Mizuho Securities Remains Bullish on Tiffany & Co. (TIF) Despite Weak Holiday Sales - PT to $75
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January 19, 2016 9:33 AM EST
Eleven Biotherapeutics, Inc. (NASDAQ: EBIO) 64% LOWER; announced top-line results from the Phase 3 clinical trial of its lead drug candidate, isunakinra (EBI-005), for the treatment of severe allergic conjunctivitis. In this trial, there were no statistically significant differences between the isunakinra treated group and the vehicle control group on the primary endpoint of ocular itching or on any secondary endpoints. Isunakinra was generally well tolerated, with 94% of the patients completing the trial and there were no serious adverse events reported.
Rouse Properties, Inc. (NYSE:... More
January 19, 2016 7:30 AM EST
By Noel Randewich
(Reuters) - Wall Street ended flat after a choppy session on Tuesday as falling oil prices led to more carnage in energy stocks and an "in line" economic report showed slower growth in China.
Declining U.S. crude pulled down materials stocks as well as the S&P energy sector , which slumped 2.17 percent.
Oil at 12-year lows is stoking fears on Wall Street of deeper losses for energy companies and the potential that some may fail to pay their debts. That has decimated oil stocks, helping push the S&P 500 down 8... More
January 19, 2016 6:41 AM EST
Tiffany & Co. (NYSE: TIF) reported its sales results for the two-month period ended December 31st (holiday period). Results were negatively affected by the strong U.S. dollar and weak tourist spending in a number of markets. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see Non-GAAP Measures schedule), worldwide net sales declined 3% (due to declines in the Americas and Asia-Pacific offsetting growth in Japan and Europe) and comparable store sales declined 5%. There were no noteworthy differences in performance among jewelry categories. Reported in U.S. dollars, worldwide net... More
January 15, 2016 11:29 AM EST
Tiffany & Co. (NYSE: TIF) ticks higher on options activity. Shares up 1.3%
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