On Thursday Tiffany (TIF) said earnings jumped 15% - the same day Costco (COST) said profits fell 5%. This is the great consumer divide in action, folks. Higher gas prices heading into this summer are dividing the “haves” from the “have nots”. How do you trade this phenomenon?
Luxury jeweler Tiffany & Co. said Thursday that quarterly profit rose, helped by strong sales in U.S. and international markets, with the exception of Japan.
Gasoline prices are soaring -- but one "Morning Call" guest says the best revenge is investing well. Rob Cox, U.S. editor of Breaking Views, joined CNBC's Mark Haines to talk about "the middle squeeze" at the pump -- and how to play it.
A U.S. District Judge might have denied NASCAR's request to stay an injunction that allowed the Cingular logo on Jeff Burton's car to be replaced with an AT&T logo, but NASCAR got a victory yesterday when Alltel agreed to a $25 billion private equity buyout. Let's go back and put this in context for you. NASCAR obviously did not want the AT&T brand on the track because it wasn't one of the brands that were grandfathered in when the governing body signed a 10-year, $700 million deal with Nextel to be the official telecommunications company of NASCAR. But consolidation in this industry is very common -- Sprint soon bought Nextel and AT&T bought Cingular.
Suddenly, the U.S. is the lap of luxury and Bulgari, Tiffany and Cartier are all looking to expand here.
The Italian jeweler says there's new wealth to be tapped here.
Cramer's take on Diageo, Dominos Pizza, Dow Chemical and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
See what analysts had to say today about the market on CNBC.
Upscale jewelry retailer Tiffany & Co. on Monday said fourth-quarter net income was nearly flat, weighed by an impairment charge. The company also offered a bullish first-quarter outlook.
Good morning all. We hope you were able to watch Friday night's "How To Win" contest program. But if not, or even if you did, I'll re-cap some of the show in blog posts today. We'll start with some of the picks--I'm sure you'd like to know what the experts were hot about. So far, there are 443,291 contest registrations to date.
Americans will spend almost $17 billion to celebrate Valentine's Day, on flowers, cards, jewelry and more. Some businesses, such as Godiva Chocolatier, are institutions in the Valentine’s market. In a CNBC.com video interview, President Jim Goldman talks about why chocolate continues to be a perennial favorite.
Holiday shoppers are procrastinating, but retailers aren’t panicking and offering bigger discounts to lure people in.
From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.
America is seeing another British invasion – and a Japanese and Brazilian juggernaut – in its retail stores. CNBC’s Margaret Brennan told “Morning Call” that international travelers are swarming over the U.S. this holiday season. As the Yankee greenback drops versus the euro, the yen and the British pound, America is becoming the destination of choice – for luxury shoppers.
Tiffany says early holiday sales were better than expected but Goldman Sachs' retail analyst is taking a cautious view. "We do expect continued pressures on production costs,” Adrianne Shapira told CNBC’s Power Lunch, Shapira was picking up on the jeweler's statement that higher materials costs had taken a bite out of otherwise strong third-quarter earnings
Fine jeweler Tiffany is seeing green, thanks to strong early holiday sales. Riding the luxury market wave and benefiting from high-end consumer strength, Tiffany is seeing “a lot of demand amongst the affluent consumer and a willingness to shop,” Dorothy Lakner, retail analyst at CIBC World Markets, told CNBC’s “Morning Call”.