Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), was upgraded by research analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a report released on Monday, Analyst Ratings Net reports. Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), net profit margin is 6.10% and weekly performance is -0.22%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $51.00. Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), distance from 50-day simple moving average (SMA50) is 0.97%.
The Men’s Wearhouse, Inc. (NYSE:MW), announced that in accordance with the terms of its merger agreement with Jos. A. Bank Clothiers, Inc., it has extended its all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank to 5:00 p.m. New York City time on May 21, 2014, unless further extended. The Men’s Wearhouse, Inc. (NYSE:MW), shares advanced 0.90% in last trading session and ended the day on $49.52. MW, Gross Margin is 44.00% and its return on assets is 7.60%. The Men’s Wearhouse, Inc. (NYSE:MW), quarterly performance is 7.44%.
Houston Wire & Cable Company (NASDAQ:HWCC), announced operating results for the first quarter ended March 31, 2014.Houston Wire & Cable Company (NASDAQ:HWCC), shares moved up 6.22% in last trading session and was closed at $12.47, while trading in range of $ 11.85 – 12.55. Houston Wire & Cable Company (NASDAQ:HWCC), year to date (YTD) performance is -6.03%.
Mitel Networks Corporation (NASDAQ:MITL), a global leader in business communications, announced financial results for the first quarter of 2014 ended March 31, 2014. All financial results are in U.S. dollars. Mitel Networks Corporation (NASDAQ:MITL), ended the last trading day at $10.96. Company weekly volatility is calculated as 5.37%. Mitel Networks Corporation (NASDAQ:MITL), showed a positive weekly performance of 20.18%.