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.
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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)