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Posts related to ‘Luxury’

Sotheby’s Finds Out That Research Analysts Matter, Maybe Too Much

Posted: July 16, 2012 at 2:00 pm

Sometimes analyst upgrades and downgrades matter, and sometimes they do not.  Sotheby's (NYSE: BID) is finding that they sure matter this Monday.  We might usually skip an analyst upgrade or ...
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It Stinks To Be A Gold Miner (GG, GDX, ABX, NEM, AU, GLD)

Posted: July 11, 2012 at 10:37 am

It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold.  The rewards can be ...
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As the World Burns… Buffett & Berkshire Spending Billions For Private Jets and Mortgage Assets (BRK-A, BRK-B, TXT, FIG)

Posted: June 12, 2012 at 12:55 pm

If you have watched the flow of news out of Asia and Europe over the last month, you might have had a reason to think that the world was going to hell in ...
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Tiffany Lags, Expects More of the Same

Posted: May 24, 2012 at 8:06 am

Luxury jewelry retailer Tiffany & Co. (NYSE: TIF) reported first quarter earnings this morning that were a light even though revenues were better than expected. The company posted EPS of ...
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China, ETFs, and Central Banks Supporting Gold Price and Demand

Posted: May 17, 2012 at 10:41 am

The World Gold Council has released its first quarter report on global gold demand.  Some of the report may be as most expected, but the report also contains some interesting ...
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Blue Nile Loses Head of Merchandising & Diamond Supply

Posted: May 16, 2012 at 1:58 pm

Blue Nile Inc. (NASDAQ: NILE) is losing a key member of its merchandising team.  The online jewelry, diamond, and raw stone destination has a filing with the Securities and Exchange ...
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When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)

Posted: May 8, 2012 at 10:12 am

What happens when you have an appreciating dollar?  Commodity prices tend to fall, all other things being equal.  But what about when you have a scenario where risk-on investors are ...
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What ‘The Scream’ Record Sale Means For Art & Collectibles (BID, AMZN, EBAY)

Posted: May 3, 2012 at 11:06 am

Sotheby's (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of ...
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Only A Few Big Retail/Apparel Winners Expected For April (JWN, SKS, LULU, KORS, AEO)

Posted: May 2, 2012 at 12:26 pm

The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%.  If so, this will mark ...
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Extreme Alternative Investing: Edvard Munch’s The Scream, at $80 Million or So (BID)

Posted: April 25, 2012 at 7:45 am

If something can rise in value, investors and speculators may be involved. The world of art is one of the true alternative investing venues as investors often compete head-to-head with ...
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Is Costco Competing Against Tiffany, Blue Nile, and High-End Jewelers Now? (COST, TIF, NILE)

Posted: April 24, 2012 at 12:45 pm

Tiffany & Co. (NYSE: TIF) is widely thought of as the king of high-end jewelry.  While many local high-end jewelry stores compete with Tiffany in local markets, it is hard ...
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A Real Macau Win for Wynn? (WYNN, MPEL)

Posted: April 18, 2012 at 2:34 pm

Do you remember the “Do over!” SEC filing from Wynn Resorts Ltd. (NASDAQ: WYNN) a few weeks back? Everyone assumed it meant a deal was all but done, but now shares ...
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Tumi Sets IPO Terms, Another Luxury Goods Coming Public

Posted: April 9, 2012 at 2:23 pm

Luxury baggage maker Tumi Holdings, Inc. has set the terms for its proposed initial public offering.  The company now plans to sell 18,779,865 shares in a price range of $15 to ...
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Maybe the Rich are Like You and Me (AAPL, GOOG, RIMM)

Posted: April 2, 2012 at 10:21 am

Wealthier smartphone owners are a lot like the rest of us, at least when it comes to apps downloaded to their smartphones. The wealthy’s favorite app is Facebook, followed closely ...
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Private Equity Firms File For Michaels Stores IPO (MIK, BX)

Posted: March 30, 2012 at 11:47 am

Michaels Stores, Inc. has just filed its paperwork with the Securities and Exchange Commission to come public again via an initial public offering.  Todays move confirms recent reports and speculation ...
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