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Stocks To Buy Ahead Of Black Friday (JWN, TIF, COH, NKE, M)
Wednesday, November 24, 2010 - 2:53pm | 173Retail names have been red hot over the last couple of months and there may be more gains left in this rally. A number of popular names are hitting new 52-week highs on Wednesday ahead of Black Friday. Still others, such as Nordstrom (NYSE: JWN) and Macy's (NYSE: M) are trading just below new...
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Market Update (DIA, SPY, QQQQ)
Wednesday, November 24, 2010 - 2:25pm | 69The broader markets are sharply higher today, the day before Thanksgiving on good earnings from Deere (NYSE: DE), Tiffany (NYSE: TIF) and the prospect of strong Black Friday sales. At last check, the Dow Jones was up 145 points to 11,181. The S&P 500 was up 17 points to 1,197 and the NASDAQ...
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Market Roundup (TIF, GENZ, TCK, RY, TD, SNDK, AMD, MU)
Wednesday, November 24, 2010 - 1:53pm | 288Shares of Tiffany (NYSE: TIF) gained about 4.8% after the company reported upbeat quarterly results. The company's net income came in at $0.43 per share, up from $0.35 per share, in the year-earlier period. Excluding one-time items, Tiffany posted its earnings at $0.46 per share. The company's...
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Afternoon Market Update
Wednesday, November 24, 2010 - 1:01pm | 181Oil and gas stocks moved higher along with broad equities market. The NYSE Arca Oil Index (XOI) rose about 1.04%, with Chevron Corp (CVX) as the top gainer in the list. The NYSE Arca Natural Gas Index (XNG) gained about 1.2%, while the Philadelphia Oil Service Sector Index (OSX) surged about 2.1%....
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Unconfirmed Rumor: Cabela's to Be Taken Private, Approached by Private Equity
Wednesday, November 24, 2010 - 12:23pm | 27There is unconfirmed rumor that Cabela's (NYSE: CAB) will be taken private. Company was approached by a private equity.
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Tiffany Shines, Lifts Outlook - Analyst Blog
Wednesday, November 24, 2010 - 11:30am | 755Tiffany & Company (TIF) has posted stronger-than-expected third-quarter 2010 results buoyed by improved demand for luxury items worldwide. The quarterly earnings of 46 cents a share surpassed the Zacks Consensus Estimate of 36 cents, and rose 39% from 33 cents earned in the prior-year quarter...
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Jobs Report Encourages Early Buying
Wednesday, November 24, 2010 - 10:53am | 362Stocks jumped at Wednesday's opening bell as the bulls celebrated the lowest level for initial jobless claims since July 2008 by quickly recovering a chunk of Tuesday's tumble. Today's Markets As of 9:33 a.m. ET, the Dow Jones Industrial Average rose 94.60 points, or 0.85%, to 11030.18, the...
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Company News for November 24, 2010 - Corporate Summary
Wednesday, November 24, 2010 - 10:30am | 777• Eli Lilly (NYSE: LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE: TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million that...
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Societe Generale Upgrades SIG To Buy
Wednesday, November 24, 2010 - 9:25am | 41Analysts at Societe Generale upgrade Signet Jewelers Ltd (NYSE: SIG) from "hold" to "buy." SIG's shares gained 5.71% to close at $39.63 yesterday. More Analyst Ratings here
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Breakfast, Lunch, and Dinner at Tiffany's (TIF)
Wednesday, November 24, 2010 - 9:20am | 144Tiffany & Co. (NYSE: TIF) is up more than 2% this morning after the company reported better than expected earnings, and the luxury consumer is back in full force. Tiffany reported net income rose to 43 cents per share, up from 34 cents per share a year earlier. Excluding items, earnings were 46...
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Citi Raises Price Target on Signet Jewerlers (SIG.L)
Wednesday, November 24, 2010 - 8:44am | 22Citi raises its price target on Signet Jewelers (NYSE: SIG) from 23 pounds to 29 pounds.
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Tiffany Sees Annual EPS of $2.72 - $2.77
Wednesday, November 24, 2010 - 8:35am | 89Michael J. Kowalski, chairman and chief executive officer of Tiffany & Co. (NYSE: TIF) stated: “We are now a few weeks into the all-important two-month holiday season and sales growth is exceeding our expectations, although the majority of the holiday season is certainly still ahead of us....
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A Peek Into The Market Before The Trading Starts
Wednesday, November 24, 2010 - 8:31am | 488Pre-open movers US stock futures are higher, this morning as investors are awaiting economic data. Futures on the Dow Jones Industrial Average gained 11 points to 11,025, while S&P 500 futures moved up 2.10 points to 1,180.40. Nasdaq 100 futures rose 4.75 points to 2,124. A Peek Into Global...
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Tiffany Reports Third Quarter EPS of $.43
Wednesday, November 24, 2010 - 8:29am | 171Tiffany & Co. (NYSE: TIF) reported a 14% increase in its worldwide net sales for the third quarter ended October 31, 2010, with growth occurring in all geographic regions. Worldwide net sales increased 14% to $681.7 million. On a constant-exchange-rate basis, which excludes the effect of...
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Tiffany Reports Better-Than-Expected Q3 Results
Wednesday, November 24, 2010 - 8:23am | 56Tiffany & Co (NYSE: TIF) reports its Q3 adjusted EPS at $0.46, beating the consensus of $0.37. TIF reports its Q3 revenue at $681.7 million, versus the estimates of $652.82 million. TIF shares gained 1.85% to $59.35 in after-hours trading. Read more from Benzinga's Company news.