A federal judge will rule next week on if Zales (ZLC +4.5%) can claim its diamonds are the...

|About: Zale Corporation (ZLC)|By:, SA News Editor

A federal judge will rule next week on if Zales (ZLC +4.5%) can claim its diamonds are the brightest in the world. The issue cropped up after a number of rivals filed a lawsuit against the company asking for a preliminary injunction to cut short advertising campaigns for the gems. A point in favor for Zales is that, for the most part, brightness is in the eye of the beholder and hard to quantify.