Latest Men's Wearhouse News and Updates
Eminence Capital raises its position in Xoom
Increased mobile adoption of Xoom’s mobile products led Latin America revenue, which rose 48% YoY. Gross sending volume increased 29% YoY.
Ricky Sandler’s Eminence Capital sells its stake in Pandora Media
Eminence Capital exited a position in Pandora Media Inc. (P) that accounted for 2.58% of the fund’s 3Q portfolio.
Analyzing Eminence Capital’s 13G filings
In 3Q14, Eminence Capital’s portfolio increased slightly to $6.83 billion, compared to $6.05 billion in the second quarter.
Macy’s Partners with Men’s Wearhouse to Offer Tuxedo Rentals
Men’s Wearhouse will have an exclusive ten-year right to supply tuxedos for rental at Macy’s. At the same time, Macy’s will continue selling tuxedos from its own collection.
TIBCO Software gets reduced position in Eminence Capital
On December 5, 2014, Vista Equity Partners completed the acquisition of TIBCO for $4.3 billion, or $24 per share, in a cash transaction.
How Men’s Wearhouse stands against its competitors
The acquisition offers that K&G received were much lower than Men’s Wearhouse’s estimates, so the company decided to improve the profitability of K&G.
Eminence Capital reveals new share in Valmont Industries
Eminence Capital opened a new position in Valmont Industries (VMI) that accounts for 1.48% of the fund’s portfolio.
Eminence Capital buys a new position in KAR Auction Services
Eminence Capital disclosed a new position in KAR Auction Services Inc. (KAR) that accounts for 2.09% of the fund’s portfolio.
Assessing Eminence Capital’s 4Q13 positions in Humana and more
Eminence Capital, LLC is an asset management firm founded in 1998 by Ricky Sandler that manages approximately $5.2 billion on behalf of institutions and individuals.