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De Beers diamonds on glass table
De Beers Rough Prices Decline 5% in 2019
A drop in rough-diamond prices and a sales shift tolower-value items weighed on De Beers’ profitability in the second half,according to executives at parent company Anglo American. The miner’s rough-price index fell around 5% year onyear for the first...
Mining Dec 16, 2019 Rapaport News
De Beers for the NewsBrief
De Beers Sales Slump Amid Market Weakness
De Beers’ rough-diamond sales slowed in January as adisappointing holiday season piled further pressure on the midstream. Proceeds fell to $505 million at the first sales cycle ofthe year, 25% lower than the $672 million it sold...
Rough Markets Jan 29, 2019 Joshua Freedman
De Beers 150
De Beers Raises Prices at $520M Sale
De Beers’ April sight closed with a value of $520 millionamid concerns among manufacturers that higher rough prices could affect profitmargins.De Beers raised prices by 1% to 2% from the previous salefor larger size categories, sightholders told...
Rough Markets Apr 17, 2018 Joshua Freedman
De Beers Diamond Sorting
Sightholders Reject Goods at $600M De Beers Sight
De Beers December sight closed with an estimated value of $600 million. Minor adjustments to prices and assortment qualities were reported in different categories, but no significant changes were noted. Sightholders and brokers reported that a large...
Rough Markets Dec 16, 2014 Ronen Shnidman
Asian Star
Asian Star 1Q Revenue +32%, Profit +56%
Asian Star Company Limited reported that its revenue grew 32 percent year on year to $139.4 million (INR 8.54 billion) for the quarter that ended on June 30, 2014.Revenue growth at the India-based diamond and...
Manufacturing Aug 13, 2014 Ronen Shnidman
Lampert Says Sears Reinvention Is Ahead of the Curve as Others Struggle
Sears Holdings reported that sales declined 13.6 percent year on year to $10.6 billion for the fourth quarter that ended on February 1 and included the Christmas period. Gross margin dropped to 23.4 percent from...
Retail Feb 27, 2014 Jeff Miller
tiffany small
Sterne Agee Upgrades Tiffany & Co. to 'Buy'
Sterne Agee analyst Ike Boruchow upgraded shares in Tiffany & Co. to ''Buy'' from ''Neutral'' with a target price of $86, citing a highly visible margin recapture opportunity in the upcoming 18 to 24 months, a rapidly growing international platform,...
Financial-Legal Oct 10, 2013 Jeff Miller
tiffany small
Sterne Agee Raises Earnings Outlook for Tiffany & Co.
Sterne Agee analysts Ike Boruchow and Tom Nikic raised their earnings outlook for Tiffany & Co. as lower material costs and improving sales for the brand's silver business are expected to boost...
Financial-Legal Aug 15, 2013 Jeff Miller
HSN's Profit Jumps, Jewelry Sales Drop
Revenue at HSN Inc. rose 6 percent year on year to $812.6 million for the second quarter that ended on June 30. HSN's sales climbed 5 percent to $526.2 million, while Cornerstone's revenue jumped 8 percent to $286.4 million....
Financial-Legal Aug 02, 2013 Jeff Miller
Signet Jewelers
Signet's 2Q Sales +11%, Profit +71% to $66M
Signet's second-fiscal-quarter group revenue rose 10.8 percent year on year to $797.6 million while cost of sales rose only 4.2 percent to $502.8 million for the three months that ended on July 30, 2011. Same-store...
Financial-Legal Aug 25, 2011 Jeff Miller
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