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Rough Diamond: Analysts React To Tiffany's Mixed Q3 Print
Thursday, November 29, 2018 - 11:13am | 558Tiffany & Co. (NYSE: TIF) shares fell roughly 12 percent Wednesday to their lowest level in roughly eight months. This dip follows the luxury retailer's report of in-line third-quarter EPS and a sales miss. The Analysts KeyBanc Capital Markets analyst Edward Yruma reiterated...
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Tiffany Shares Sparkle After Beat-and-Raise Quarter, $1B Buyback Announced
Wednesday, May 23, 2018 - 10:26am | 413Retail earnings are in full swing and the reports from the sector have been fairly upbeat. Luxury retailer Tiffany & Co. (NYSE: TIF) became the latest retailer to report above-consensus results for its fiscal first quarter. Tiffany announced a $1-billion stock buyback program. The positive...
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Signet Jewelers' Blemishes Lead To RBC Downgrade
Friday, January 12, 2018 - 2:57pm | 369Investors with confidence in Signet Jewelers Ltd. (NYSE: SIG)'s long-term story showed patience and risk tolerance — but now one Wall Street analyst is no longer comfortable with a bullish stance. The Analyst RBC Capital Markets' Brian Tunick downgraded Signet Jewelers'...
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Citi Touts Tiffany's Tailwinds, Upgrades To Buy
Thursday, December 14, 2017 - 12:39pm | 332Tiffany & Co. (NYSE: TIF) reported in November its third quarter earnings, which consisted of a top and bottom-line beat that played a part in a notable upgrade. The Analyst Citi's Paul Lejuez upgraded Tiffany's stock from Neutral to Buy with a price target boosted from $92 to $...
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In A 'Blue Sky' Scenario, Signet Jewelers Could Regain Shine And Double In Value
Wednesday, June 7, 2017 - 10:56am | 358Shares of Signet Jewelers Ltd. (NYSE: SIG) have fallen about 40 percent since the start of 2017, but analysts at Bank of America are confident a rebound can be seen. Bank of America's Lorraine Hutchinson maintains a Buy rating on Signet's stock with an unchanged $75 price target despite the...
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Citi 'Cautious' On Signet Following Timing Of $625 Million Fundraising
Friday, August 26, 2016 - 8:24am | 373Citi’s Paul Lejuez expressed concern regarding the sales/merch margin equation turning negative for Signet Jewelers Ltd. (NYSE: SIG) during Q2, as well as the weakness at Zale Corporation over the last two quarters. Lejuez downgraded the rating on the company from Buy to Neutral while...
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Tiffany Teams Up With Coty To Create A New Line Of Fragrances
Wednesday, January 27, 2016 - 11:53am | 234Tiffany & Co. (NYSE: TIF), the famed jewelry retailer, announced on Wednesday it will team up with Coty Inc (NYSE: COTY), a beauty product and fragrances maker, to develop, produce and distribute a new line of fragrances for both women and men. The new line of fragrances will be sold at...
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Tiffany's Vs. Louis Vuitton: Which Would You Rather?
Tuesday, February 18, 2014 - 5:12pm | 551It seems 2014 is shaping up to be the year of income equality. The president is talking about it, Congress is talking about it and the news media is talking about it. Though there seems to be no certain proposal which will cause an equalization of the gap between the richest Americans and the...
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Holiday Retail Sales Rose 3.5 Percent On Children's Apparel & Jewelry
Friday, December 27, 2013 - 12:05pm | 729Overall U.S. retail sales were up 3.5 percent during the 2013 holiday shopping season, according to MasterCard Advisors SpendingPulse. Big sellers this year were children’s clothing and jewelry. Figures released Friday indicated that sales of clothing, electronics, and luxury goods rose 2.3...
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Bloomberg Reports that Zale Corp.(nyse: zlc) is Restructuring
Thursday, December 24, 2009 - 5:25pm | 201Dec. 24, Bloomberg reports that Zale Corp. (NYSE: ZLC) the Texas-based jewelry chain that posted seven straight quarters of losses, is working with Rothchild to evaluate restructuring. Dec. 24, Bloomberg reports that Zale Corp. (NYSE: ZLC) the Texas-based jewelry chain that posted seven straight...