[R]7:30AM New York - The Men’s Wearhouse, Inc sales rose 0.5% and net income rose 35%. Powell Industries, Inc revenue fell 1% and net income rose 19.3%.[/R]

Jackson Hewitt Tax Service Inc., a provider of computerized preparation of income tax returns reported second quarter revenues fell 21.6% to $4.0 million from $5.1 million a year ago. Net loss in the quarter was $19.5 million or 68 cents per diluted share compared to net loss of $22.2 million or 78 cents per share a year ago.

Jackson Hewitt Tax Service Inc. (JTX: chart) in the last one year traded as high as $16.70 in December 2008 and as low as $2.80 in March 2009. Based on the yesterday’s closing price of $4.13 the company has market cap of $118.87 million.

The Men’s Wearhouse, Inc., the specialty retailer of men’s suits reported third quarter sales rose 0.5% to $462.0 million from $459.7 million a year ago. Net income in the quarter rose 35% to $19.7 million or 37 cents per diluted share compared to net income of $14.6 million or 28 cents per share a year ago.

The Men’s Wearhouse, Inc. (MW: chart) in the last one year traded as high as $27.67 in September 2009 and as low as $9.38 in March 2009. Based on the yesterday’s closing price of $21.84 the company has market cap of $1.14 billion.

Powell Industries, Inc, a maker of equipment for distributing and managing electricity reported fourth quarter revenues fell 1% to $165.3 million from $167.1 million a year ago. Net income in the quarter rose 19.3% to $9.9 million or 85 cents per diluted share compared to net income of $8.3 million or 72 cents per share a year ago.

Revenues for the fiscal year 2009 rose 4.2% to $665.9 million from $638.7 million a year ago. Net income for the year rose 54% to $39.7 million or $3.43 per diluted share compared to net income of $25.8 million or $2.26 per share a year ago.

Powell Industries, Inc (POWL: chart) in the last one year traded as high as $44.93 in June 2009 and as low as $21.38 in December 2008. Based on the yesterday’s closing price of $35.51 the company has market cap of $407.14 million.