Jos A Bank Clothiers News
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The chairman of Jos. A. Bank Clothiers Inc. will receive a payout of up to $5.8 million as part of the chain's acquisition by Men's Wearhouse in a $1.8 billion deal.
They both sell suits, but in consumers' minds Jos. A. Bank Clothiers and The Men's Wearhouse are distinct brands.
A. Bank Clothiers, Inc., a corporation and a direct wholly owned subsidiary of the Company .
Fire Weather Watch issued March 13 at 3:49PM EDT expiring March 14 at 6:00PM EDT in effect for: Dorchester, Somerset, Wicomico, Worcester Fire Weather Watch issued March 13 at 3:21PM EDT expiring March 14 at 6:00PM EDT in effect for: Caroline, Cecil, Kent, Queen Annes, Talbot Fire Weather Watch issued March 13 at 2:13PM EDT expiring March 14 at ... (more)
The Boston Globe has announced that "Men's Wearhouse and Jos. A. Bank, after an extended courting that included overtures on both sides and flirtations with other parties, will combine to create the nation's fourth-largest menswear retail chain."
MW shares were off 0.6% after the company said on Tuesday that it will buy Jos. A. Bank Clothiers was falling 1.82% as Reuters reported the automaker may face criminal charges after the recall of 1.6 million vehicles.
If Monday was all about the Chiquita chick, who saw her stock surge 10.70%, yesterday was when the fellas reclaimed center stage.
The mayor of Hampstead says he's waiting to hear how the takeover of locally based Jos.
On Tuesday, the men's clothing chain finally convinced Jos A. Bank to cut a deal.
Dow futures were down by 0.20% at 16,303. Futures on the S&P 500 dropped 0.24% to 1,860.
Mike points squarely at Jos. A. Bank shareholders, as Men's Wearhouse will be paying an outstanding 10 times EV/EBITDA for the company.
If you're puzzled why the U.S. stock market has risen so fast in a slow-growing economy, consider the stock buyback.
Would Parmesan by any other name be as tasty atop your pasta? A ripening trade battle might put that to the test.
A disappointing report on job openings helped nudge major stock indexes back into the red Tuesday afternoon after a brief upswing in the morning.
In Nassau slow moving maintenance vehicle. two lanes closed on The L.I.E./I-495 EB east of x39/Glen Cove Rd and before X40/Jericho Tpk/NY Rt-25 in Nassau Cnty.