Talbot

HAL Inc., the parent of money-losing Hawaiian Airlines, said Thursday that John A. Ueberroth was elected chairman and chief executive, replacing Newport Beach investor J. Thomas Talbot, who resigned. Ueberroth, 46, is the younger brother of former Baseball Commissioner Peter Ueberroth, who with Talbot engineered the 1989 leveraged buyout of Hawaiian. Peter Ueberroth and Talbot remain large shareholders.

The Entertainer Movies, Magic and My Father's Twentieth Century Margaret Talbot Riverhead: 432 pp., $28.95 In "The Entertainer: Movies, Magic and My Father's Twentieth Century," New Yorker staff writer Margaret Talbot succeeds at what Hollywood failed to do for her father: She makes him a star. Humphrey Bogart, Jack Warner and William Randolph Hearst are all bit players in this breezy history, which looks at American entertainment on the stage and screen specifically through the lens of the late, little-remembered - but apparently quite charming - Lyle Talbot.

An insider trading case dismissed two years ago in favor of Orange County businessman J. Thomas Talbot, a former director of Fidelity National Financial Inc., was reinstated Monday by a federal appeals court. The Securities and Exchange Commission can seek to hold Talbot liable for trading on inside information when he purchased shares of LendingTree Inc. in 2003 before the Internet consumer loan service was acquired by USA Interactive Inc., the U.S. 9th Circuit Court of Appeals ruled.

Sycamore Partners is buying Talbots Inc. for $369-million, plus debt -- a steal considering that the struggling women's retailer had snubbed earlier, higher bids. The private equity firm will take over Talbots for $2.75 a share in a board-approved deal expected to close in the third quarter. Last week, Sycamore walked away from talks with the retailer after offering $3.05 a share. In early May, Talbots had sniffed that a $3-a-share proposal was “inadequate.” Why the change of heart?

Regarding Jan Buchwald Millard's letter last Sunday: I don't know where in Britain her husband is from, but as a native Brit who has lived in Ireland, England and Scotland, I can assure you that "well chuffed" has always meant to be very pleased with yourself. We have several colourful sayings for being really angry, but "well chuffed" isn't one of them! MADELEINE A. TALBOT Venice

Tosco, a shrunken oil refiner based in Santa Monica, told shareholders Friday that net profits will reach "at least" $30 million in the current quarter and that swollen profit margins made May the best month in its history. Tosco, once among the nation's largest independent refiners but now deeply in debt and dependent mostly on a sole refinery in Avon, Calif., also said it is holding preliminary talks with "a bunch" of potential buyers of the company. Leaving Company Aug.

An autopsy report released Thursday concluded that a Pacific Palisades man died of strangulation during a struggle with a Santa Monica psychiatrist whom the 74-year-old man attacked with acid, ropes and a gun in the doctor's office. "It's being treated as a homicide," Bob Dambacher, a spokesman for the Los Angeles County coroner's office said of the death Tuesday of Arthur Waters. Initially, police were uncertain whether Waters died at the hands of psychiatrist George M.

Talbot Wilson, who went into the outfield of the new Houston Astrodome to shag fly balls after players complained that the light was so poor they couldn't see the baseball, died Saturday of unannounced causes. Wilson, 74, was a chief designer of the Astrodome. When the indoor arena opened in 1965 and baseball players complained that the skylights diffused the sunlight so much they couldn't see fly balls, Wilson checked out the complaints himself before ordering alterations.

Talbot Jennings, a screenwriter who wrote or collaborated on such films as the 1935 "Mutiny on the Bounty," "The Good Earth," Northwest Passage" and "The Sons of Katie Elder," has died of cancer. Daily Variety, the entertainment trade paper, reported this week that he died May 30 of cancer in East Glacier Park, Mont. where he had retired 20 years ago. Jennings, 90, was nominated for two Academy Awards--for "Anna and the King of Siam" in 1946 and "Bounty."

Clothing retailer The Talbots Inc. says it has received a $210.9 million takeover offer from private equity firm Sycamore Partners. Sycamore, Talbot's largest shareholder, is offering $3.05 per share for the company. That's a 9 percent premium from the stock's closing price on Friday. Talbots, based in Hingham, Mass., announced the offer on Monday. Talbots had 69.2 million shares outstanding as of Jan. 28, according to a filing with the Securities and Exchange Commission.

