Tiffany tops Street 3Q forecasts

Economy
[ad_1] NEW YORK (AP) — Tiffany & Co. on Wednesday reported fiscal third-quarter earnings of $100.2 million. The New York-based company said it had profit of 80 cents per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. The luxury jeweler posted revenue of $976.2 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $960 million. Tiffany shares have risen 21 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 17 percent. The stock has climbed 20 percent in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a…
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Look out for these elite running stars in Tembisa Street Mile

Look out for these elite running stars in Tembisa Street Mile

Sport
[ad_1] Though the race does not attract the largest of mass fields, with a limit of 1 500 entrants, organisers of the TomTom Tembisa Street Mile have again outdone themselves by putting together one of the most competitive elite line-ups in the country. The mini road running festival, which also hosts age group mile (1.609km) races and a mass 10km event on Sunday, will see many of the nation’s top distance runners chasing a prize purse of more than R70 000. Here are some of the main contenders. Mile (men): Jerry Motsau A former World Student Games 1 500m bronze medallist, Motsau returns to defend the title he won last year when he set a race record of 4:06. The fastest 1 500m runner in the country this season (3:38.11),…
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Street art not just for the boys, Taupō’s Graffitiato Festival shows

Street art not just for the boys, Taupō’s Graffitiato Festival shows

Lifestyle
[ad_1] REBECCA FALCONER Last updated 07:52, October 22 2017 Robert Steven/STUFF Auckland-based muralist Adore (aka Emily Gardener) prepares for three days of painting at the Graffiato festival in Taupō over Labour weekend. Street art has a reputation for being something guys do.But girl power is in charge at this year's Graffiato Festival, an event that began in 2011 as a celebration of street art and an homage to its graffiti roots.Seven of the 10 artists this year are women, festival curator Ross Liew said. Robert Steven/STUFF Christie Wright gets her paints ready for her street art piece at the Graffiato street festival in Taupō. "I started putting together the programme of artists and I realised that the first ones I was confirming were about a half a dozen females," he said on Saturday."When this event…
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This Is the Week Wall Street Went Nuts Over Cryptocurrencies

This Is the Week Wall Street Went Nuts Over Cryptocurrencies

Tech
[ad_1] Wall Street banks that weren't already on the bitcoin bandwagon appear to be piling on, or least eyeing seats, after the cryptocurrency surged to all-time highs this week on the way to $6,000. From a report: Analysts are working to keep up with demand from clients for information. UBS and Citigroup published extensive explainers on blockchain technology, while senior executives at JPMorgan Chase warmed to the cryptocurrency during the bank's third-quarter earnings call. The digital currency has risen more than fivefold after trading at less than $1,000 as recently as December, breaking the $5,000 mark this week and already targeting the next thousand-dollar level. Throughout its rise, the cryptocurrency shrugged off tighter regulations, feuding factions and warnings from the likes of JPMorgan's Jamie Dimon of fraud and an eventual…
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