Replies to post #132293 on ORIONS Money Stocks

[3xBuBu]

nice breakdown

[AugustaFriends]

This is a GREAT POST tahnk you for the hard work!!! Let's make some cash!!

[AugustaFriends]

Reporting June 7th FCEL – Research / DD & Charts - Portfolio 2011 -- Presented By AugustaFriends
About FCEL –
FuelCell Energy Inc.
Danbury, CT 06813
Phone: [phone]
Website: http://www.fuelcellenergy.com



Business Summary
FuelCell Energy, Inc. engages in the development and manufacture of fuel cell power plants for electric power generation primarily in the United States, Canada, Germany, Japan, and South Korea. Its core carbonate fuel cell products include Direct FuelCell or DFC Power Plants for stationary power generation applications. The company also develops carbonate fuel cell and planar solid oxide fuel cell technology. Its proprietary carbonate DFC power plants electrochemically produce electricity directly from readily available hydrocarbon fuels, such as natural gas and biogas fuels. The company serves manufacturers; mission critical institutions, including correction facilities and government installations; and hotels and customers, such as breweries, food processors, and wastewater treatment facilities, who use renewable gas for fuel. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

Events & Presentations
http://fcel.client.shareholder.com/events.cfm

Benefits of Fuel Cell Technology
Distributed power generation with Direct FuelCells® (DFCs®) provides numerous benefits and is being adopted at a wide array of facilities. Benefits include:
• Efficiency: Facilities managers are drawn to DFC fuel cell power plants primarily due to their highly efficient use of natural gas and inherent Low Heating Value (LHV) efficiency. DFC's offer clear efficiency advantages in comparison to other forms of distributed power generation. DFC power plants are 47% efficient in the generation of electrical power and up to 80% efficient overall in Combined Heat and Power (CHP) applications when the byproduct heat is used. Typical fossil fuel-powered plants operate at about 35% electrical power generation efficiency.
• Environmental Impact: Amid the increasing energy demand and cost, and growing public awareness for energy conservation, fuel cell power plants are becoming the choice for on-site power. With low emissions of pollutants such as nitrogen oxides (NOx), sulfur oxides (SOx), and particulate matter as well as dramatically lower emissions of carbon dioxide (CO2), fuel cell power plants qualify under several environmental certifications established by the government, such as the Leadership in Energy and Environmental Design (LEED) program and Renewable Energy Standards (RES). DFC power plants also have been designated as "Ultra-Clean" by the California Air Resources Board (CARB), and exceed all 2007 CARB standards. FuelCell Energy's power plants eliminate emissions generated by fossil-fuel-based backup generators.
• Reliability: By locating the power plant on-site, and implementing real-time monitoring capability, end-users are assured of increased reliability, a necessary requirement for applications such as hospitals, hotels, universities and manufacturing facilities. Unlike wind and solar technologies, which generally have an overall availability of 35%, FuelCell Energy products operate independently of the grid, and have an availability of about 95%.
• Fuel Flexibility: A number of industrial, agricultural plants and wastewater treatment facilities generate renewable biogas as part of the manufacturing process. Fuel cell power plants can harness the methane in this byproduct, and use the gas to power the system in lieu of natural gas, making it a renewable energy source. In many places where digester gas production volume is variable, DFC plants are designed to operate with automatic blending with natural gas.

Fuel Cell – Company Brochure

http://www.fuelcellenergy.com/files/FCE_Technology_Brochure_080807P.pdf



The FuelCell Process A fuel cell is made up of an electrolyte member sandwiched between fuel and oxidant electrodes. Typically, a fossil fuel or biogas from which hydrogen is extracted is used for most common applications. The oxidant is typically plain air. The fuel is oxidized at the “anode electrode”, releasing electrons that move to the “cathode electrode” via the external circuit. These electrons meet the hydrogen and push charged ions across the electrolyte. The charged ions (positively or negatively charged) move across the ion conducting electrolyte member, completing the electrical circuit. This electrochemical process requires very few moving parts, typically limited to air blowers and fuel/water pumps. Because of high fuel conversion efficiency, the flexibility to generate Combined Heat and Power (CHP), low-impact characteristics, and negligible environmental emissions, fuel cells are a desirable source of power generation for a broad range of markets and applications. Fuel cells are fast replacing reciprocating engines and gas turbines as the most environmentally-friendly sources of on-site power.

