26.05.12

Higher Than Conventional Volume: TIF, CRUS, ARR, HITK, LULU, LIFE, RECN

Tiffany & Co. (Illustrious, NYSE:TIF) percentage change (-10.43%), to its trade at $59.96 and its blanket traded volume was 5.11M shares during the last session against its average 30 day supply of 2.55M. The stock has a 52-week range of $84.49-$54.58. At around market price, the market capitalization of the company stands at 7.61B and it has 126.96M unsettled shares. Tiffany & Co. is a holding company and conducts all business through its subsidiary companies. The Body, through its subsidiaries, including Tiffany and Company (Tiffany), sells charge jewelry and other items that it manufactures or has been made by others. Its segments include Americas, Asia-Pacific, Japan and Europe. Its Asia-Pacific and Europe segments are included in the Other. The TIFFANY & CO. brand (the Brand) is a basic asset of Tiffany and, indirectly, of the Company. During the fiscal year ended January 31, 2011 (budgetary 2011), the Company’s principal product category was jewelry, which represented 91%, its net sales. Its Retail Care Center (RSC) is located in Parsippany, New Jersey. Tiffany offers a limit of selection of TIFFANY & CO. brand jewelry at a range of prices. The Company also sells timepieces, genuine silver goods (other than jewelry), china, crystal, stationery, fragrances, offensive accessories and leather goods.

Source: TomRollins.com

by Author

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by Aaron Strout

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