October 09, 2013 at 18:59 PM EDT
Nasdaq Lags Again But Health Care Names Assert Strength
A mixed session for stocks Wednesday saw the Nasdaq lag again. The S&P 500 ended with a small gain, but declining stocks outnumbered advancers on the New York Stock Exchange by a small margin and new highs were in short supply again. Men's Wearhouse (MW) surged 9.79 to 45.03 after the clothier rejected a $2.3 billion buyout offer from Jos. A. Bank (JOSB). The offer values Men's Wearhouse at $48 per share. Men's Wearhouse founder George Zimmer had
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