For all its flirting, private equity firm Sycamore Partners didn't want to commit in the end to Talbots Inc., breaking off talks to buy the struggling women's retailer for $215 million. Talbots' stock sank 36%, sinking 92 cents to $1.64, in late morning trading in New York on Friday, even as the company reported improved profit. The retailer's negotiations with Sycamore had been extended twice since May 5. Ultimately, Sycamore told Talbots that it wasn't ready for a deal. The retailer said in a statement Friday that it “remains open to pursuing a transaction” with the private equity firm.

Struggling women's clothing retailer TheTalbots Inc.is considering an improved takeover offer worth nearly $211 million from New York private equity firm Sycamore Partners. Sycamore is now proposing a $3.05-per-share deal for the Hingham, Mass., company, up from the $3-per-share bid that Talbots rejected in December as “inadequate.” The new proposal is 9.7% above the retailer's $2.78 close on Friday. Since spiking to $10.40 a share in December, when it announced an effort to ditch stores and boost profit, Talbots' stock has remained relatively stable.

Clothing retailer The Talbots Inc. says it has received a $210.9 million takeover offer from private equity firm Sycamore Partners. Sycamore, Talbot's largest shareholder, is offering $3.05 per share for the company. That's a 9 percent premium from the stock's closing price on Friday. Talbots, based in Hingham, Mass., announced the offer on Monday. Talbots had 69.2 million shares outstanding as of Jan. 28, according to a filing with the Securities and Exchange Commission.

Two years ago, Arnold Zetcher retired as chief executive of Talbots after guiding the preppy retailer from a $360-million company into $1.8 billion in revenue over 20 years. Now he's having even more fun devoting his full-time attention to owning horses. Wearing a suit and black polished shoes, he eagerly stepped onto the track at Santa Anita on Sunday and got a little dirty, but smiled with pride and joy while escorting his 4-year-old filly, Gabby's Golden Gal, into the winner's circle after she won the Grade I, $250,000 Santa Monica Handicap by 1 1/4 lengths over Proviso.

Nancy Talbot, who co-founded a women's clothing store with her husband in 1947 that catered to a "country club" set and oversaw its growth into a catalog powerhouse and retail chain, has died. She was 89. Talbot died Sunday from complications of Alzheimer's disease at her home in Boulder, Colo., said a daughter, Polly Talbot Donald. When Nancy and her husband, Rudolf Talbot, inherited his father's cramped clothing store in the Boston suburb of Hingham, Mass., they renamed it "The Talbots."

The guy whose teammates joked about his bad hands scored twice, the goalie who was yanked in his previous game at Joe Louis Arena saved his team's season and the Pittsburgh Penguins dethroned the Detroit Red Wings as Stanley Cup champions in a Game 7 performance that will go down as one for the ages, if not the aged.

Talbots Inc., a women's clothing retailer that lost half its market value last year, will stop selling children's and men's apparel and eliminate 5% of the workforce after two quarters of losses. Sales at the namesake Talbots and J. Jill chains, which target women 35 and older, are below the company's expectations so far in the fourth quarter, the company said. Shares of the retailer, based in Hingham, Mass., fell 11.4% to its lowest in more than nine years.

For all its flirting, private equity firm Sycamore Partners didn't want to commit in the end to Talbots Inc., breaking off talks to buy the struggling women's retailer for $215 million. Talbots' stock sank 36%, sinking 92 cents to $1.64, in late morning trading in New York on Friday, even as the company reported improved profit. The retailer's negotiations with Sycamore had been extended twice since May 5. Ultimately, Sycamore told Talbots that it wasn't ready for a deal. The retailer said in a statement Friday that it “remains open to pursuing a transaction” with the private equity firm.

Talbots Inc. agreed to sell almost all the assets of its J. Jill brand to an affiliate of private equity firm Golden Gate Capital for about $75 million. J. Jill will still operate from Quincy, Mass., under President Paula Bennett, Talbots said. The buyer will retain a distribution center in New Hampshire and keep open 204 of the existing 279 J. Jill stores. Talbots said it would probably close the remaining shops within 60 days.