Daily Stocks News » MW

Men’s Wearhouse Rejects $2.4 Billion Takeover Bid from Jos. A. Bank

Warren Paige — Wed, 09 Oct 2013 16:03:31 +0000

Men’s Wearhouse board rejected a $2.4 takeover bid from smaller rival Jos. A. Bank Clothiers on Wednesday, marking it as the second occasion when the company has turned down the idea of selling the clothing chain. Earlier in June, Men’s Wearhouse board fired its founder and biggest shareholder, George Zimmer, blaming him that he was [...]

Major Movers on June 13; MW, PVH, SWY, GCI, BBRY, PCO

Warren Paige — Thu, 13 Jun 2013 18:28:04 +0000

Shares of The Men’s Wearhouse Inc. (NYSE: MW) climbed 3.65% by afternoon trade. The Company said on Wednesday that fiscal first quarter profit rose 23%, driven by stronger margins. Net income climbed to $33.1 million or 65 cents a share from $26.9 million or 52 cents a share, in the year-earlier quarter. Revenue climbed 5.1% [...]

Major Movers on March 14; VRA, LCUT, EFTC, EBAY, MW, AMZN

Warren Paige — Thu, 14 Mar 2013 17:10:54 +0000

Shares of Vera Bradley Inc. (NASDAQ: VRA) slumped on Thursday after the handbag and travel leisure accessories maker provided downbeat outlook on the current quarter and full-year, late last evening. However, fiscal fourth-quarter results exceeded Street’s estimates. For the quarter ended February 2, The Fort Wayne-based Company reported a profit of $25.1 million, or 62 [...]

Men’s Wearhouse Shares Rally as Company Seeks Strategic Alternatives for K&G Operations (MW)

Warren Paige — Thu, 14 Mar 2013 10:20:41 +0000

Although the Men’s Wearhouse Inc.’s (NYSE: MW) fiscal fourth-quarter results fell short of Street’s estimates due to “challenging macroeconomic environment”; shares rallied in afterhours trading on Wednesday after the specialty men’s suit maker said that it has hired Jefferies & Co. to help evaluating strategic alternatives for its K&G operations. The Company is inclined focusing [...]

Men’s Wearhouse Shares Surge on Q2 Results (MW)

Warren Paige — Thu, 06 Sep 2012 21:05:54 +0000

Shares of Men’s Wearhouse Inc. (NYSE: MW) surged in trading today after the retailer posted better-than-expected second-quarter profit, driven by solid sales and improved margins.

Houston, Texas-based Men’s Wearhouse, which is one of the largest specialty retailers in North America, reported second-quarter earnings of $59.4 million, or $1.15 per share, compared to $57.1 million, [...]

Major Gainers and Losers on September 6; MW, OCZ, PAU, NAV, WXS, MXTX, AMZN, SHLD

Warren Paige — Thu, 06 Sep 2012 21:04:36 +0000

Shares of The Men’s Wearhouse Inc. (NYSE: MW), a specialty retailer of men’s suits and a provider of tuxedo rental product in the U.S. and Canada, surged in trading today after the company reported its second-quarter financial results.

MW shares rose to an intra-day high of $38.08 in trading today before finishing the day [...]