Talbots News

Talbots : Talbots got its deal to sell itself done. In December, the company rejected a $3-a-share offer calling it "inadequate," but a $3.05-a-share flyer went south last month.

Markets closed down on Wall Street today:A Dow A -0.21%,A S&P A -0.23%,A Nasdaq A -0.35%,A OilA -1.46%,A Gold A -0.01%. On the commodities front,A Oil A declined to $86.56 a barrel.

Talbots Inc., the women’s clothing retailer trying to reverse falling sales, agreed to be bought by private-equity firm Sycamore Partners for a reduced price of $369 million, including debt.

In trading on Thursday, apparel stores shares were relative leaders, up on the day by about 1.4%. Leading the group were shares of Talbots , up about 92.2% and shares of Stage Stores up about 3.8% on the day.

NEW YORK - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE The Talbots Inc., up $1.15 at $2.44 The women's clothing chain said it is being taken private by Sycamore Partners for $193.3 million, a switch after talks stalled last week.

The Talbots' share rose over 100% after Sycamore offered to buy the apparel retailer for $2.75 per share.

After reportedly walking away last week from talks to buy women's apparel retailer Talbots Inc .

HINGHAM, Mass. - The struggling women's clothing chain Talbots is being acquired by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week.

Virginia Rand Bowman, managing general partner of Northgate Associates and owner and developer of Northgate Mall, stands in the Mall's food court on Tuesday.

The analysts wrote, "Business remains weak as 1Q topline decelerated and margins improved only modestly despite very easy compares.

LDK Solar Co. Inc. : Bad news has come for Chinese companies hoping to compete in the green market.

Sycamore Partners just decided not to buy The Talbots Inc. . But even before the private equity firm began negotiating about a possible deal with Talbots months ago, the women's clothing store was undergoing organizational upheaval tough for investors to predict.

Good afternoon, ladies and gentlemen. On behalf of Talbots, we would like to welcome you to The Talbots Inc.

Talbots, Inc shares crashed Friday after Sycamore Partners dropped its bid to take the company private.

Talbots is finally through with its "playing hard to get" routine. The flailing women's clothier said Friday it "remains open to pursuing a transaction with Sycamore Partners" -- a buyout firm whose takeover advances it had rebuffed for months.

Markets closed down on Wall Street today:A Dow A -0.62%,A S&P A -0.24%,A Nasdaq A -0.10%,A Oil + 021.%,A Gold + 0.97A %. On the commodities front,A Oil A declined to $90.85 a barrel.

The women's clothier Talbots Inc. said Friday that a deadline expired without a deal in its exclusive talks about being acquired by a private equity firm and that it will actively pursue other options.

The Talbots Inc. reported results for the quarter ended April 28, 2012, with an increase in both operating income and adjusted operating income compared to the prior year period.

China filed World Trade Organization cases Friday challenging U.S. anti-subsidy tariffs on 22 Chinese goods including steel, widening a conflict between the two giant trading partners.

Shares of Talbots Inc. and Facebook Inc. each may hold investors's attention Friday evening, after a dayside slide for the apparel retailer and a weekly loss for Facebook in its first week of trading.