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December 5, 2013
10:26 EDTTIF, ZLC, SIG Tiffany advances after Goldman upgrades stock
Shares of jewelry retailer Tiffany (TIF) are advancing after Goldman Sachs added the stock to its Conviction Buy list. WHAT'S NEW: Goldman Sachs analyst Lindsay Drucker Mann raised her rating on Tiffany to Conviction List Buy from Neutral in a note to investors earlier today. Tiffany's costs are poised to drop in fiscal 2014 on lower metal prices and reduced spending on fixed capacity and diamond inventory, while the company will also benefit from price increases it implemented in fiscal 2013, Drucker Mann believes. She raised her price target on the shares to $105 from $97. PRICE ACTION: In morning trading, Tiffany gained 96c, or 1.1%, to $89.55. OTHERS TO WATCH: Other publicly-traded jewelry retailers include Zale Corporation (ZLC) and Signet Jewelers (SIG).
News For TIF;ZLC;SIG From The Last 14 Days
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April 15, 2014
10:00 EDTTIFOn The Fly: Analyst Upgrade Summary
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08:47 EDTTIFTiffany China business poised to continue growth, says Sterne Agee
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08:19 EDTTIFTiffany upgraded to Overweight from Equal Weight at Stephens
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April 14, 2014
07:43 EDTSIGSignet Jewelers potential for further upside remains, says Brean Capital
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April 11, 2014
08:12 EDTTIFTiffany announces General Counsel to retire
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April 10, 2014
07:24 EDTSIGCitigroup to hold a conference
Diamond Days Conference is being held in New York on April 10.

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