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Stock Market & Financial Investment News

News Breaks
March 24, 2014
07:13 EDTTIFTiffany downgraded to Buy from Conviction Buy at Goldman
Goldman removed Tiffany from the Conviction Buy List based on slowing margin expansion and increased capex. Shares remain Buy rated with a $100 price target, down from $101.
News For TIF From The Last 14 Days
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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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