Tiffany & Co. (TIF) Reports Q1 EPS of $0.74; Updates FY16 Outlook
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Nomura Securities Cuts Price Target on Tiffany & Co. (TIF) to $75; Reiterates Buy
May 26, 2016 8:59 AM EDTNomura Securities maintained a Buy rating on Tiffany & Co. (NYSE: TIF), and cut the price target to $75.00 (from $90.00), following the company's 1Q earnings report.
Analyst Robert Drbul commented, "TIF reported 1Q16 EPS of $0.69, including a $0.05 tax benefit, below our estimate of $0.70 and above consensus... More
Mizuho Securities Cuts Price Target on Tiffany & Co. (TIF) Following 1Q EPS Beat
May 25, 2016 4:22 PM EDTMizuho Securities maintained a Buy rating on Tiffany & Co. (NYSE: TIF), and cut the price target to $72.00 (from $80.00), following the company's 1Q earnings report. EPS of $0.69 was above consensus $0.68 estimate, partially due to a $0.05 tax settlement benefit.
Analyst Betty Chen commented, "We are... More
Bulgari aims to have up to six stores in Russia over 10 years
May 24, 2016 3:44 PM EDTMOSCOW (Reuters) - Bulgari, the flagship jewelry brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market.
The company is the second luxury brand to signal its confidence in the Russian market after French luxury group Hermes tripled the selling space of one of its two Moscow shops in December.
Bulgari Chief Executive... More
Straddles bid up into quarterly results and outlook
May 24, 2016 3:03 PM EDTTiffany (NYSE: TIF) May weekly 64.50 straddle priced for 6.5% movement into Q1
Express (NASDAQ: EXPR) June 16 straddle priced for 12.4% movement into Q1
HP Enterprise (NYSE: HPE) May weekly 16 straddle priced for 7.3% movement into Q2
Intuit (NASDAQ: INTU) June 100 straddle priced for 6.5% movement into Q3