Carbonate fuel cell power plants can utilize many fuel sources, including:
• Natural gas
• Industrial and municipal wastewater treatment gas
• Propane
• Coal gas

Recent Developments As of 4 June 2011


FuelCell Energy, Inc. Invites You to Its Second Quarter 2011 Results Conference Call on June 7, 2011 at 10 A.M. Eastern Time

Form 10-Q for FUELCELL ENERGY INC - 14-Mar-2011
Quarterly Report http://biz.yahoo.com/e/110314/fcel10-q.html
Total revenues for the three months ended January 31, 2011 increased $13.5 million, or 92 percent to $28.1 million from $14.6 million during the same period last year. Total cost of revenues for the three months ended January 31, 2011 increased $10.3 million, or 51 percent to $30.4 million from $20.1 million during the same period last year. A discussion of the changes product sales and revenues and research and development contracts follows. Product sales and revenues
Product sales and revenues increased $13.0 million, or 101 percent in the first quarter 2011 to $25.8 million compared to $12.8 million for the prior year period. Product sales and revenues for the first quarter of 2011 included $20.4 of power plants, fuel cell modules, and fuel cell power plant components, $2.5 million of revenue primarily from the design and delivery of capital equipment to POSCO Power for their fuel cell module assembly facility as well as construction and installation services, and $2.9 million of revenue from service and power purchase agreements.
Cost of product sales and revenues increased $10.0 million, or 56 percent in the first quarter 2011 to $28.1 million compared to $18.0 million in the same period the prior year. This increase is primarily due to the doubling of revenues in the first quarter fiscal 2011 as compared to the first quarter of fiscal 2010. Margins for product sales and revenues improved by $2.9 million over the prior year quarter. Margin improvement is the result of improved product margins combined with lower commissioning and warranty costs. The product cost-to-revenue ratio was 1.09-to-1.00 in the first quarter of 2011 compared to 1.41-to-1.00 in the first quarter of 2010.



FuelCell announces its biggest deal ever
FuelCell announces record sale to South Korean company, also will take $9 million 2Q charge
FuelCell Energy Inc. said Tuesday it received its biggest order ever, a two-year deal worth at least $129 million from a South Korean company.
The power-plant maker's shares jumped 44 cents, or 30.1 percent, to $1.90.
FuelCell also said it will take a second-quarter charge against earnings of $9 million to cover repairs and upgrades for some fuel cell modules built between 2007 and early 2009.
The company said the problem occurred with the type of sealant and the design of 16 modules totaling 19.2 megawatts. Of those, 14 are in South Korea and two in the U.S.
The big order was placed by South Korea's Posco Power for 70 megawatts of fuel cell kits. Terms include a down payment and periodic payments, with about 40 percent of the contract value received by October.
FuelCell Energy's Management Is Creating Value
http://www.fool.com/investing/high-growth/2011/04/18/fuelcell-energys-management-is-creating-value.aspx
Dan Dzombak
April 18, 2011
Warren Buffett's partner, Charlie Munger, once said, "I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it. And never a year passes but I get some surprise that pushes my limit a little farther."
When corporate boards use bad incentives for management's pay, disaster often ensues. (Think Lehman Brothers.) Incentives based on singular metrics such as revenue growth, EBITDA, ROE, or earning per share are easily manipulated and gamed. Fortunately, there is a better way: EVA momentum.
Creator Bennett Stewart of EVA Dimensions, who also co-created EVA (economic value added), calls EVA momentum "the only percent metric where more is always better than less. It always increases when managers do things that make economic sense."
So what does this mean for investors? A positive EVA momentum reading means a company has created more value by increasing its EVA while a negative EVA momentum reading means EVA has decreased, signaling less value creation. EVA momentum is one of the few, if not the only, performance measures with such a clear dividing line between good and bad performance.
The best companies, then, create value in excess of their cost of capital, as reflected by positive EVA momentum. The higher the EVA momentum, the faster management is creating value.
Let's look at FuelCell Energy (Nasdaq: FCEL ) and three of its peers to see how effectively they create value. Here are the trailing four quarters' worth of EVA momentum figures for each company over the past three years, and rankings by percentile versus the Russell 3000 for the past 12 months' EVA momentum.
http://www.fool.com/server/printarticle.aspx?file=/investing/high-growth/2011/04/18/fuelcell-energys-management-is-creating-value.aspx



-

Volume 30 Million shares above 1.88 in the last 9 trading days of 2010. All this volume Since it crossed MAJOR resistance of 50ma on weekly at 1.88
http://finance.yahoo.com/q/hp?s=FCEL+Historical+Prices
December 13, 2010

Quarterly Report
Seven orders totaling 12.7 MW received during the fourth quarter of 2010 Year-end product sales and service backlog totaled $154 million, up 70% from 2009

The Company submitted a proposal to the DOE of approximately $34 million to participate in the third phase of the solid oxide fuel cell development program and expects a decision by early 2011.

