Market Currents

• Wednesday, November 25, 2009

• 09:00 AM Premarket gainers: INCY +9%. JCG +7%. TIF +6%. SVA +6%. HMC +5%. GSS +4%. HL +4%.
  Losers: CONN -12%. SAY -11%. CWTR -7%. SQNM -5%. Comment!
• 07:13 AM Tiffany (TIF): Q3 EPS of $0.33 beats by $0.09. Revenue of $598M (-2.9%) vs. $575M. Sees 2010 EPS of $1.88-1.98 vs. $1.77 consensus. (PR) 1 Comment
• 00:05 AM Notable premarket earnings: DE, TIF 1 Comment

• Tuesday, October 6, 2009

• 10:40 AM Tiffany & Co. (TIF) up 4.5% as Citigroup initiates coverage at Buy, on expectations of a return to positive same-store sales and added market share. Comment!

• Friday, August 28, 2009

• 09:00 AM Premarket gainers: SVA +19%. OVTI +15%. ARUN +14%. CIT +12%. JCG +8%. AIG +8%. TIF +7%. MRVL +7%. ABK +7%. MBI +5%. PMI +5%. ZQK +5%. DELL +5%. CHU +4%. C +4%.
  Losers: ALTH -8%. Comment!
• 00:05 AM Notable earnings before Friday's open: FRO, TIF
    Comment!

• Monday, August 24, 2009

• 11:46 AM $35,000 per square foot! New sales estimates for Apple's (AAPL) Fifth Ave. emporium would make it the ritzy avenue's highest-grossing retailer ever - almost double the $18K Tiffany (TIF) pulls in. 1 Comment

• Friday, May 29, 2009

• 00:05 AM Notable earnings before Friday's open: TIF Comment!

• Tuesday, May 26, 2009

• 11:35 AM Retail stocks are among today's leaders after April Consumer Confidence knocked out the windows. S&P Retail Index +3.5%, with luxury stocks like Tiffany (TIF +5.2%) and Macy's (M +4%) leading the way. 6 Comments

• Monday, March 23, 2009

• 07:08 AM Tiffany & Co. (TIF): Q4 EPS of $0.85 beats by $0.05. Revenue of $841.2M (-20.1%) vs. $838.0M. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: TIF Comment!

• Tuesday, March 10, 2009

• 15:50 PM Tiffany (TIF) to shutter its underperforming Iridesse pearl jewelry chain, according to an internal memo. TIF +7.6%. Comment!

• Wednesday, January 14, 2009

• 09:56 AM Tiffany's (TIF -6.1%) weak holiday sales are weighing on other luxury retailers. ZLC -5%. NILE -7.7%. SKS -7.8%. Comment!
• 09:47 AM Tiffany (TIF -7%) says worldwide holiday sales fell 21% to $687M, while same-store sales fell 24%. "Deteriorating global economic conditions were clearly reflected in cautious spending by Tiffany customers... We believe these conditions will continue well into 2009." (PR) Comment!

• Sunday, December 7, 2008

• 06:00 AM Tiffany (TIF) has seen its shares get slammed this year, but patient investors have plenty to look forward to. Trading at a record low valuation, Barron's Johanna Bennett thinks the jeweler's shares will sparkle again in a few years. Comment!

• Wednesday, November 26, 2008

• 09:06 AM Premarket losers: BCE -39.5%. RTP -15%. YGE -13%. JASO -12%. TIF -11%. LCC -11%. DE -9%. ING -8%. IFX -7%. UBS -6%. AAUK -5%. ALU -5%. Comment!