What a turnaround: After opening more than 10% lower on weak earnings and an even weaker...

|By:, SA News Editor

What a turnaround: After opening more than 10% lower on weak earnings and an even weaker outlook, Talbot's (TLB +14.2%) rallies as investors take comfort that the women's apparel retailer is pushing out creative director Michael Smaldone, and CEO Trudy Sullivan says the company will close stores and bring in a new merchandising team.