Men's Wearhouse snubs Jos. A. Bank buyout offer just hours after public announcement

Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.


ETFs rather wait before jumping into IPO - report

A report by Reuters said the managers at exchange-traded funds (ETFs) employed a passive approach on stocks traded after its debut on the bourse.

India's shrinking market and declining rupee affecting FMCG market

For the third straight quarter, India's consumer goods market had declined and this was attributed to a larger number of market players and declining consumer spending ability.

USDA to shut down Foster Farms unless company has plan for salmonella outbreak

USDA said it would shut down Foster Farms unless the company would address the salmonella outbreak by Thursday.


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Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.
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