Talbots (TLB) is making drastic cuts aboard the ship -- for everyone, that is, but the captain.Shares of the women's apparel retailer plunged 13% to $6.13 in late-day trading Monday, following an announcement on Friday that the company will dole out $1.2 million to its CEO and President Trudy Sullivan.
Talbots Pays Execs; Market Makes it Pay
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.