| May 9, 2014
| 3:27 PM
Jos. A. Bank Clothiers Inc. said its CEO and president, R. Neal Black, earned $2.92 million last year, up slightly from 2012.
Black's compensation included $791,275 in salary and $2 million in stock awards. Bank's top executive also earned another $126,...
| Jun 23, 2014
| 4:22 PM
Silicon Valley giant Oracle Corp. plans to acquire Columbia-based Micros Systems Inc. for $5.3 billion in a deal executives and industry observers said could generate local job growth instead of the typical corporate consolidation.
In the deal...
| Jun 18, 2014
| 2:35 PM
Men's Wearhouse closed its $1.8 billion deal to acquire Hampstead-based Jos. A. Bank Clothiers Inc., the company said Wednesday, putting an end to what had been a pitched takeover battle between the two former rivals.
The Houston-based men's clothing...
| Jun 6, 2014
| 6:07 PM
Jos. A. Bank Clothiers Inc., likely a few weeks away from finalizing a $1.8 billion deal to be acquired by Men's Wearhouse, posted a $37.1 million first-quarter loss stemming from merger-related expenses.
In what is probably its last earnings report as...
| Nov 7, 2013
| 3:28 PM
Men's Wearhouse disclosed Thursday that its largest shareholder has demanded the company negotiate with Jos. A. Bank Clothiers over the Hampstead-based retailer's acquisition offer.
New York hedge fund Eminence Capital, which owns 9.8 percent of Men's...
| Mar 25, 2013
| 4:45 PM
With Jos. A. Bank Clothiers Inc. likely poised to announce year-end and fourth-quarter results this week, investors and analysts wonder just how bad it will be.
So far this year, stock in the Hampstead-based men's apparel chain has sat out the stock...
| Jun 21, 2013
| 4:30 PM
Jos. A. Bank Clothiers Inc. shareholders voted to reject pay packages for the menswear retailer's top executives at the company's annual meeting Friday, a nonbinding action that may express displeasure with management or, company officials believe, a so-...
| Jun 24, 2013
| 6:09 PM
When reports surfaced that Jos. A. Bank Clothiers Inc. had bid for a designer jeans maker, CEO R. Neal Black said the company's board decided it had to go public with plans to pursue potential acquisitions.
While the Hampstead-based men's apparel...
| Aug 13, 2013
| 3:36 PM
Shares of Jos. A. Bank Clothiers Inc. jumped 12.5 percent Tuesday after investment manager BeaconLight Capital LLC urged the Hampstead-based men's apparel chain to change direction by reorganizing its board and returning cash to shareholders.
| Aug 17, 2013
Jos. A. Bank Clothiers faces a growing shareholder revolt as demonstrated by an institutional investor's open letter last week calling for the Hampstead-based retailer to return its growing cash reserve to owners of its stock.
BeaconLight Capital LLC,...
| Aug 15, 2013
| 3:29 PM
Jos. A. Bank Clothiers Inc. expects profits to drop in the second quarter, the Hampstead-based retailer announced Thursday.
Earnings are expected to decline to about 49 cents to 53 cents per share, compared with 83 cents per share in the second...