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Stock Market & Financial Investment News

News Breaks
February 22, 2013
07:17 EDTTIF, LVMUYLVMH sees Burberry or Tiffany as potential takeover targets, Boomberg reports
LVMH Moet Hennessy Louis Vuitton (LVMUY) is poised to pursue a takeover as its revenue growth slows the most in four years. The $87B company could go after Burberry or Tiffany & Co. (TIF), reports Bloomberg.Reference Link
News For LVMUY;TIF From The Last 14 Days
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July 1, 2015
06:19 EDTLVMUYDonna Karan to step down as chief designer of namesake company, WSJ reports
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June 23, 2015
10:37 EDTTIFTiffany sees 'minimal growth' in FY EPS, consensus $4.23
Says plans to increase global square footage 4%-5% annually for the foreseeable future. Sees ability to generate "healthy" free cash flow. Sees demand for products "consistent" with past trends. Says branded jewelry continues to be attractive globally. Says tourism purchases in the U.S. are "definitely down," but seeing pickups in other markets around the world. Comments made by CFO Ralph Nicoletti at the Jefferies 2015 Global Consumer Conference. Tiffany & Co is up 0.9% to $94.06 in morning trading.

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