Tiffany Tumbling 11% On Disappointing Holiday Sales

January 13, 2015   |   January 2015 Bond Updates
It might have felt like everyone in your Facebook feed got engaged over the holidays -- and with a third of all engagements happening between Thanksgiving and New Year's, this feeling was probably more than just the Baader-Meinhof phenomenon happening -- but one thing is clear: promises of forever weren't getting sealed with many little blue boxes. Luxury jeweler Tiffany & Co. reported Monday morning that it saw a dip in holiday sales, a decline that is leading the retailer to reduce its full-year 2014 earnings guidance and sending Tiffany shares for a more-than 11% tumble in early Monday trading.

View more at: http://www.forbes.com/sites/maggiemcgrath/2015/01/12/tiffany-tumbling-11-on-disappointing-holiday-sales/
 
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