Tiffany & Co (TIF.N)
24 Oct 2016
* Tiffany & Co - Effective as of Oct 7, 2016, maturity for each of credit agreements entered on Oct. 7, 2014, extended for 1 additional year - SEC filing
NEW YORK Costco Wholesale Corp should hand over $5.5 million to compensate Tiffany & Co for selling counterfeit Tiffany diamond engagement rings, a federal jury said on Thursday.
NEW YORK, Sept 30 Costco Wholesale Corp should hand over $5.5 million to compensate Tiffany & Co for selling counterfeit Tiffany diamond engagement rings, a federal jury said on Thursday.
* Agreed to provide new CFO Erceg with a base salary of $850,000 and one-time payment of up to $1.5 million and equity and cash incentive awards Source text: [http://bit.ly/2cFQyyC] Further company coverage:
* Mark Erceg's appointment will become effective on October 18, 2016
* On Aug 26, registrant issued $100 million of 0.78 percent senior notes due August 26, 2026 to an affiliated co of metropolitan life insurance company Source: (http://bit.ly/2bYJAVw) Further company coverage:
* Shares rise 8 pct (Adds comment, background, updates shares)
* Saw uptrend in the UK immediately following the Brexit vote - conf call
* Tiffany reports second quarter results: full year earnings outlook is maintained
Aug 25 Tiffany & Co's second-quarter comparable sales declined more than analysts expected due to lower tourist traffic and a strong dollar that eroded revenue from markets outside the United States.
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