Tiffany’s U.S. Customers Battening Down the Hatches
January 14, 2009 at 17:23 PM EST
High-end jeweler Tiffany & Co. (TIF) had been fairly recession-resistant through the first three-quarters of 2008 and its stock rose from its January low of $34 per share to nearly $50 in the summer. Even with growing signs that the economy was slowing and that retail might struggle for the next few quarters, Tiffany’s [...]