Tycoon names blue diamond “Star of Josephine”
GENEVA (Reuters) – A Hong Kong property tycoon and collector who bought a flawless blue diamond for a record $9.5 million, has named it the “Star of Josephine,” auction house Sotheby’s said Wednesday.
Joseph Lau Luen-Hung made the winning bid last week by telephone for the diamond, which fetched the highest price per carat for any [...]
HK tycoon names blue diamond “Star of Josephine”
GENEVA (Reuters) – A Hong Kong property tycoon and collector who bought a flawless blue diamond for a record $9.5 million, has named it the “Star of Josephine,” auction house Sotheby’s said on Wednesday.
Joseph Lau Luen-Hung made the winning bid last week by telephone for the diamond, which fetched the highest price per carat for [...]
Rare blue diamond sells for record $9.5 million
By Stephanie Nebehay
GENEVA (Reuters) – A flawless vivid blue diamond weighing 7.03 carats sold Tuesday for a record 10.5 million Swiss francs ($9.49 million), the highest price paid per carat for any gemstone at auction, Sotheby’s said.
The rectangular-shaped blue stone, the rarest to enter the international market this year, went to an anonymous buyer bidding [...]
Rare blue diamond sells for record $9.5 million in Geneva
GENEVA (Reuters) – An internally flawless vivid blue diamond weighing 7.03 carats sold for a record 10.5 million Swiss francs ($9.49 million) including buyer’s commission at auction on Tuesday, Sotheby’s said.
The perfect stone, the rarest to enter the international market this year, was the centerpiece of its semi-annual sale in Geneva, conducted by David Bennett, [...]
UPDATE 2-Blue Nile beats, helped by lower diamond prices
* Q1 EPS 13 cents vs Street’s 10 cents
* Q1 sales down 11 pct
* Anticipates “further improvement” in sales in 2009
* Shares up 3 percent in light trade (Adds estimates, update shares)
SAN FRANCISCO, May 7 (Reuters) – Online jewelry retailer Blue Nile Inc’s (NILE.O) posted better-than-expected quarterly net profit [...]
UPDATE 2-Blue Nile beats, helped by lower diamond prices
* Q1 EPS 13 cents vs Street’s 10 cents
* Q1 sales down 11 pct
* Anticipates “further improvement” in sales in 2009
* Shares up 3 percent in light trade (Adds estimates, update shares)
SAN FRANCISCO, May 7 (Reuters) – Online jewelry retailer Blue Nile Inc’s (NILE.O) posted better-than-expected quarterly net profit [...]
UPDATE 2-Blue Nile profit below view, no outlook; shares fall
* Q4 net EPS $0.24 vs Wall St view $0.34 * Q4 sales $85.8 mln vs year-ago $111.9 mln * No financial outlook, cites economy * Shares fall 9.7 pct after-hours (Recasts with estimates, adds CEO comment, background) NEW YORK, Feb 18 (Reuters) – Blue Nile Inc (NILE.O) posted a lower quarterly profit [...]
UPDATE 3-Blue Nile profit below view, no outlook; shares fall
* Q4 net EPS $0.24 vs Wall St view $0.34 * Q4 sales $85.8 mln vs year-ago $111.9 mln * No financial outlook, cites economy * Shares fall 9.7 pct after-hours (Adds analyst comment, CEO, CFO comments) NEW YORK, Feb 18 (Reuters) – Blue Nile Inc (NILE.O) posted a lower quarterly profit that missed [...]
Blue Nile profit below view, no outlook; shares fall
NEW YORK (Reuters) – Blue Nile Inc (NILE.O) posted a lower quarterly profit that missed expectations as sales fell, and said the economic downturn prevented it from giving a financial outlook, sending its shares down 9.7 percent.
Jewelry retailers like Blue Nile, and others such as Zale Corp (ZLC.N), Finlay Enterprises (FNLY.OB) and Tiffany & Co [...]
UPDATE 2-Blue Nile posts lower Q3 net, withdraws 08 outlook
* Q3 EPS 15 cents vs Wall Street view 16 cents
* Q3 sales $65.4 million versus Street $68.5 million
* Offers no 2008 outlook, citing “lack of visibility”
* Shares close lower, fall 8 pct after hours (Recasts, adds CEO quotes from conference call, detail on diamond prices, updates share price, adds [...]