The sweet premium Charming Shoppes commanded from Ascena for its buyout of the woman's clothing...

|By:, SA News Editor

The sweet premium Charming Shoppes commanded from Ascena for its buyout of the woman's clothing retailer seems to be helping push sector rivals higher on M&A speculation - despite major market indexes being awash in red. Advancers: NWY +2.7%, CBK +1.7%, LTD +0.8%, ANN +1.4%, FRAN +0.8%.