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Men's Wearhouse Parent Tailored Brands Files For Chapter 11 Bankruptcy
Monday, August 3, 2020 - 1:42am | 401Tailored Brands Inc (NYSE: TLRD) has filed for a voluntary Chapter 11 bankruptcy, the company announced Sunday. It's also carrying out a restructuring plan supported by 75% of its senior lenders. What Happened The retailer, which owns Men’s Wearhouse, Moores Clothing for...
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Why A Hold Rating Fits Just Right For Tailored Brands
Monday, December 5, 2016 - 3:07pm | 348Deutsche Bank’s Paul Trussell has downgraded Tailored Brands Inc (NYSE: TLRD) to Hold from Buy following its 31 percent election rally and balanced risk/reward. After The Election Rally Since Election Day, Tailored shares have been up more than any other stock in Deutsche Bank’s...
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Where Wall Street Is Looking For Earnings Growth This Week
Sunday, December 6, 2015 - 7:23pm | 820Wall Street is looking for strong quarterly results from Adobe Systems Incorporated (NASDAQ: ADBE) and Ciena Corporation (NYSE: CIEN) this week. Year-on-year earnings growth is also anticipated from Costco Wholesale Corporation (NASDAQ: COST). However, mixed results are forecast for H & R...
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Exclusive: TD Ameritrade Strategist Looking Past Upcoming Earnings Toward Macro Data
Wednesday, June 10, 2015 - 3:55pm | 343Speaking exclusively to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan said that both Krispy Kreme Doughnuts (NYSE: KKD) and Men's Wearhouse Inc (NYSE: MW) were expecting decent-sized moves following tonight's earnings reports, according to option pricing. Looking at volatility, Krispy Kreme...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...
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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Earnings Expectations For The Week Of March 10: The Season Winds Down
Sunday, March 9, 2014 - 6:30pm | 899As the earnings season winds down, some the most anticipated quarterly reports this week. Most notably, reports will come from alternative energy companies FuelCell Energy (NASDAQ: FCEL) and Plug Power (NASDAQ: PLUG), retailers American Eagle Outfitters (NYSE: AEO) and Dollar General (NYSE: DG),...
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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Jos. A. Bank And Men's Wearhouse Finally Cozying Up To Each Other?
Monday, March 3, 2014 - 11:50am | 439The drama continues with Jos. A. Bank (NASDAQ: JOSB) and Men’s Wearhouse (NYSE: MW), but it appears that the two companies are getting at least a little friendlier with each other. According to a press release Monday morning, Men’s Wearhouse said that the two companies agreed to a non-...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...