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Why It’s A Risky Time For Diamond Giant Graff To IPO In Hong Kong
Dec. 02, 2011 03:26PM PST
Gem InvestingBusiness Insider reported Tiffany’s (NYSE:TIF) earnings looks glittery on the surface, with a 63 percent jump in its third-quarter results.
Business Insider reported Tiffany’s (NYSE:TIF) earnings looks glittery on the surface, with a 63 percent jump in its third-quarter results.
As quoted in the market news:
But even the news that Tiffany’s same-store sales climbed by 16 percent (excluding currency fluctuations) in the third quarter – at a time when other retailers have a tough time topping 4 percent or 5 percent – wasn’t enough to allow the stock to shine.