Stock Price Movements, Settlement, Acquisition, and Proposal - Research Report on eBay, Macy's, Advance Auto Parts, Jos. A Bank, and LightInTheBox
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NEW YORK, January 9, 2014 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting eBay Inc. (NASDAQ: EBAY), Macy's, Inc. (NYSE: M), Advance Auto Parts Inc. (NYSE: AAP), Jos. A Bank Clothiers Inc. (NASDAQ: JOSB), and LightInTheBox Holding Co., Ltd. (NYSE: LITB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
eBay Inc. Research Report
On January 6, 2014, eBay Inc.'s (eBay) stock declined 2.78%, ending the day at $51.78 per share. Over the previous three trading sessions, shares of eBay declined 5.62% compared to the Nasdaq Composite which declined 1.51% during the same period. The Full Research Report on eBay 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/4666_EBAY
Macy's, Inc. Research Report
On January 2, 2014, Macy's, Inc. (Macy's) issued a press release regarding its settlement of a legal dispute with Martha Stewart Living. In its official statement, Macy's stated, "Macy's has resolved its breach-of-contract lawsuit against Martha Stewart Living Omnimedia. We are pleased to be able to put this matter behind us. The terms of our settlement are confidential, will not be disclosed, and are not deemed to be material to Macy's. We can now return our focus to what we do best - bringing beautifully designed, high quality, affordable products to consumers nationwide. We look forward to a continued, successful partnership together. This settlement does not affect Macy's outstanding claim against J.C. Penney, which remains subject to the court's decision." The Full Research Report on Macy's, 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/b69d_M
Advance Auto Parts Inc. Research Report
On January 2, 2014, Advance Auto Parts Inc. (Advance Auto Parts) announced that it has successfully completed the acquisition of General Parts International, Inc. (GPII). Darren R. Jackson, Advance Auto Parts CEO, concluded, "We are excited about the completion of this transaction and the opportunity it presents for our customers and the over 70,000 team members. This combination positions Advance as the largest automotive aftermarket provider of parts, accessories, batteries, and maintenance items in North America. Strategically it provides us with a compelling opportunity to expand our geographical presence, channels of distribution, and commercial capabilities to better serve customers and deliver value to shareholders." The Full Research Report on Advance Auto Parts 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/9ee7_AAP
Jos. A Bank Clothiers Inc. Research Report
On January 6, 2014, Jos. A Bank Clothiers Inc. (Jos. A Bank) confirmed that The Men's Wearhouse, Inc. (Men's Wearhouse) has commenced an unsolicited tender offer to acquire all outstanding common shares of Jos. A Bank for $57.50 per share. According to the Company, the Board informed that consistent with its fiduciary duties, it will carefully review all aspects of the Men's Wearhouse offer in consultation with its financial and legal advisors and make a recommendation to shareholders, which will be outlined in a Statement on Schedule 14D-9 filed with the Securities and Exchange Commission on or before January 17, 2014. Jos. A Bank noted that its stockholders are advised to take no action on the tender offer until the Board of Directors has announced its recommendation to stockholders. The Full Research Report on Jos. A Bank Clothiers 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/3d28_JOSB
LightInTheBox Holding Co., Ltd. Research Report
On January 6, 2014, LightInTheBox Holding Co., Ltd. (LightInTheBox) announced that it has successfully acquired Ador, Inc. (Ador) in an asset transaction for an undisclosed amount of cash. According to the Company, the Ador executive team and its employees will join LightInTheBox and will represent the Company's first on-the-ground office in the US, an important growth market for the Company. Alan Guo, Chairman and CEO of LightInTheBox, explained, "Through our acquisition of Ador, we are excited to add the executive talents of Mark and Quinten to our executive team. The addition of these individuals to the LightInTheBox team underscores our ambition and commitment to build a global flagship e-commerce company." He added, "Further, the establishment of a U.S. office for LightInTheBox through this transaction brings us closer to our customers, and provides us the opportunity to acquire an extremely talented team." The Full Research Report on LightInTheBox Holding Co., Ltd. - 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/8972_LITB
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