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.

Why Carnival Is Raising Its Profit Forecast
55:31 - Carnival raised its profit forecast for the fiscal year, gaining confidence that passengers are willing to spend more to get some R&R. Bloomberg's Chris Palmeri reports on "Bloomberg Markets." (Source: Bloomberg)
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