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Good News: Talbots Soars on Rumored Deal

Stock quotes in this article: TLB , CHS , ANN , CWTR , NWY  

What are they giving away over at Talbots(TLB Quote)? Apparently the J.Jill chain.

Lazard Capital Markets analyst Todd Slater upgraded the woman's apparel retailer to buy from hold on Wednesday, on the belief that the sale of its flailing J.Jill chain may come sooner than expected.

The news sent shares in the company soaring 19% to $4.98 in morning trading. ...

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