Tiffany’s shiny surprise

In this installment of Investor Beat: shares of the famed jeweler have a new luster, after the company reports higher-than-expected quarterly earnings.

By Motley Fool Investor Beat May 28, 2013 4:49PM
Shares of Tiffany (TIF) shined on Tuesday after the jewelry retailer reported higher-than-expected first-quarter earnings.   Same-store sales were up 20% in Japan and 8% overall.  
 
Shares of Tiffany hit an all-time high on the news.  In our lead story on Investor Beat, Motley Fool analysts Jason Moser and Matt Koppenheffer discuss the future of the luxury retailer.
Image: Woman wearing a diamond necklace © Image Source, CorbisAlso making news during Tuesday’s market action, and covered in Investor Beat: 
  • Shares of EnerNoc (ENOC) and Exelon (EXC) lose energy in the wake of analyst downgrades.
  • Netflix (NFLX) falls after releasing the fourth season of Arrested Development.
  • Beazer Homes (BZH) benefits from rising home prices.
And we close Tuesday’s episode with two stocks to watch.  Jason’s got United Natural Foods (UNFI) on his radar.  Jason is watching Costco (COST).

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1Comment
May 29, 2013 12:01AM
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Did Newt make another purchase for his lemur-eyed lovely?
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