Friday, December 10, 2010 FuelCell Energy May Offer Huge Upside Reward http://seekingalpha.com/article/241262-fuelcell-energy-may-offer-huge-upside-reward?source=yahoo

Nov. 30, 2010 Today announced that it will jointly develop a small-scale Direct FuelCell(R) (DFC(R)) power plant with its South Korean partner, POSCO Power. The power plant will target the fast-growing commercial applications market segment, particularly in Asia. POSCO Power will fund the $5.8 million program in stages as performance milestones are reached, with an initial funding of $2.9 million for design and development of a smaller scale fuel cell stack.

Nov. 18, 2010 today announced a contract with the U.S. Department of Defense (DoD) administered by the U.S. Army Corps of Engineers' Engineer Research and Development Center, Construction Engineering Research Laboratory (ERDC-CERL), to relocate, install and service a DFC300 fuel cell power plant at U.S. Army Camp Parks Reserve Forces Training Area located in Dublin, California.

On Nov. 17, 2010 today announced that its 2.8 megawatt (MW) DFC3000 power plant operating on natural gas has been certified under the California Air Resources Board's (CARB) distributed generation emission standards that were established in 2007 (CARB 2007).

On November 11, 2010: today announced the sale of a 1.4 megawatt (MW) DFC1500 power plant to be installed at the San Jose/Santa Clara Water Pollution Control Plant in San Jose, California. UTS Bioenergy LLC will purchase the DFC1500 and sell the power generated to the San Jose/Santa Clara Water Pollution Control Plant under a 20-year power purchase agreement. FuelCell Energy will service the power plant under a long term service agreement and the unit is expected to be operational in early 2012.

On November 8, 2010: announced the sale of a 2.8 megawatt (MW) DFC3000 power plant to be installed at a wastewater treatment plant operated by Inland Empire Utilities Agency (IEUA), a municipal water district based in Chino, California. Renewable biogas created by the wastewater treatment process will be the primary fuel source for the generation of ultra-clean electricity. UTS Bioenergy LLC will purchase the DFC3000 and sell the power generated to IEUA under a 20 year power purchase agreement. FuelCell Energy will service the power plant under a long term service agreement and the unit is expected to be operational in early 2012. "Installation of this fuel cell operating on renewable biogas is an important component of our renewable energy generation strategy," said Terry Catlin, Board President, Inland Empire Utilities Agency. "The clean electrical generation process and the reliable 24/7 operating nature of the fuel cell will help us attain the objectives of our strategic energy plan and position us to meet ever more stringent clean air emission requirements."

On Novermber 4, 2010: FCEL announced the sale of 4.5 megawatts (MW) of power plants to BioFuels Fuel Cells, LLC, a California renewable energy company owned by New Energy Capital and BioFuels Energy, LLC. Three fuel cell power plants, including a 2.8 MW DFC3000, a 1.4 MW DFC1500 and a 300 kilowatt DFC300, will be installed at three different locations in the San Diego, California area and will utilize purified biogas from the Point Loma wastewater treatment plant as the primary fuel source for the generation of ultra-clean electricity. The City of San Diego will convert a waste problem into a revenue stream through this directed-biogas project.

The biogas generated at the Point Loma Wastewater Treatment Plant represents a revenue source for the City of San Diego and a renewable fuel source for generating clean electricity with fuel cell power plants. This project incorporates a unique solution that purifies the biogas on site, and then injects the biogas into an existing gas pipeline to supply fuel cells at two different locations in the San Diego area. Termed 'directed biogas,' this project will represent the first time that a FuelCell Energy power plant will be fueled by renewable biogas generated at a distant location.

