Shareholder Rights Plans, Results Schedules, Conference Calls, and Philanthropic Initiatives - Research Report on Men's Wearhouse, Under Armour, PVH, VF, and ANN Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, October 14, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting The Men's Wearhouse, Inc. (NYSE: MW), Under Armour Inc. (NYSE: UA), PVH Corp. (NYSE: PVH), VF Corp. (NYSE: VFC), and ANN INC. (NYSE: ANN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Men's Wearhouse, Inc. Research Report
On October 9, 2013, The Men's Wearhouse, Inc. (Men's Wearhouse) announced that the Company's Board of Directors has adopted a limited duration shareholder rights plan (the Rights Plan) and declared a dividend of one right on each share of the Company's common stock outstanding, at 5:00 p.m. ET on October 21, 2013. Men's Wearhouse stated that the Rights Plan was adopted following the Company's rejection of an unsolicited offer from Jos. A. Bank to acquire Men's Wearhouse for $48 per share as it significantly undervalues the Company. Men's Wearhouse informed that in the absence of further action by the Board of Directors and subject to certain exceptions, the rights generally will become exercisable and allow holders to acquire the Company's common stock at a discounted price if a person or group acquires beneficial ownership of 10% or more of the Company's common stock (15% in the case of a passive institutional investor) in a transaction not approved by its Board. Under such a scenario, the rights held by persons or groups that exceed the applicable threshold will be void. The Rights plan will expire on September 30, 2014 unless redeemed, exchanged, or terminated by Men's Wearhouse. The Full Research Report on The Men's Wearhouse, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ef39_MW]
Under Armour Inc. Research Report
On October 3, 2013, Under Armour Inc. (Under Armour) announced that it will report the results of its Q3 2013 earnings on October 24, 2013 at 7:00 a.m. ET. The Company informed that it will also host a conference call on the same day to discuss the results at 8:30 a.m. ET, and a webcast of the same can be accessed at the Company's website. On July 25, 2013, Under Armour had raised its full-year 2013 net revenue guidance to be in the range of $2.23 billion to $2.25 billion, representing 22% to 23% YoY growth. In addition, the Company expects full-year 2013 operating income in the range of $258 million to $260 million, representing 24% to 25% YoY growth. The Full Research Report on Under Armour Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9335_UA]
PVH Corp. Research Report
On October 7, 2013, The Tommy Hilfiger Group (Tommy Hilfiger), which is wholly owned by PVH Corp. (PVH), announced the launch of a new limited-edition handbag in support of Breast Health International (BHI) for the seventh consecutive year. According to the Company, the product is available in select Tommy Hilfiger stores in Europe, United States, Canada, Latin America, the Asia-Pacific region and the Company's website, for $299. The Company informed that $100 from the sale of each bag will go directly to the Fund for Living, the global BHI initiative that provides assistance to women with breast cancer and their families, by covering costs or addressing unique problems associated with their care that may not be covered by health insurance programs. The Full Research Report on PVH Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fbc7_PVH]
VF Corp. Research Report
On October 7, 2013, VF Corp. (VF) announced that it expects to report its Q3 2013 financial results on Monday, October 21, 2013 at approximately 7:00 a.m. ET. The Company stated that it will also host a conference call at 8:00 a.m. ET on the same day to review the results. VF Chairman, President and CEO, Eric Wiseman, and Senior Vice President and CFO, Bob Shearer, will lead the call. The call will be broadcast live at the Company's website, and a replay will be available from October 21, 2013 to October 28, 2013 at the same location. The Full Research Report on VF Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7409_VFC]
ANN INC. Research Report
On October 1, 2013, ANN INC. (ANN) issued a press release reaffirming its dedicated support of The Breast Cancer Research Foundation (BCRF) through its annual Breast Cancer Awareness campaign and new in-store and online promotions. ANN said that in recognition of National Breast Cancer Awareness Month in October, the Company will support BCRF with the sale of Ann Taylor Cares and LOFT Cares Cards. ANN reported that through this unique program it has fully funded sixteen leading-edge projects for the 2013-2014 grant period. The Company also said that it has funded BCRF research projects for past 8 years and is expanding its support to sixteen grantees in 2013. The Full Research Report on ANN INC. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8e14_ANN]
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