Tailored Brands, parent of Men's Wearhouse and Jos. A. Bank, has publicly filed for an initial public offering, detailing its financial performance as it prepares to return to the stock market four years after a Chapter 11 restructuring.
Angola's central bank has authorized commercial banks to hold the Chinese yuan as part of their mandatory foreign-currency reserves, a move that reflects the growing economic influence of China in the African nation.
The parent company of Men's Wearhouse and Jos. A. Bank has filed for a U.S. initial public offering, showing increased revenue but a decline in net profit in its latest quarterly results.
The parent company of Men's Wearhouse and Jos. A. Bank has filed to go public on the Nasdaq, with its S-1 filing showing a rise in quarterly revenue to $681.8 million as it seeks a return to the public markets after a 2020 bankruptcy.
Scribe Therapeutics, a biotechnology company, has submitted a registration statement for an initial public offering on the Nasdaq Global Market, planning to list under the ticker symbol 'SCTX'.
Mexico's benchmark stock index, the S&P/BMV IPC, finished Friday's session with a 0.59% gain, supported by strong performance in the industrials and consumer sectors. The Mexican peso also strengthened against the U.S. dollar and the euro.
The Colombian COLCAP stock index closed higher on Friday, lifted by gains in the industrial, services, and agriculture sectors, even as key commodity prices softened.
The British pound traded with little change, holding close to its strongest level since mid-June as a quiet U.S. data calendar kept the dollar range-bound. Investors are looking ahead to the release of the Federal Reserve's meeting minutes for new policy signals.
Billions of dollars in foreign exchange options are set to expire Wednesday across major pairs like EUR/USD and USD/JPY, potentially leading to increased volatility and pinning spot prices to key strike levels.
