Tiffany & Co (TIF.N)
29 Apr 2016
* CEO Frederic Cumenal's 2015 total compensation was $9.4 million versus $8.8 million in 2014 - sec filing
* Says assuming that softness in Hong Kong will continue through 2016 - Conf call
* Shares rise as much as 4 pct (Adds details from conference call, analyst comment; updates shares)
* Tiffany reports full year and fourth quarter 2015 results; management comments on sales and earnings outlook
March 18 Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
March 15 U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC reported a second straight quarterly drop in sales at its established stores amid a slowdown in spending on high-end goods.
(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) WEEK AHEAD The Federal Reserve's policy meeting next week will be a big event for equity, currency and bond markets. With traders widely expecting the Fed not to take any action next Wednesday, investors will look for the central bank's view on the e
(The following statement was released by the rating agency) NEW YORK, February 01 (Fitch) Fitch Ratings has downgraded the Long-term Issuer Default Rating (IDR) for Tiffany & Co. (Tiffany) to 'BBB+' from 'A-'. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. KEY RATING DRIVERS The downgrade reflects Fitch's changing expectations for Tiffany's medium term EBITDA trends given signs of a luxury spending slowdown in the U.S. and other key markets as well
* Shares touch near 3-yr low (Adds details, background; updates shares)
Jan 19 Upscale jeweler Tiffany & Co's holiday season sales fell 6 percent to $961 million, mainly hurt by a drop in tourist spending in the Americas.
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