Tiffany & Co. (TIF) Shows Solid Growth Despite Domestic Weakness; Mizuho Securities Reiterates Buy

Pre-Open Stock Movers 11/24: (SUNE) (TASR) (BDBD) Higher; (UNXL) (CHS) (KBIO) Lower (more...)

November 24, 2015 9:29 AM EST

UniPixel (NASDAQ: UNXL) 42.9% LOWER; announced that it entered into subscription agreements with investors for the sale of 9,625,871 units at a public offering price of $0.85 per Unit in a public offering resulting in expected gross proceeds to the Company of $8.1 million.

... More

Wall Street ends higher, driven by energy amid global tension

November 24, 2015 7:08 AM EST

By Sinead Carew

(Reuters) - U.S. shares closed higher on Tuesday as energy stocks rose along with oil prices after Turkey shot down a Russian warplane near the Syrian border.

The three major U.S. indexes recovered from a morning selloff that was triggered by the overseas news despite some strong U.S. economic data.

Oil prices were up more than 2 percent after a spike in Middle East tensions.

"You came in this morning and everybody was talking about this potential escalation of violence between Turkey and Russia," said Andrew Frankel, co-president of... More

Tiffany's profit forecast turns dimmer on strong dollar

November 24, 2015 6:45 AM EST

By Yashaswini Swamynathan

(Reuters) - Tiffany & Co (NYSE: TIF) reported a drop in quarterly sales and forecast a bigger fall in full-year profit than previously expected as a strong dollar kept tourists from spending in its showpiece U.S. stores.

After falling in early trading, the company's shares reversed course to rise more than 4 percent to a near two-week high.

Morningstar Inc analyst Paul Swinand attributed the swing to a higher free cash flow forecast and the acceleration of share buybacks.

Another bright spot... More

Tiffany & Co. (TIF) Misses Q3 EPS by 5c; Updates FY15 EPS Outlook

November 24, 2015 6:42 AM EST

Tiffany & Co. (NYSE: TIF) reported Q3 EPS of $0.70, $0.05 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $938.2 million versus the consensus estimate of $971 million.

Worldwide net sales on a constant-exchange-rate basis rose 4% and comparable store sales increased 1% due to... More

Trading Radar for 11/24: HP, Inc. (HPQ), Tiffany (TIF), TiVo (TIVO), Campbell Soup (CPB), Chicos FAS (CHS) Report

November 23, 2015 2:06 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

GDP: Second estimate - Street sees 2.0%GDP Deflator: Second Estimate - Street sees 1.2%

9:00am EST

Case-Shiller 20-City Index - Street sees 5.2%

Earnings:

American Woodmark (Nasdaq: AMWD) - consensus EPS $0.79
Analog Devices (Nasdaq: ADI) - consensus EPS $0.83
Beacon Roofing Supply... More