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Tiffany & Co

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  • May 27- Luxury jeweler Tiffany& Co reported better-than- expected quarterly sales and profit as it benefited from higher spending by tourists in Europe and growing demand for its Tiffany T line of fashion jewelry. Sales in Europe rose 2 percent in the first quarter ended April 30, Tiffany said, attributing the increase to more tourists shopping at its stores and...

  • US stocks set to bounce back, dollar in focus Wednesday, 27 May 2015 | 8:29 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a higher open on Wednesday, following Europe into positive territory shrugging off Tuesday's weak close.

  • May 27 (Reuters)- Luxury jeweler Tiffany& Co reported better-than-expected quarterly profit and sales, helped by strong demand for its Tiffany T line and higher sales in the Americas and Europe. Tiffany's sales in the Americas region rose 1 percent to $444 million. Comparable sales in the Americas region fell 1 percent, while they fell 2 percent in Europe.

  • Tiffany's first quarter is a diamond in the rough Wednesday, 27 May 2015 | 7:18 AM ET

    Sales grew 3 percent in the Americas, 4 percent in the Asia-Pacific region, and 21 percent in Europe. Sales at stores open at least a year was positive in the Americas and in the Asia-Pacific region as well. That's still a lot better than the per-share earnings of 69 cents per share that analysts had projected, according to a survey by by Zacks Investment Research.

  • Strong dollar hits Tiffany's quarterly sales Wednesday, 27 May 2015 | 7:16 AM ET

    May 27- Luxury jeweler Tiffany& Co reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its U.S. stores and reduced the value of overseas sales. The company's net income fell to $104.9 million, or 81 cents per share, in the first quarter ended April 30 from $125.6 million, or 97 cents per share, a year earlier.

  • Dollar and bond yields to dominate trading Wednesday, 27 May 2015 | 6:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Dollar strength and bond yields, in the context of Federal Reserve tightening, will continue to dominate market movements on Wednesday.

  • Investors remain focused on Greece's debt problems. MERGER APPROVAL: Tobacco companies Lorillard and Reynolds American rose after the Federal Trade Commission gave its tacit approval to the companies' $27.4 billion merger. Lorillard, maker of Newport cigarettes, was up 82 cents, or 1.1 percent, to $72.94.

  • 4 trades ahead of big retail earnings Tuesday, 26 May 2015 | 6:52 PM ET
    A Costco store in Richmond, Calif., March 6, 2014.

    Costco, Tiffany and Michael Kors all report earnings on Wednesday, and "Fast Money" traders discussed how to play their stocks.

  • Dollar and bond yields to dominate trading Tuesday, 26 May 2015 | 6:43 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Dollar strength and bond yields, in the context of Federal Reserve tightening, will continue to dominate market movements on Wednesday.

  • Why Netflix is at $600 Monday, 18 May 2015 | 11:06 AM ET
    The Netflix Inc. website displays the 'House of Cards' series.

    Here's the real reason why Netflix is at $600, says Michael Yoshikami.

  • Congress should pass an open-Internet law NOW Friday, 15 May 2015 | 3:30 PM ET
    Neon open sign

    Before the presidential race heats up, Congress should pass an open-Internet law, says Jamal Simmons.

  • Why the FTC is wrong about our merger: Sysco CEO Friday, 15 May 2015 | 12:02 PM ET
    Sysco tractor-trailers sit parked outside the company's distribution center in Louisville, Ky.

    Sysco's CEO says the FTC, which is suing to block the company's merger with US Foods, has it all wrong.

  • Is Macy's run over? Why the retailer is falling short Wednesday, 13 May 2015 | 2:19 PM ET
    People enter to Macy's store at the Newport Mall in Jersey City, N.J.

    Macy's has fallen short on earnings expectations three of the last eight quarters, according to Retail Metrics.

  • 5 things we like about Verizon-AOL hookup Tuesday, 12 May 2015 | 2:46 PM ET
    Verizon to buy AOL for $4.4 billion.

    Here are five things Michael Yoshikami likes about Verizon's $4.4 billion purchase of AOL.

  • Wal-Mart, Target Corp, T.J. Maxx, Gap, and McDonald's Corp have already announced wage increases, and the trend appears to be trickling further into the retail and restaurant sectors. So far in this reporting season, companies such as Bed Bath& Beyond Inc and Buffalo Wild Wings Inc have discussed wage pressure, while Pier 1 Imports Inc plans incentive pay for the...

  • Forget Alibaba earnings—listen to Jack Ma Thursday, 7 May 2015 | 1:21 PM ET
    Alibaba founder and chairman Jack Ma makes a speech during the official opening of the CeBIT trade fair in Hanover March 15, 2015.

    Alibaba met Michael Yoshikami's expectations on earnings but he offers this word of caution on investing in the stock.

  • WASHINGTON, April 22- Nearly 80 percent of American companies surveyed by two human rights groups failed to meet a U.S. rule requiring they monitor whether their products contain minerals from war-torn Africa. The joint report by Amnesty International and Global Witness is the first by outside groups to analyze so-called "conflict mineral" disclosures by U.S....

  • How a Chinese travel rule spooked luxury investors Wednesday, 15 Apr 2015 | 6:16 PM ET
    A pedestrian walks past a Tiffany & Co. store on Canton Road in the Tsim Sha Tsui area of Hong Kong.

    Restrictions on mainland Chinese visitors to Hong Kong have caught Wall Street's attention, with growing worries the rules could hit luxury brands.

  • Goldman's top picks Tuesday, 7 Apr 2015 | 2:11 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Brian Sullivan and Dom Chu will list the top 40 cheapest stock picks from Goldman Sachs.

  • This is what could drive stocks this week Monday, 23 Mar 2015 | 5:49 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currency markets in the week ahead.