Movers roundup: Men's Wearhouse, MGM Resorts

Movers roundup: Men's Wearhouse shares rise on possible sale of unit; MGM Resorts shares rise

Associated Press

Among the stock activity stories for Thursday, March 14, from AP Business News:

— Shares of The Men's Wearhouse Inc. surged after the retailer announced plans to explore the possible sale of its K&G unit, which sells men's suits and accessories.

— MGM Resorts International's stock rose after its biggest shareholder, Kirk Kerkorian, requested permission to raise his stake in the casino and resort operator to up to 25 percent.

— Suntech Power Holdings Co. Ltd. shares continued to slide as the solar energy company approaches a debt payment that could force it into bankruptcy.

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