October 19, 2010: FCEL announced an award of approximately $2.8 million from the U.S. Department of Energy to demonstrate the hydrogen production capacity of a Direct FuelCell (DFC(R)) power plant for an industrial user of hydrogen. For this first-of-a-kind industrial application, FuelCell Energy will demonstrate how a 300 kilowatt DFC300 fuel cell can produce hydrogen for use by the metal processing industry along with clean electricity and high quality heat. The fuel cell will be installed at a metal processing facility owned by ACuPowder International, LLC, located in Union, New Jersey.

On September 29, 2010: FCEL announced that the U.S. Department of Energy (DOE) awarded approximately $2.0 million to FuelCell Energy, Inc. (FCE) to further develop and demonstrate a highly efficient and reliable method for compressing hydrogen for storage under high pressure utilizing its solid-state Electrochemical Hydrogen Compressor (EHC) technology.
On September 27, 2010: FuelCell Energy, Inc. announced the sale of a 1.4 megawatt DFC1500 fuel cell power plant to the Rancho California Water District in southern California.

• On August 19, 2010: FuelCell Energy, Inc. announced the sale of two 300 kilowatt DFC300 fuel cell power plants to the Eastern Municipal Water District (EMWD) in southern California to be fueled by renewable biogas. FuelCell Energy will service the power plants under a five year service agreement.

• On August 17, 2010: FuelCell Energy, Inc. announced the sale of a 1.4 megawatt (MW) DFC1500 fuel cell power plant to G3 Power Systems, Inc. (G3).

• On August 9, 2010: FuelCell Energy, Inc. announced the sale of two 300 kilowatt DFC300 fuel cell power plants to be installed at the U.S. Naval Submarine Base New London, located in Groton, CT. The two DFC300 fuel cell power plants will be installed adjacent.

Other significant events

A. The company also signed deal with South Korean company POSCO under which they assemble power plants using fuel cell components supplied by FuelCell Energy. This will help in market expansion and growth opportunities.

Who is POSCO --- The Pohang Iron and Steel Company, or POSCO (KRX: 005490) (NYSE: PKX) (TYO: 5412) (LSE: PIDD), based in Pohang, South Korea, is the world's second largest steel maker by market value[1] and Asia’s most profitable steelmaker.[2]

Currently, POSCO operates two steel mills in the country, one in Pohang and the other in Gwangyang. In addition, POSCO operates a joint venture with U.S. Steel, USS-POSCO, which is located in Pittsburg, California.

B. The new Californian power plant is expected to be operational on natural gas during the quarter we are optimistic about the growth of the company among various opportunities.

C. $68 million of cash and investments -- From what I have DD so far - many new contracts and pending contracts will bring lots of revenue in the upcoming quarters. Plus company has $68 million of cash and investments at July 31, 2010

Reported Sep 1, 2010
http://finance.yahoo.com/news/FuelCell-Energy-Reports-Third-pz-535229940.html?x=0&.v=1

D. News pending
Advanced Hydrogen Programs: The contract to demonstrate a renewable hydrogen refueling station in California is progressing on schedule. The fuel cell power plant has been installed and is expected to be operational on natural gas by the fourth quarter of 2010 and operational on bio-gas by early 2011.
http://finance.yahoo.com/news/FuelCell-Energy-Reports-Third-pz-535229940.html?x=0&.v=1

The Company submitted a proposal to the DOE of approximately $34 million to participate in the third phase of the solid oxide fuel cell development program and expects a decision by early 2011.

E. Other Government Research: During the third quarter of 2010, the Company was selected for five different projects by the U.S. Department of Energy (DOE) with awards totaling in excess of $5 million. These projects are currently under negotiation with the DOE. (news pending)

F. Already in business with the US NAVY -- read the last part of the news. in RED - These are the first sold to LOGANEnergy; now look at how many they have more than 150 installations at 100 sites. - if LOGANEnergy converts all the plants in time to DFC300 fuel cell power .

