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Monday, December 17, 2012

Takeover Digest - Wall Street Journal - Dec 17, (NASDAQ: PLCE)

The following are the top stories in the Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy. * U.S. President Barack Obama said the nation was failing to protect its children and that he would commit to an effort to prevent shootings like the one at an elementary school at Newtown, Connecticut. ()* A fresh proposal from House Speaker John Boehner to raise tax rates on millionaires marked a breakthrough in stalled budget negotiations with President Barack Obama, suggesting a potential framework for avoiding year-end spending cuts and tax increases known as the fiscal cliff. ()

The Children's Place Retail Stores, Inc. operates as a specialty retailer of apparel and accessories for children. Shares of PLCE fell by 0.64% or $-0.29/share to $45.28. In the past year, the shares have traded as low as $43.12 and as high as $62.24. On average, 400047 shares of PLCE exchange hands on a given day and today's volume is recorded at 236665.