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Why Tiffany & Co (TIF) Stock Is Rising Today

2014-10-16 22:01:28| Jewelry - Topix.net

The firm sees the declining price of precious metals as a boon for Tiffany's bottom line in the near term and forsees an increase in gross profit margins as a result of the price drop. The high end jewelry retailer is scheduled to report its quarterly earnings results on November 25 with analysts expecting earnings of 77 cents per diluted share on revenue of $972.2 million.

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