Finally, it’s been a rough Valentine’s Day for The Men’s Wearhouse, Inc. (NYSE:MW), which has shed 4.6% to $44.37. The company has been pursuing Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), though its acquisition efforts were stifled by JOSB’s. Nevertheless, it seems one option trader is gambling on an intermediate-term recovery for MW. The speculator bought to open a block of 5,000 May 50 calls, and helped fund the bullish position by simultaneously selling to open an equal amount of May 36 puts. which simulates stock ownership — the trader is expecting MW to rally north of $50 within the next few months.The Men’s Wearhouse, Inc. (NYSE:MW) stock opened at $42.79 in last session, and closed at $44.07, while the day range of MW stock is $41.83 – $44.66. The stock showed a negative weekly performance of -4.26%.
Weight Watchers International, Inc. (NYSE:WTW) Dropped nearly 20% to $24.61 on heavy volume after the company forecast a “very challenging year” ahead, with a 2014 earnings outlook of $1.30 to $1.60 a share. Analysts had expected $2.72 a share. Weight Watchers International, Inc. (NYSE:WTW) stock opened at $23.09, in last session and closed at $22.10, by losing -27.73%. The 52 week range of $21.95 – $48.63. Company’s market capitalization is $1.25 billion.
Several analysts have recently commented on the stock. Analysts at Nomura initiated coverage on shares of VF Corp (NYSE:VFC) in a research note on Wednesday. They set a “buy” rating and a $65.00 price target on the stock. On the ratings front, analysts at Morgan Stanley initiated coverage on shares of VF Corp. in a research note on Wednesday VF Corp (NYSE:VFC) stock losing -5.08% and finished the last session at $56.85. The EPS of the stock remained 2.65. Company’s market capitalization is $25.03 billion.
The latest development and partnership with the China Mobile is also to be accounted for the optimism about Apple Inc. (NASDAQ:AAPL). The China Mobile deal brings large implications to Apple Inc’s market. Through the China deal, Apple Inc will surely target the emerging markets with success. China Mobile reported that 45 million people were using their phones. This figure comprises about 60 per cent of total iPhone users in China. Apple Inc. (NASDAQ:AAPL) stock opened the session at $542.47, and closed the session at $543.99. The 52 week range of the AAPL stock remained $385.10 – $575.14 and the day range was $541.21 – $54.98.