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Tiffany & Co (TIF)

TIF on New York Consolidated

95.25USD
30 Mar 2017
Change (% chg)

$-1.16 (-1.20%)
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$96.41
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$96.02
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$96.50
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$94.38
Volume
2,694,074
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2,038,846
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$97.29
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Fri, Mar 17 2017

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Customers take shine to Tiffany's cheaper, fashion jewelry

Tiffany & Co's higher-than-expected quarterly results suggested that the luxury retailer's push in to higher-margin fashion jewelry and affordable products was helping it win back customers. | Video

UPDATE 3-Customers take shine to Tiffany's cheaper, fashion jewelry

* Q4 adj. profit $1.45/shr vs. est. $1.38/shr (Adds details, analyst comment)

BRIEF-Tiffany- Stronger yen contributing to increased purchasing attributed to Japanese tourists

* Lower spending that we attributed to Chinese tourists in other regions in 2016 may have led to some of the higher spending from local consumers within China

BRIEF-Tiffany & Co qtrly non-gaap EPS $1.45

* Tiffany reports full year and fourth quarter 2016 results; sales and earnings in line with previous guidance; management provides its outlook for 2017

Jeweler Tiffany posts 1.3 pct rise in quarterly sales

March 17 Tiffany & Co reported a 1.3 percent rise in quarterly sales on Friday as strong demand for its high-end jewelry in Japan and China helped offset weak holiday sales in the Americas.

Tiffany adds three directors in pact with activist JANA

Tiffany & Co on Tuesday struck a surprise deal with JANA Partners, an activist investor and now a shareholder, agreeing to add three directors to its board as the luxury retailer tries to entice younger shoppers and revive struggling sales.

UPDATE 4-Tiffany adds 3 directors in pact with activist JANA

Feb 21 Tiffany & Co on Tuesday struck a surprise deal with JANA Partners, an activist investor and now a shareholder, agreeing to add three directors to its board as the luxury retailer tries to entice younger shoppers and revive struggling sales.

CORRECTED-UPDATE 1-JANA, ex-Bulgari CEO strike deal for board seats at Tiffany

Feb 21 Retailer Tiffany & Co on Tuesday said it would appoint three independent directors to its board in a deal with hedge fund JANA Partners LLC, less than three weeks after the luxury jeweler's chief executive stepped down.

CORRECTED-Tiffany to add directors in deal with activist hedge fund Jana

Feb 21 Luxury jewelry retailer Tiffany & Co said it would appoint three independent directors to its board in a deal with activist investor Jana Partners LLC.

BRIEF-Tiffany & Co. and Jana Partners appoint 3 new independent directors to Tiffany's Board

* Tiffany & Co. and Jana Partners announce appointments of three new independent directors to Tiffany & Co. Board of directors

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