US gold falls on dollar rise, weak jewelry demand
NEW YORK, June 10 (Reuters) – U.S. gold futures turned lower on Wednesday, erasing initial gains, as a dollar bounce and signs of lagging physical jewelry demand prompted investors to take profits. For the latest detailed report, click on [GOL/]. GOLD * August GCQ9 down $1.80 at $952.90 an ounce at 10:23 a.m. EDT [...]
Tiffany profit falls; stock down as outlook same
By Aarthi Sivaraman
NEW YORK (Reuters) – Tiffany & Co (TIF.N) posted a 62 percent drop in quarterly earnings on Friday, worse than Wall Street had expected, as jewelry sales languished in the recession.
The upscale retailer said sales trends had improved slightly in May, but not enough to boost its weak full-year outlook as rough economic [...]
Tiffany profit falls; stock down as outlook same
By Aarthi Sivaraman
NEW YORK (Reuters) – Tiffany & Co (TIF.N) posted a 62 percent drop in quarterly earnings on Friday, worse than Wall Street had expected, as jewelry sales languished in the recession.
The upscale retailer said sales trends had improved slightly in May, but not enough to boost its weak full-year outlook as rough economic [...]
UPDATE 4-Tiffany profit falls; stock down as outlook same
* Q1 EPS $0.20; Wall Street view $0.21
* Q1 sales down 22 pct to $523.1 million
* Leaves weak full-year EPS view unchanged
* Shares down 3.3 percent (Adds analyst and executive comments, background; updates share activity)
By Aarthi Sivaraman
NEW YORK, May 29 (Reuters) – Tiffany & Co (TIF.N) posted a [...]
UPDATE 4-Tiffany profit falls; stock down as outlook same
* Q1 EPS $0.20; Wall Street view $0.21
* Q1 sales down 22 pct to $523.1 million
* Leaves weak full-year EPS view unchanged
* Shares down 3.3 percent (Adds analyst and executive comments, background; updates share activity)
By Aarthi Sivaraman
NEW YORK, May 29 (Reuters) – Tiffany & Co (TIF.N) posted a [...]
Costco net falls on weak discretionary spending
(Reuters) – Costco Wholesale Corp on Thursday said its third-quarter net profit fell 29 percent, as shoppers stuck to buying basics like food and medicine, and pared back discretionary purchases of clothes or jewelry.
Costco, the No.1 U.S. warehouse club, said its profit was $209.6 million, or 48 cents a share, for its fiscal third quarter [...]
US gold falls on stop-loss orders, stock gains
NEW YORK, May 18 (Reuters) – New York gold futures dropped ОФИС-МЕНЕДЖЕР percent on Monday as a bounce in the stock market lessened safe-haven demand, triggering stop-loss orders and profit taking. For the latest detailed report, click on [GOL/]. GOLD * Gold for June delivery GCM9 down $10.20, or СЕКРЕТАРША percent, at $921.10 an [...]
US gold falls on stop-loss orders, stock gains
NEW YORK, May 18 (Reuters) – New York gold futures dropped СЕКРЕТУТКА percent on Monday as a bounce in the stock market lessened safe-haven demand, triggering stop-loss orders and profit taking. For the latest detailed report, click on [GOL/]. GOLD * Gold for June delivery GCM9 down $10.20, or ОФИС-МЕНЕДЖЕР percent, at $921.10 an [...]
UPDATE 2-HSNi Q1 profit falls, but namesake division holds up
* Q1 net sales down 7 pct
* Sales HSN segment down less than СЕКРЕТУТКА pct
* Says new brands drawing traffic (Adds CEO comments, updates stock movement)
By Nivedita Bhattacharjee
BANGALORE, May 7 (Reuters) – Home Shopping Network operator HSN Inc (HSNI.O) posted a fall in quarterly profit, but sales [...]
Gold steadies, ETF falls from record
By Miho Yoshikawa
TOKYO (Reuters) – Gold hovered near a one-week low on Friday, pressured by firming equities, while dealers took a drop from a record high in the world’s largest gold-backed exchange-traded fund as a sign investor demand may be receding.
Holdings of New York’s SPDR Gold Trust fell 0.7 percent from the record high it [...]