My fiance, my son and my son in law bought all the jewelries from Blue Nile, 3 party web site and jewelries whole seller. The qualities are darn good that are impeccable near perfect. We did not even think about shopping on Tiffany whatsoever.
EBAY is an auction web site. Tiffany now places their jewelries on EBAY website for bidding. No wonder the CEO says he expects the continuation of margin squeeze.
well short of both the $0.49 a share it served up a year earlier and the $0.50 a share that Wall Street pros were targeting. Margins will shrink (which is why it's a good thing you didn't pull the trigger on those confetti shooters).
Best Buy Isn't Dead, but It Is Dying
The consumer electronics superstore chain's shares slumped after it reported a mixed quarter, and its long-term outlook isn't very encouraging.
Things aren't going so well in Circuit City's waiting room. Shares of Best Buy (NYSE:BBY) fell 7% Tuesday after the consumer electronics retailer followed up mixed financials with an uninspiring near-term outlook.
The first quarter of Best Buy's fiscal 2017 wasn't horrible. Revenue slid 1.4% to $8.4 billion, but that was the handiwork of an 8% decline internationally and the closing of several namesake superstores and Best Buy Mobile locations.
Store-level comps dipped just 0.1% -- but that's a metric worth digging into deeper. Best Buy divides its online sales -- up 24% and now accounting for 10.6% of its domestic revenue versus 8.5% a year ago -- into its existing store sales to pad comps. That's not cheating. A growing number of retailers do this, and many online sales at Best Buy originate at its stores or consist of online orders that are picked up a physical storefront. However, we still can't assume that store-level activity is merely flat.
The news gets better on the way down to the bottom line, with adjusted earnings up 10% to $144 million. Aggressive share buybacks over the past year are pumping up its profitability on a per-share basis; EPS is up 19% to $0.44 a share.
Best Buy exceeded analysts' expectations for the quarter, and expanding margins on flat sales are certainly the type of numbers that confetti shooters were made for. However, then we get to Best Buy's take on the current quarter. It sees another period of flat comps with international sales dragging down overall performance. It sees $8.35 billion to $8.45 billion in revenue for the fiscal quarter that closes at the end of July, 1% to 2% below the prior fiscal second quarter's tally. The real dagger is its profit outlook. It expects to clock in with adjusted earnings of between $0.38 a share and $0.42
Mark my post.
Don't touch this stock for more than $27.
Be prepared BBY to cancel its dividend.
If you pay BBY anything more than $30, you are a big loser.
Be careful of catching a falling knife from here.
Like I said, anyone who wants to shop electronic items, they go to Amazon. BBY is in a very tough market environment.
I think BBY can easily go below $30.
Mon, May 23, 2016, 3:56pm EDT - US Markets close in 4 mins
How Did the US Airline Industry Perform in 1Q16?
(Continued from Prior Part)
Delta Air Lines (DAL) has a “buy” rating of 93.3% by the analysts tracking the stock, the highest among all the airlines. Delta is followed by Spirit Airlines (SAVE), with 80% of the analysts recommending a “buy” and 20% recommending a “hold.”
Plus, 73% of analysts recommend a “buy” on American Airlines (AAL) while 27% recommend a “hold.” United Airlines (UAL) also has 71% analysts recommending a “buy” and 29% recommending a “hold.” Both Southwest Airlines (LUV) and JetBlue (JBLU) have 67% of the analysts recommending a “buy” and 33% recommending a “hold.” Alaska Air Group (ALK) has 50% recommending a “buy” and 50% recommending a “hold.” None of the analysts have a “sell” rating for any of the above airlines.
Allegiant Travel (ALGT) is the only airline to have a “sell” rating from a few analysts. Of these analysts, 46% recommend a “buy” on ALGT, 46% recommend a “hold,” and 8% recommend a “sell.”
According to the Bloomberg consensus 12-month target prices, Delta Air Lines currently has the highest return potential of 45%, followed closely by UAL at 43%. The next in line is American Airlines with a 36% return potential, followed by Allegiant Travel
Look at Ford. F beat earning and reaffirm next quarter guidance. Stock drops. Imagine if TIF misses earning and lower the guidance.
Sentiment: Strong Sell
TIF is re testing its 52 wks low.
Sentiment: Strong Sell