International Business News - Talbots http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Talbots Inc. said Tuesday that it has locked up deals with two lenders to convert uncommitted working capital to committed working capital lines. The women's specialty retailer said Mizuho Corporate Bank Ltd. and Sumitomo Mitsui Banking Corp. have agreed to convert a total of $125 million in uncommitted working capital. http://www.ibtimes.com/articles/20081125/talbots-to-convert-125m-in-uncommitted-capital.htm Tue, 25 Nov 2008 09:09:59 EST Talbots Inc. said Tuesday its third-quarter loss widened on the closing of some units, along with softer traffic and consumer spending. For the period ended Nov. 1, Talbots reported a loss of $167.2 million, or $3.13 per share, compared with a loss of $9.4 million, or 18 cents per share, a year earlier. http://www.ibtimes.com/articles/20081125/talbots-3q-loss-widens-on-closings-less-traffic.htm Tue, 25 Nov 2008 09:02:22 EST An analyst cut her price target on shares of Talbots Inc. on Tuesday and said the women's specialty retailer may cut or eliminate its dividend to preserve cash. http://www.ibtimes.com/articles/20081111/ahead-of-the-bell-talbots-may-cut-dividend.htm Tue, 11 Nov 2008 08:32:15 EST Shares of Talbots Inc. continued to drop on Friday, even after the women's apparel retailer announced its plan to sell its underperforming J.Jill division. http://www.ibtimes.com/articles/20081107/talbots-hits-new-low-on-weak-sales-data.htm Fri, 07 Nov 2008 14:58:52 EST Women's specialty retailer Talbots Inc. said Thursday that it plans to sell its J. Jill brand and concentrate on its namesake brand due to current economic conditions. http://www.ibtimes.com/articles/20081106/talbots-plans-to-sell-its-j-jill-brand.htm Thu, 06 Nov 2008 08:26:24 EST Specialty retailer Talbots Inc. said Thursday that its fiscal third-quarter same-store sales fell 13.9 percent, hurt by declining customer traffic. Same-store sales, or sales at stores open at least a year, is a key indicator of retailer performance since it measures growth at existing stores rather than newly opened ones. http://www.ibtimes.com/articles/20081106/talbots-3q-same-store-sales-fall-on-lower-traffic.htm Thu, 06 Nov 2008 08:22:59 EST An analyst on Tuesday downgraded Talbots Inc. to "Neutral" from "Buy," saying the women's apparel retailer is facing weak mall traffic trends and stepped-up promotional activity. http://www.ibtimes.com/articles/20080923/ahead-of-the-bell-talbots-downgraded.htm Tue, 23 Sep 2008 07:06:29 EDT Among the stock activity stories for Wednesday, Aug. 27, from AP Financial News: NEW YORK (AP)--Shares of The Talbots Inc. surged nearly 30 percent on Wednesday, after the women's apparel retailer said its second-quarter loss widened, but added the cost of closing down some businesses will be much less than expected. http://www.ibtimes.com/articles/20080827/movers-roundup-talbots-lehman-brothers.htm Wed, 27 Aug 2008 18:15:27 EDT Shares of The Talbots Inc. surged nearly 30 percent on Wednesday, after the women's apparel retailer said its second-quarter loss widened, but added the cost of closing down some businesses will be much less than expected. http://www.ibtimes.com/articles/20080827/talbots-shares-rise-on-improved-outlook.htm Wed, 27 Aug 2008 16:51:02 EDT Clothing retailer Talbots Inc. said Wednesday it lost $25 million in its second quarter, nearly doubling year-ago losses as sales fell 8 percent and restructuring charges mounted. http://www.ibtimes.com/articles/20080827/talbots-2q-loss-swells-to-25-million.htm Wed, 27 Aug 2008 08:02:40 EDT Apparel retailer The Talbots Inc. on Thursday reaffirmed its outlook for fiscal 2008 but said it remains cautious about the retail sector. Hingham, Mass.-based Talbots continues to expect earnings between 47 cents and 52 cents per share for fiscal 2008, excluding Talbots Kids, Men's and U.K. results and closedown costs. http://www.ibtimes.com/articles/20080807/the-talbots-affirms-2008-earnings-outlook.htm Thu, 07 Aug 2008 08:13:04 EDT The Talbots Inc. said Thursday that same-store sales fell 12 percent in the second quarter, hurt by a weak customer response to end-of-season clearance events. http://www.ibtimes.com/articles/20080807/talbots-2nd-qtr-same-store-sales-fall-12-percent.htm Thu, 07 Aug 2008 07:52:56 EDT Clothing retailer The Talbots Inc. on Thursday revealed revisions to its board of directors which it said would enhance oversight of its operations. Talbots named Tsutomu Kaijita as non-executive chairman of the board. Kaijita serves as senior vice president of international operations for Aeon Company Ltd. http://www.ibtimes.com/articles/20080731/the-talbots-revises-board-of-directors.htm Thu, 31 Jul 2008 14:39:12 EDT Shares of Talbot's Inc. rose on Wednesday, after an analyst said the company's holiday offerings show improvement and should drive better sales and margins. http://www.ibtimes.com/articles/20080723/talbots-up-as-analyst-predicts-market-share-gains.htm Wed, 23 Jul 2008 20:38:18 EDT Women's clothing retailer Talbots said Friday it finalized the terms of a $50 million credit facility with majority shareholder Aeon Inc., a U.S. subsidiary of Japanese conglomerate Aeon Co. http://www.ibtimes.com/articles/20080718/talbots-finalizes-terms-of-50m-credit-facility.htm Fri, 18 Jul 2008 12:47:55 EDT Shares of The Talbots Inc. rose on Thursday, after the apparel maker said it will promote three senior executives and Chief Executive Trudy Sullivan said its leadership team is now fully in place. http://www.ibtimes.com/articles/20080619/talbots-shares-rise-on-leadership-moves.htm Thu, 19 Jun 2008 14:44:28 EDT A director of specialty clothing retailer Talbots Inc. bought 5,000 shares of stock, according to a Securities and Exchange Commission filing. In a Form 4 filed Wednesday with the SEC, John W. Gleeson reported he bought the shares for $12.21 to $12.27 apiece on Tuesday. http://www.ibtimes.com/articles/20080619/talbots-director-gleeson-buys-shares.htm Thu, 19 Jun 2008 14:36:13 EDT Shares of Talbot's Inc. surged on Thursday, for a second day, after the apparel retailer said it came up with a sorely needed $50 million loan. Early Wednesday, the company said a shareholder would provide it with a $50 million unsecured subordinated term loan to support its turnaround plan. The company also reiterated its 2008 earnings guidance. http://www.ibtimes.com/articles/20080612/talbots-rally-continues-for-2nd-day.htm Thu, 12 Jun 2008 19:56:58 EDT Talbots Inc. said Wednesday it has secured an additional $50 million in credit, two months after a pair of banks decided to stop lending to the women's clothing retailer. http://www.ibtimes.com/articles/20080611/talbots-shareholder-agrees-to-provide-50m-credit.htm Wed, 11 Jun 2008 16:22:34 EDT Among the earnings projection stories for Wednesday, June 11, from AP Financial News: NEW YORK (AP)--Women's clothing retailer Talbots Inc. affirmed its 2008 earnings-per-share outlook on Wednesday, while announcing a proposed $50 million credit facility. http://www.ibtimes.com/articles/20080611/outlook-roundup-talbots-diodes.htm Wed, 11 Jun 2008 10:19:08 EDT