Luxury

Tiffany Store front

Tiffany Earnings Hit by Arbitration Award, Soft Outlook; Buyback Soothes Investors

Tiffany & Co. (NYSE: TIF) reported fourth-quarter and fiscal year 2013 results before markets opened Friday. The luxury goods company reported adjusted diluted earnings per share (EPS) of $1.47 on ...
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Tiffany Earnings to Be a Barometer for All Luxury Retail Companies

Tiffany & Co. (NYSE: TIF) is set to report earnings Friday morning. The luxury jewelry retailer might not seem like a systemic stock on the surface, but Tiffany offers clean ...
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Tiffany Store front

Tiffany Raises Forecast Again, Set to Post New All-Time High

Tiffany & Co. (NYSE: TIF) reported third-quarter results before markets opened Tuesday morning. The luxury goods company reported diluted earnings per share (EPS) of $0.73 on revenues of $911.5 million. ...
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2015CadillacEscalade

Cadillac Releases New Escalade No One Will Buy

The Cadillac division of General Motors Co. (NYSE: GM) launched a new version of its Escalade super-SUV. And the release was done with great fanfare, a peculiar effort since no one ...
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Tiffany Store front

Tiffany Raises Outlook, Looks to Post All-Time High

Tiffany & Co. (NYSE: TIF) reported second-quarter results before markets opened Tuesday morning. The luxury goods company posted diluted earnings per share (EPS) of $0.83 on revenues of $926 million. ...
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Lincoln 2012 LA show

Lincoln, Desperate for Sales, Offers Weak “Black Label” Line

Lincoln, the luxury division of Ford Motor Co. (NYSE: F), remains in the basement of mainline luxury brands, with a market share of less than 6% so far this year. The ...
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Businessman pushing a car

24/7 Wall St. Virtual Review of the New Chevrolet Corvette Stingray

Google Inc.'s (NASDAQ: GOOG) Google News currently shows around 100 articles about the new Chevy Corvette, built by the General Motors Co. (NYSE: GM) division. Most of the stories focus on ...
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Money, US, $100 bills

Twelve Things Not to Do If You Win the Lottery

Imagine becoming vastly wealthy overnight. Being a winner of a multimillion dollar lottery has to be incredible. It certainly is going to be a life-changing event for almost every single lottery winner. ...
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Luxury goods

Costco Slapped with Lawsuit from Michael Kors

In the second such action so far this year, Costco Wholesale Corp. (NASDAQ: COST) is being sued by a luxury goods maker for selling or promoting luxury items that the ...
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diamonds

No Buyer for Rio Tinto Diamond Mines

If the value of something actually is determined by the price someone is willing to pay for it, Rio Tinto PLC’s (NYSE: RIO) diamond assets are worth far less than ...
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Tiffany Store front

Tiffany’s Meets Lowered Estimates, Maintains Previous Outlook

Tiffany & Co. (NYSE: TIF) reported fourth-quarter and full-year 2012 results before markets opened this morning. The luxury goods company reported diluted earnings per share (EPS) of $1.40 on revenues ...
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Island Air

Is Larry Ellison Recreating The Fantasy Island TV Series?

Larry Ellison, the billionaire founder of Oracle Corporation (NASDAQ: ORCL), is adding yet another odd purchase to his vast private holdings. His purchase of megayachts, racing yachts, multiple airplanes, mansions, ...
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Tiffany Launches Legal Tiff with Costco

One of the world’s leading luxury brand has filed a suit against one of the world’s largest discount retailers over allegedly false claims on engagement rings. Tiffany & Co. (NYSE: ...
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Clothes on hangers

Kors Raises Guidance Following Big Quarterly Beat

Michael Kors Holdings Ltd. (NYSE: KORS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.64 and $636.78 million in revenues before markets opened this morning. In the ...
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Luxury Shoppers Hard to Please

A new survey by customer satisfaction research firm ForeSee has found that luxury shoppers are not getting the kind of service they expect from retailers catering to the high-end market. ...
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