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TLB Market Currents
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Friday 12:55 PM What now? After Sycamore Partners backed off a deal to purchase the company at $3.05 a share, Talbots (TLB -38.1%) faces the moment of truth - nobody wants to buy it. Focus Investment Banking's Abe Garver says the company has already talked to every potential buyer without any positive results, while the advertised turnaround isn't on track with 90 stores closures and falling comparable-store sales the lead stories.
Comment![Consumer, On the Move]
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Friday 9:05 AM Premarket gainers: GNOM +20%. FRO +7%.
Losers: DCTH -36%. TLB -27%. GENE -11%. PAY -10%. NYMT -6%. VRML -6%. [On the Move] - Friday 8:59 AM Talbots (TLB) drops 23.1% in premarket trading after announcing that its exclusivity agreement with Sycamore Partners expired with no deal in place. The company says it's now seeking strategic alternatives. Also: FQ1 earnings. [On the Move, Consumer]
- Wednesday 10:51 AM Talbots (TLB +7.7%) pops higher as word breaks that the company has extended again its exclusivity agreement with Sycamore Partners, this time to May 24. Shares of TLB are now trading hands at $2.50 a pop - still well-below the $3.05 offer price Sycamore has on the table. [On the Move, Consumer]
TLB in Focus
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at MarketWatch.com (Fri, 4:33PM)
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at MarketWatch.com (Fri, 2:57PM)
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at MarketWatch.com (Fri, 11:40AM)
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at MarketWatch.com (May 16, 2012)
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at CNBC.com (May 7, 2012)
TLB Press Releases and Filings
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Business Wire (Fri, 8:31AM)
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Business Wire (Fri, 8:30AM)
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Business Wire (Wed, 7:30AM)
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Business Wire (May 15, 2012)
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Business Wire (May 7, 2012)
TLB Latest Transcript
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Mon, Apr 16Popular searches: forward-looking, tlb.
TLB Cramer
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Wed, Aug 20, 2008
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Fri, Nov 17, 2006
TLB Instablog posts
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TLB vs. ETF Alternatives
Company Description
The Talbots, Inc., a Delaware corporation, together with its wholly owned subsidiaries, is a specialty retailer and direct marketer of women’s apparel, shoes, and accessories. We operate stores in the United States and Canada. In addition, our customers may shop online or via our catalogs.
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