Nov 29- Tiffany& Co lowered its fiscal-year sales and profit on Thursday as it reported lower-than-expected quarterly sales, blaming global economic conditions and poor sales of silver jewelry. It looks for a full-year profit of $3.20 to $3.40 per share, down from an earlier range of $3.55 to $3.70.
A two-tier economy is emerging in the UK, with small-cap companies being left behind, Keith McGregor, EMEA head of restructuring at Ernst & Young, told CNBC Monday.
Operational efficiency has become a key to a company's success, especially in an age of thin margins, whether it 's cutting costs, streamlining output or responding to an economic shock.