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The Talbots Inc Q1 Earnings Call Transcript

123jump.com Staff
22 Jun, 2009
New York City

The apparel retailer first quarter sales declined 25% to $306.2 million on same-store sales decline of 26.9%. Net loss was $23.6 million or 44 cents per share against net income of $1.6 million or earnings of 3 cents per share in the prior year quarter.

Nissan, NEC in Electric Car Project; Stocks Fall

123jump.com Staff
22 Jun, 2009
New York City

Business sentiment among large manufacturers improves in June quarter as talks of economic recovery raise expectations. Japan agrees to advance emergency loan of $1 billion to Japan Airlines, lower than $2 billion sought by the airline. Nissan and NEC are partnering to make electric cars in the U.S.

NAB Agrees A$825 M Deal for Aviva Australia

Darlington Musarurwa
22 Jun, 2009
New York City

In Sydney, Australia trading iron ore and copper miners gained after the Xstrata offered a

Oil Drops 4%; Valero, Conoco, Exxon Fall

Mayank Mehta
22 Jun, 2009
New York City

U.S. benchmark indexes dropped between 2% and 3% after the World Bank report revised its estimate of the world economic contraction to 2.7% from 1.9%. The crude oil and copper prices trade lower. Walgreen third quarter profit declines 8.7% on sales rise of 8%. Visa Inc surges.

The Men

123jump.com Staff
21 Jun, 2009
New York City

The men''s apparel retailer net quarterly sales declined 5.5% to $464.1 million on comparable store sales fall of 7%. Net quarterly earnings plunged 46.4% to $5.3 million. Earnings per share dipped to 10 cents from 19 cents a year-ago quarter.

Tech Stocks Lead U.S. Markets; Oil Drops

123jump.com Staff
19 Jun, 2009
New York City

Tech stocks closed higher after Apple, Palm and Research in Motion were the focus of investors. Crude oil price fell after analysts stressed the investor driven demand has been behind the recent surge in prices. Mexico and Colombia lowered interest rates.

TUI, Club Med Rise; Porsche Falls

123jump.com Staff
19 Jun, 2009
New York City

European markets edged higher after European leaders talks of early signs of sustained recovery. Porsche nine months sales declined 15% and issued cautionary outlook. HeidelbergCement renegotiated its debt that will pay 425 basis points above interbank rate.

Australian Dollar, Bond Yields Rise

123jump.com Staff
19 Jun, 2009
New York City

Australian dollar gained against the U.S. dollar and Japanese yen as short term yields rise above 3%, the highest since March. The Australian government priced A$770 million bonds at a higher yields that drew mostly domestic investors.

Apple, Carnival Rise; RiM Drops

Mayank Mehta
19 Jun, 2009
New York City

CarMax reported first quarter sales declined 17% and earnings fell 2.7%. Carnival Corp advanced after the cruise operator indicated higher prices for tours. E*Trade raised more than expected in a public offering priced at 23% discount. Research in Motion quarterly sales jump 53%.

E*Trade Offering Priced at 23% Discount

Mayank Mehta
19 Jun, 2009
New York City

E*Trade public offering managed to raise more than earlier expected after it prices its offering at 23% discount to yesterday price. The stock in the early trading drops another 15%.

Commodities, Financials Lead Tokyo Gains

123jump.com Staff
19 Jun, 2009
New York City

Real estate and commodities stocks closed higher in Tokyo trading. Banks rebounded on higher earnings expectations in the second quarter. Foreign investors lower their holdings in Japanese equities.

Infrastructure Stocks Shine in India

123jump.com Staff
19 Jun, 2009
New York City

Stocks in Mumbai closed up as expectations run high on infrastructure spending ahead of the government budget. Suzlon calls bond holders meeting. The market regulator Sebi simplifies guidelines and permits anchor investor concept in rights offerings.

Miners Rally in London; Tayolr Wimpey Surges

123jump.com Staff
19 Jun, 2009
New York City

UK stocks closed higher after miners rallied for the second day this week. On a triple witching day, the stocks edged higher on a quiet day. Carnival, Candover, Mitchells & Butlers led gainers in London trading. Xstrata, Antofagasta, Vedanta and other miners closed up more than 2.5%.

Deutsche Telekom, Club Med Up

Mukesh Buch
18 Jun, 2009
New York City

European benchmark indexes closed higher. Deutsche Telekom increased after it acquired 5% stake in Hellenic Telecom. Club Med surged after strategic investor added 1% stake. Fashion house PPR SA declined 4% on cautious comments from a broker.

UK Stocks Flat; Marston's Plunges

Trupti Mehta
18 Jun, 2009
New York City

UK stocks ended flat in a choppy trading after the release of weaker than expected retail sales in May. Marston

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