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

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% [...]

June 13th, 2013 | Tags: , , , , , | Category: Large Cap Growth Stocks | Leave a comment
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Empire Company’s Sobeys Unit to acquire Safeway Inc.’s Canadian Business for $5.7 Billion (SWY)

Empire Company Ltd., the parent company of Canadian grocery chain, Sobeys Inc., announced late on Wednesday that it will be acquiring Safeway Inc.’s (NYSE: SWY) business in Canada in deal valued at $5.7 billion. The acquisition would allow Sobeys to almost double its presence in the western region of the nation.

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June 13th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Major Gainers and Losers in Early Trading on October 11; S, SWY, WGO, SWC, CTB

Shares of Sprint Nextel Corporation (NYSE: S), the No. 3 U.S. wireless carrier, are seeing a huge rally in trading today. At last check, Sprint shares were trading 14.09% higher at $5.75 on above average volume of 92.14 million. The stock hit a 52-week high of $5.98 in trading today.

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October 11th, 2012 | Tags: , , , , | Category: Large Cap Growth Stocks | Leave a comment

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