MARKET PULSE-AMCOL, Ciena, Men's Wearhouse, Sears Holdings
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks rose modestly on Friday, with the S&P 500 on track for its first two-week winning streak of the year, as investors were once again willing to overlook some soft economic data stemming from bad weather. The Dow Jones industrial average was up 0.54 percent at 16,114.03, the S&P 500 was up 0.30 percent at 1,835.3 and the Nasdaq Composite was down 0.06 percent at 4,238.242.
** AMCOL INTERNATIONAL CORP, $44.79, +8.32 pct
** MINERALS TECHNOLOGIES INC, $53.22, +0.26 pct
Minerals Technologies offered to buy minerals and materials group AMCOL International for $1.36 billion, topping an offer from France's Imerys.
** JOS. A. BANK CLOTHIERS INC, $55.03, +0.20 pct
** MEN'S WEARHOUSE INC, $44.37, -4.64 pct
Men's clothing retailer Jos. A. Bank Clothiers, the target of an unwelcome bid from rival Men's Wearhouse, said it would buy outdoor clothing retailer Eddie Bauer for $825 million in its latest effort to stay independent. Continued...