Tiffany & Co. (TIF) Should Command $160-$180/Share in a Sale to LVMH - Cowen
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Tiffany (TIF) Confirms Receipt of Unsolicited, Non-Binding Proposal from LMVH at $120/Share
October 28, 2019 8:03 AM EDTTiffany & Co. (NYSE: TIF) today confirmed it has received an unsolicited, non-binding proposal from LMVH Moet Hennessy Louis Vuitton to acquire Tiffany for $120 per share in cash.
While the parties are not in discussions, Tiffanys Board of Directors, consistent with its fiduciary... More
Tiffany & Co. (TIF) PT Raised to $126 at Oppenheimer
October 28, 2019 7:45 AM EDTOppenheimer analyst Brian Nagel raised the price target on Tiffany & Co. (NYSE: TIF) to $126.00 (from $100.00) while maintaining a Outperform rating.... More
Trade optimism, Fed rate-cut expectation sends S&P 500 to record
October 28, 2019 7:35 AM EDTBy Chuck Mikolajczak
NEW YORK (Reuters) - The S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its lifetime high touched in late July as a more civil tone between the United States and China lifted hopes for a possible trade deal and investors looked toward a Federal Reserve rate cut later this week.
Microsoft Corp (NASDAQ: MSFT) shares climbed 2.46%, making the stock among the biggest boosts to each of three major indexes after the technology giant won the Pentagon's $10 billion cloud computing contract, beating out... More
LVMH Confirms Talks on Possible Transaction with Tiffany & Co. (TIF)
October 28, 2019 6:12 AM EDTIn light of recent market rumors, the LVMH Group confirms that it has held preliminary discussions regarding a possible transaction with Tiffany (NYSE: TIF).
LVMH said there can be no assurance that these discussions will result in any agreement.
One source... More
