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Stock Market & Financial Investment News

News Breaks
March 21, 2014
09:06 EDTTIFTiffany sees opening 13 stores, closing 4 in FY14
Says yen negatively affected Q4 sales. Says can no longer quantify total foreign tourists sales in the Americas region because of the legal restrictions on data collection in some U.S. states. Says still projects foreign tourist spending to be meaningful to sales. Says spending will increase this year and next. Expects to open 13 stores in FY14 and close 4. Comments made during the company's Q4 earnings conference call
News For TIF From The Last 14 Days
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March 4, 2015
07:57 EDTTIFTiffany says receives favorable decision from Dutch court
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March 3, 2015
10:01 EDTTIFOn The Fly: Analyst Downgrade Summary
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08:30 EDTTIF, TIFTiffany downgraded to Outperform from Buy at CLSA
CLSA downgraded Tiffany to Outperform from Buy due to reduced Mainland Chinese tourism to Hong Kong, where 7% of sales are at risk. Price target is $101.
February 20, 2015
09:23 EDTTIFGoldman sees select Apparel and Footwear opportunities due to FX risk
Goldman said translation currency exposure in the Apparel and Footwear has created volatility and opportunity to gain exposure to this theme. Goldman's analyst sees a positive near-term set-up for Nike (NKE) and Tiffany (TIF) and a negative set-up for Crocs (CROX) and Abercrombie & Fitch (ANF) and of upcoming earnings reports.

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