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Tiffany Sparkles, as Sales Rise - Analyst Blog
Wednesday, January 12, 2011 - 3:01pm | 1092With the economy gradually reviving, Tiffany & Company (TIF), a high-end jewelry designer, manufacturer and retailer, witnessed better-than-expected holiday sales results, as customers flocked to jewelry shops signaling improved demand for luxury items, thereby prompting management to lift...
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Holiday Sales Drive Zale Shares Up 35.7% (ZLC)
Wednesday, January 12, 2011 - 2:05pm | 151Shares of Zale Corporation (NYSE: ZLC) are trading up 35.7% at $5.47 per share during the Wednesday afternoon trading session. The company announced on Tuesday after the market closed that comparable store sales increased 8.5% for the combined months of November and December 2010, encompassing the...
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Tiffany Sparkles, as Sales Rise - Analyst Blog
Wednesday, January 12, 2011 - 1:30pm | 1092With the economy gradually reviving, Tiffany & Company (TIF), a high-end jewelry designer, manufacturer and retailer, witnessed better-than-expected holiday sales results, as customers flocked to jewelry shops signaling improved demand for luxury items, thereby prompting management to lift...
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Options Brief: Zale Corporation (ZLC)
Wednesday, January 12, 2011 - 12:18pm | 89Shares of Zale Corporation (NYSE: ZLC) are higher on the session by 33.00%, trading at $5.36. Overall call volume is now running at 3.53x the daily average, with 54% of all calls traded being purchases on the offer. 2,511 contracts have traded on the session so far. Zale Corporation, through its...
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Tiffany's President James E. Quinn to Retire in 2012
Wednesday, January 12, 2011 - 11:23am | 41Tiffany & Co. (NYSE: TIF) announced today that James E. Quinn will retire in early 2012. Mr. Quinn, 58, joined Tiffany in 1986 and has served as president since 2003, responsible for the Company's sales outside the Americas.
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Morning Market Movers (SDIX, ZLC, GFN, ITT)
Wednesday, January 12, 2011 - 11:20am | 158Strategic Diagnostics Inc (NASDAQ: SDIX) jumped 46.77% to $2.73 at 10:15 am. SDIX's RapidChek SELECT Salmonella Enteritidis (SE) test system has been considered by US Food and Drug Administration (FDA) as equivalent to its standard test. Zale Corporation (NYSE: ZLC) shares surged 34.24% to $5.41....
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Soleil Upgrades ZLC To Hold
Wednesday, January 12, 2011 - 8:47am | 49Analysts at Soleil upgrade Zale Corporation (NYSE: ZLC) from “sell” to “hold.” The target price for ZLC has been raised from $2.50 to $4. ZLC shares fell 3.12% to close at $4.03 yesterday. More Analyst Ratings here
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Golfsmith Preliminary Fiscal 2010 Comp. Store Sales Up 0.3% YoY
Wednesday, January 12, 2011 - 8:45am | 253Golfsmith International Holdings, Inc., (NASDAQ: GOLF) today announced preliminary financial results for the fourth quarter and fiscal year 2010 ended January 1, 2011. For the Fourth Quarter 2010: Net revenues increased 14.2% to $72.9 million as compared to $63.9 million in the fourth quarter of...
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Stocks To Watch For January 12 (CLC, ZLC, DRWI, LULU, CLF)
Wednesday, January 12, 2011 - 7:31am | 223Some of the stocks that may grab investor focus today are: Wall Street expects CLARCOR Inc (NYSE: CLC) to report its Q4 EPS at $0.56 on revenue of $269.04 million. CLC shares gained 0.99% to close at $43.81 yesterday. Zale Corp (NYSE: ZLC) reported 8.5% surge in its comparable-store sales during...
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Big 5 Sporting Goods Corporation Announces Q4 SSS Down 0.7%
Tuesday, January 11, 2011 - 5:07pm | 508Big 5 Sporting Goods Corporation (Nasdaq: BGFV) today reported sales results for the fiscal 2010 fourth quarter and full year ended January 2, 2011. For the 13-week fiscal 2010 fourth quarter, net sales were $226.7 million, compared to net sales of $237.6 million for the 14-week fourth quarter of...
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Zale Corporation Announces Comp. Store Sales Up 8.5%
Tuesday, January 11, 2011 - 5:03pm | 91Zale Corporation (NYSE: ZLC) today announced that comparable store sales increased 8.5% for the combined months of November and December 2010, encompassing the entire holiday selling period. Within this two-month period, November same store sales increased 11.5% and December same store sales...
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Market Roundup (AMAG, ALTH, TIF, SVU, AMR, TAM, GOL, LFL)
Tuesday, January 11, 2011 - 1:17pm | 351Shares of AMAG Pharmaceuticals Inc (NASDAQ: AMAG) gained about 6%, as the drug sector's two key indexes were trading mixed. AMAG shares gained after analysts at Madison Williams upgraded the stock from “accumulate” to “buy.” However, shares of Allos Therapeutics Inc (NASDAQ: ALTH) dropped about 2%...
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Top Performing Industries For January 11 (BBW, CDE, HTWR, ULTI)
Tuesday, January 11, 2011 - 11:25am | 204At 10:20 am, the Dow gained 0.37% to 11,680.55, the broader Standard & Poor's 500 index moved up 0.27% to 1,273.17 and the NASDAQ composite index rose 0.19% to 2,713.04. The industries that are driving the market today are: Toy & Hobby Stores: This industry jumped 2.93% by 10:20 am. The top...
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Nelson Peltz Is Having A Great Breakfast This Morning (TIF)
Tuesday, January 11, 2011 - 10:55am | 138I think I just saw Nelson Peltz order a big expensive breakfast this morning, and he's eating it at Tiffany's (NYSE: TIF). Peltz is the largest shareholder of Tiffany's, via his stake in Trian Partners. Trian owns 5.24% of the company, as of the last reporting date, September 30. Tiffan'ys said...
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Goldman Adjusts Price Targets On AAP, CVS, GPC, ORLY, SPLS, & TSCO
Tuesday, January 11, 2011 - 10:03am | 151Goldman Sachs has adjust price targets for the following companies: * Advance Auto Parts (NYSE: AAP) goes to $72 from $74. * CVS Caremark (NYSE: CVS) goes to $42 from $41. * Genuine Parts Company (NYSE: GPC) goes to $55 from $54. * O'Reilly Automotive (NASDAQ: ORLY) goes to $63 from $64. * Staples...