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Signet Jewelers Ltd. said its fiscal second-quarter revenue soared 39%, driven by a sales boost from its acquisition of Zale Corp. earlier this year.
Q2 EPS rose 16% to 96 cents, beating by 11 cents. Sales grew 7% to $993 mil, topping.
A quiet day of rest and consolidation, consistent with a serious rally. The S&P 500 finished flat while the NASDAQ fell 0.02%.
U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.
The following audio is from a conference call that will begin on August 27, 2014 at 08:30 AM ET.
Financial markets in the U.S. drifted lower in early trading Wednesday, a day after the Standard & Poor's 500 index closed above 2,000 points for the first time.
I cover breaking market news and, separately, personal finance for millennials. Got my training on the beat from TODAY show financial editor Jean Chatzky along with my own cornucopia of student loans.
U.S. stocks are opening slightly higher, a day after the Standard & Poor's 500 index had its first close above 2,000 points.
We have re-imagined our design in a bold new way. Before we roll it out for everyone, we are giving select readers an opportunity to try out the new design.
Upscale jeweller Tiffany & Co raised its full-year profit forecast for a second time following a better-than-expected quarterly profit, driven by strong sales in the Americas and Asia-Pacific regions.
U.S. stock futures pointed to soft gains on Wednesday, with the S&P 500 poised to stay above 2,000 a day after it closed above that milestone for the first time.
U.S. stock-index futures were little changed after the Standard & Poor's 500 Index closed above 2,000 for the first time.
Reporters learned from the Muse Economic Zone on the 22nd that a new jade market will be established at the Muse Central Economic Zone that borders Ruili in 2015.
So far, 1.11 million shares of Tiffany's have exchanged hands as compared to its average daily volume of 782,000 shares.
The results did not hit Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.
Police are looking for three suspects involved in a jewelry store smash and grab in Virginia Beach Tuesday morning.
With the second quarter, we have achieved 18 consecutive quarters of increased operating performance, attributed to the disciplined execution of our growth strategies and supported by powerful innovation and compelling owned and licensed brands.
Updated: Thu Aug 28, 2014 06:05 am
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