Diamonds Lose Their Sparkle for Tiffany Investors

Tiffany & Co., the world’s second-largest luxury jewelry retailer, cut its annual profit forecast for the third time this year after higher diamond costs ate into margins and customers curbed spending in weak economies.

Sales Check With Hudson's Bay CEO Jerry Storch
25:41 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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