Mizuho Securities Reiterates Buy on Tiffany & Co. (TIF) Following 3Q Report
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Tiffany & Co. Launches Video Series on Contemporary Art: New Ways of Seeing
November 29, 2016 8:30 AM ESTNEW YORK--(BUSINESS WIRE)-- Tiffany & Co. will present the first of a five-part video series on contemporary art entitled New Ways of Seeing with each remaining film video to be released in one-month intervals. Tiffany & Co. commissioned cultural leaders to script videos and examine different compelling art-related topics. Tiffany & Co. is proud to highlight these critics and curators who push the boundaries of convention.
The overarching concept for the video library was inspired by the 1972 BBC television series and book entitled Ways of Seeing, which uniquely examined how we look at art and the meaning of... More
Tiffany Sees Modest Improvement in Third Quarter Results: Management Maintains Its Full Year Earnings Outlook
November 29, 2016 6:40 AM ESTNEW YORK--(BUSINESS WIRE)-- Tiffany & Co. (NYSE: TIF) reported that worldwide net sales increased 1% in the three months (third quarter) ended October 31, 2016, reflecting mixed results across geographic regions and product categories. Net earnings increased 5% in the third quarter and earnings per diluted share rose 9%.
In the third quarter:
Worldwide net sales rose 1% to $949 million and comparable store sales declined 2%. A modest increase in fashion jewelry sales was offset by softness in other product categories. On a constant-exchange-rate basis that excludes the effect of translating... More