Business Insider reported Tiffany's (NYSE:TIF) earnings looks glittery on the surface, with a 63 percent jump in its third-quarter results.
CNBC reports Tiffany's (NYSE:TIF) shares rose eight percent as sells rose overcoming high gold and diamond prices.
The diamond market is raging back to life on the back of robust demand from China and India. In the west, diamond sales are rebounding since the economic collapse. Investing in the diamond market may seem challenging as many of the most power mining firms are privately owned. However, there are ways to enter into this lucrative market.
Tiffany& Co. (NYSE:TIF) announced that two month sales, ending Dec 31, 2010, went up 11%.
Tiffany & Co. (NYSE:TIF) reports their Q3 earning results.
Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
Friday, December 2, 2011