Add the news about the $3 Million from the Government (not released yet; see glassy's post) ; the sales and products will increase. As stated by MotleyFool FCEL could make people rich with time.

http://fcel.client.shareholder.com/releases.cfm
http://finance.yahoo.com/news/FuelCell-Energy-Reports-Third-pz-535229940.html?x=0&.v=1

G. Posted by Glassy a MUST READ -- FCEL this news not announced yet. [b]Senate Appropriations bill gives FCEL $3M -NICE! $3 million to assist in the design and construction, and initial performance characterization of a 100 KW class fuel stack needed for the Navy’s standard military power generator applications

http://lieberman.senate.gov/index.cfm/news-events/news/2010/9/dodd-lieberman-announce-major-defense-investments-for-connecticut

[AugustaFriends]

TLB Charts

[AugustaFriends]

Reports 7th June TLB – Research / DD & Charts - Portfolio 2011 -- Presented By AugustaFriends
About TLB –
The Talbots Inc.
One Talbots Drive
Hingham, MA 02043
United States - Map
Phone: [phone]
Website: http://www.talbots.com



Business Summary
The Talbots, Inc., together with its subsidiaries, operates as a specialty retailer and direct marketer of women?s apparel, accessories, and shoes in the United States and Canada. It offers classic sportswear, casual wear, dresses, coats, sweaters, accessories, and shoes in misses, petites, woman, and woman petite sizes. The company also markets its products online through its Web site, talbots.com, as well as through catalogs. As of January 30, 2010, it operated 580 stores under the Talbots brand name. The company was founded in 1947 and is headquartered in Hingham, Massachusetts.

Events & Presentations
http://TLB.client.shareholder.com/events.cfm

Is Talbots the Perfect Stock?
http://www.fool.com/investing/small-cap/2011/05/26/is-talbots-the-perfect-stock.aspx
Dan Caplinger
May 26, 2011
Every investor would love to stumble upon the perfect stock. But will you ever really find a stock that provides everything you could possibly want?
One thing's for sure: You'll never discover truly great investments unless you actively look for them. Let's discuss the ideal qualities of a perfect stock, then decide if Talbots (NYSE: TLB ) fits the bill.
The quest for perfection
Stocks that look great based on one factor may prove horrible elsewhere, making due diligence a crucial part of your investing research. The best stocks excel in many different areas, including these important factors:
• Growth. Expanding businesses show healthy revenue growth. While past growth is no guarantee that revenue will keep rising, it's certainly a better sign than a stagnant top line.
• Margins. Higher sales mean nothing if a company can't produce profits from them. Strong margins ensure that company can turn revenue into profit.
• Balance sheet. At debt-laden companies, banks and bondholders compete with shareholders for management's attention. Companies with strong balance sheets don't have to worry about the distraction of debt.
• Money-making opportunities. Return on equity helps measure how well a company is finding opportunities to turn its resources into profitable business endeavors.
• Valuation. You can't afford to pay too much for even the best companies. By using normalized figures, you can see how a stock's simple earnings multiple fits into a longer-term context.
• Dividends. For tangible proof of profits, a check to shareholders every three months can't be beat. Companies with solid dividends and strong commitments to increasing payouts treat shareholders well.
With those factors in mind, let's take a closer look at Talbots.
Factor What We Want to See Actual Pass or Fail?
Growth 5-Year Annual Revenue Growth > 15% (7.7%) Fail
1-Year Revenue Growth > 12% (1.8%) Fail
Margins Gross Margin > 35% 37.7% Pass
Net Margin > 15% 0.9% Fail
Balance Sheet Debt to Equity < 50% 13.9% Pass
Current Ratio > 1.3 1.38 Pass
Opportunities Return on Equity > 15% NM NM
Valuation Normalized P/E < 20 12.13 Pass
Dividends Current Yield > 2% 0% Fail
5-Year Dividend Growth > 10% 0% Fail

Total Score 4 out of 9
Source: Capital IQ, a division of Standard and Poor's. NM = not meaningful; Talbots had negative average equity during the period. Total score = number of passes.
Talbots can only earn four points on our scale. The retailer has been trying to turn around for a long time, but so far, it's still mired in the doldrums.
Talbots was once a highly profitable retailer catering to older female shoppers. Unfortunately, that space is incredibly crowded now, with competitors that include Chico's (NYSE: CHS ) , Coldwater Creek (Nasdaq: CWTR ) , and ANN (NYSE: ANN ) . All of those retailers have seen tough times, but none of them has seen worse revenue contraction over the past five years than Talbots.
Meanwhile, Talbots has tried to revamp its "frumpy" image for years. But first, the financial crisis made things difficult for retailers of all types. And even after the stock market recovered, Baby Boomers are still struggling with a new economic reality that doesn't support high-end purchases that were once Talbots' bread and butter.
All those headwinds left Talbots with losses, crashing same-store sales, and the prospects of further store closures and downsizing ahead. Combined with concerns over rich executive compensation, the future for Talbots doesn't look good for investors.
Even at a relatively low normalized earnings multiple, Talbots isn't a perfect stock. Until the company can actually make progress with a reasonable turnaround strategy, you should be skeptical of its future prospects.
Keep searching
No stock is a sure thing, but some stocks are a lot closer to perfect than others. By looking for the perfect stock, you'll go a long way toward improving your investing prowess and learning how to separate out the best investments from the rest.



