Talbots Inc.'s shares slumped Friday as the women's retailer was left looking for a new suitor after Sycamore Partners opted not to pursue a takeover.
NEW YORK (MarketWatch) — Talbots Inc. shares plunged 34% Friday after the struggling women’s clothing retailer said its exclusivity agreement with potential buyer Sycamore Partners expired without a deal even after the deadline was extended ...
NEW YORK (MarketWatch) — Things just got a lot worse for Talbots Inc. and its shareholders. After months of fighting off a buyout offer from Sycamore Partners, the women’s clothing retailer succumbed earlier this month, reaching a tentative ...
Sony Corp. and Samsung Electronics Co. are trying to force retailers to rein in discounts on televisions, a tactic aimed at preserving profit margins that may also help protect chains such as Best Buy Co. and Target Corp. from cutthroat ...
SAN FRANCISCO (MarketWatch) — Canadian equities wavered between small gains and losses Friday, poised to finish the week higher, with gold miners and technology stocks providing support, but financials weighing on the market.
NEW DELHI—India's state-run fuel retailers said they will increase gasoline prices by as much as 11.5% from Thursday, the steepest rise ever and the first increase in six months, in a desperate move to arrest losses due to higher global ...
NEW YORK (MarketWatch) — As the economic recovery crawls along, retailers selling both diamond rings and giant tubs of mayonnaise are still hung over from the recession.
Syngenta AG said Friday it has agreed to pay $105 million to settle a class-action lawsuit by several Midwestern water companies related to its weedkiller atrazine.
U.S. mall owners have contemplated for years what they might do if aged and troubled retailer Sears Holdings Corp. closes many of its stores, leaving malls with gaping vacancies and few easy alternatives for filling them.
Macy's Inc.'s is making its first investment abroad on behalf of its namesake stores by acquiring a stake in a Chinese online retailer that will sell Macy's merchandise on its website.
NEW YORK (MarketWatch) — Europe’s debt crisis, China’s slowing economy and wary U.S. shoppers prompted Tiffany & Co. and Signet Jewelers to trim their earnings outlooks Thursday, adding their voices to a rising chorus of retailers ...
By Corrie Driebusch and Nathalie Tadena Among the companies with shares expected to actively trade in Friday's session are Frontline Ltd. (FRO), VeriFone Systems Inc. (PAY) and Talbots Inc. (TLB).
NEW YORK (MarketWatch) — Drug makers helped European stock markets close in positive territory on Friday, after a session where uncertainty about growth in Europe and China made for choppy price action.