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Jos. A. Bank Clothier announced Friday morning that it was acquiring privately held Eddie Bauer for $825 million in cash and newly issued stock. This virtually guarantees that Men's Wearhouse will...
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Men's Wearhouse announced Monday morning that it has begun a tender offer to acquire shares in Jos. A. Bank Clothiers in an all-cash offer of $5.75 a share. Last Friday, Jos. A. Bank approved a...
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ThinkstockIn early October, men’s clothing firm Jos. A. Bank Clothiers Inc. (NASDAQ: JOSB) made an offer of $48 a share for Men’s Wearhouse Inc. (NYSE: MW), which the target company rejected and...
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ThinkstockGeorge Zimmer, founder and former executive chairman of Men’s Warehouse Inc. (NYSE: MW), likely can take back control of the retailer. And he does not have to look far for allies that can...
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ThinkstockThe board of Men’s Warehouse Inc. (NYSE: WM) is made up of people who should not be on any public board. The irony is that all were added on the watch of fired chairman George Zimmer. He...
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ThinkstockThe Men’s Wearhouse Inc. (NYSE: MW) really is not down as much in the price of its stock as one might have been braced for. The men’s apparel retailer terminated George Zimmer from his...
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U.S. equity markets opened lower this morning, but gathered steam following encouraging reports on new claims for jobless benefits (down) and retail sales (up). There was little economic data from...
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U.S. equity markets opened higher this morning but turned south early and finished the day with losses. In Europe, the German high court still continues to debate the constitutionality of the ECB’s...
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thinkstockHere are today’s five biggest gaining stocks at closing: ARCA biopharma Inc. (NASDAQ: ABIO) is up 44.4% at $3.32. Silver Spring Network Inc. (NYSE: SSNI) is up 29.4% at $22.00....
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U.S. equity markets opened higher this morning following a better-than-expected report on new jobless benefits claims in the U.S. and a mostly inline report on producer prices (more coverage here)....
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U.S. equity markets opened slightly lower this morning following on some poor data on eurozone industrial production, which fell more than expected. Non-farm payrolls fell more than expected in...
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U.S. equity markets opened mixed this morning following a decision by the European Central Bank to leave its interest rates unchanged (more coverage here). Third-quarter eurozone GDP was in line with...
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U.S. equity markets opened essentially flat again this morning as investors waited to see what would happen with the many data releases due out today. In Europe, the non-manufacturing PMI numbers...
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Stocks climbed Thursday after the European Central Bank head Mario Draghi said the bank would consider buying government bonds in unlimited quantities to stabilize financial markets. Thursday’s...
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The three major US stock indexes opened lower this morning, but only the DJIA remained negative until the afternoon. Economic news from Europe was mixed ahead of a G7 meeting related to Spain (our...
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