The Talbots Inc. (TLB): Apparel Stores Industry. Market cap of $384.51M. Short float at 29.17%. TTM levered free cash flow at 60.81M, which represents about 15.81% of the company's market cap. On a net basis, institutional investors bought 101.1K shares during the current quarter and 1.8M shares during the previous quarter. It's been a rough couple of days for the stock, losing 9.09% over the last week.

Talbots is a struggling retailer with what some believe is an overpaid CEO. The chain is in the middle of a makeover that will update its concept while shuttering dozens of stores. This isn't an excuse, though. Retailers should be holding up better.




Recent Developments As of 4 June 2011
The Talbots, Inc. to Broadcast First Quarter 2011 Earnings Results Conference Call on the Web
HINGHAM, Mass.--(BUSINESS WIRE)-- The Talbots, Inc. (NYSE:TLB - News) invites investors to listen to a broadcast of the Company’s conference call to discuss first quarter 2011 earnings results. The conference call will be broadcast live on Tuesday, June 7, 2011 at 10:00 a.m. Eastern Time at www.thetalbotsinc.com/ir/ir.asp. In order to participate in the conference call, please dial 866-336-2423 approximately 10 minutes prior to the scheduled time and give the passcode "TLB". The conference call, which will last approximately one hour, will be archived online shortly after its completion and will be available for a period of twelve months. Participating in the call will be Trudy Sullivan, President and Chief Executive Officer, and other members of the senior management team.
The Talbots, Inc. is a leading specialty retailer and direct marketer of women's apparel, shoes and accessories. At the end of the first quarter 2011, Talbots operated 568 Talbots stores in 46 states, the District of Columbia, and Canada. Talbots brand on-line shopping site is located at www.talbots.com






Other significant events

[stjeff]

MCZ reports June 14 - could be very interesting

http://finance.yahoo.com/news/Mad-Catz-to-Report-Fiscal-bw-1603359908.html?x=0&.v=1

[AugustaFriends]

COULD BE HEADED TO bk-- On watch for Bottom Play - TLB might want to watch for $2.00 area tomorrow.. I might buy some there....


TLB Charts

[AugustaFriends]

TLB 38 million shares traded did the company announce BK? Man was the report that bad?


Shares of Talbots (TLB) tumbled 40% to a two-year low on Tuesday after the retailer revealed weak first-quarter sales and warned that its revenue will fall for a fifth consecutive period as customer traffic continues to trend negative.

The Hingham, Mass.-based seller of women’s apparel, accessories and shoes said it expects second-quarter sales and gross margin to be “significantly below” last year, due to higher promotional spending and increased markdown activity.

As part of its massive overhaul, the company said it will close about 10 more stores than previously expected, bringing total planned store closures over the next three years to 110, with about 13 consolidations. About 83 of those stores are expected to shut in fiscal 2011, with 25 planned in fiscal 2012 and 2 planned for 2013.

In a statement, Talbots CEO Trudy Sullivan said the company has been “vigorously addressing” its challenges.

“As previously stated, fiscal 2011 will be a transition year and as we move forward in our turnaround efforts this year, our financial flexibility and liquidity are expected to fully enable us to support our anticipated working capital needs and the implementation of our strategic initiatives,” she said.

But the company's prolonged turnaround strategy has so far proved ineffective. On Tuesday, Talbots reported first-quarter net income of $739 million, or a penny a share, compared with a massive loss of $4.4 billion, or 8 cents a share, in the same quarter last year.

Revenue for the three months ended April 30 was $301.3 million, down about 6% from $320.6 million a year ago, hurt by a 7.7% drop in same-store sales, and missing the Street’s view of $305.4 million.

Talbots attributed the bleak performance to an inconsistent customer response to its merchandise assortments, a challenging competitive environment and high levels of promotional activity.



Read more: http://www.foxbusiness.com/industries/2011/06/07/tablots-slumps-to-24-month-low-on-bleak-forecast/#ixzz1OeF0wIjX