International Business News - ZLC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Gold prices fell Wednesday on investors' continuing concerns about a drop in demand, but other commodities rose, buoyed by a sustained advance on Wall Street. http://www.ibtimes.com/articles/20081126/gold-prices-fall-other-commodities-rise.htm Wed, 26 Nov 2008 17:53:19 EST Shares of jewelers slipped on Tuesday after Zale Corp. posted a larger quarterly loss and Signet Jewelers Ltd. swung to a third-quarter loss, offering evidence that sales of jewelry are slowing as the economy weakens. http://www.ibtimes.com/articles/20081125/sector-snap-jewelers-lose-luster-and-decline.htm Tue, 25 Nov 2008 12:39:47 EST Among the earnings stories for Tuesday, Nov. 25, from AP Financial News: DALLAS (AP)--Zale Corp. said Tuesday it had a loss of $45.3 million in its fiscal first quarter and withdrew its profit guidance for the full year, saying it cannot reliably gauge how the all-important holiday shopping season will go. http://www.ibtimes.com/articles/20081125/earnings-roundup-zale-chicos-fas.htm Tue, 25 Nov 2008 10:52:04 EST Zale Corp. said Tuesday it lost $45.3 million in its fiscal first quarter and withdrew its profit guidance for the full year, saying it cannot reliably gauge how the all-important holiday shopping season will go. http://www.ibtimes.com/articles/20081125/zale-1q-loss-widens-withdraws-annual-forecast.htm Tue, 25 Nov 2008 08:19:16 EST Zale Corp. reports its fiscal first-quarter results on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081124/earnings-preview-zale-faces-tough-fiscal-1st-qtr.htm Mon, 24 Nov 2008 11:38:04 EST With Black Friday just around the corner, two new forecasts Wednesday pointed toward a tough holiday season for retailers and offered evidence that consumers simply may not be in a spending mood. http://www.ibtimes.com/articles/20081119/retail-shares-drop-sharply-as-market-woes-linger.htm Wed, 19 Nov 2008 18:16:57 EST This holiday season, women may be more likely to wind up with a partridge in a pear tree than five gold rings. As the luxury jewelry market loses its luster, jewelers are looking toward the crucial holiday season--a time for gifts as well as a popular time to get engaged--with trepidation. http://www.ibtimes.com/data/articleimgs/166130-meltdown-jewelry.jpg http://www.ibtimes.com/articles/20081103/sales-of-high-end-jewelry-lose-their-luster.htm http://www.ibtimes.com/articles/20081103/sales-of-high-end-jewelry-lose-their-luster.htm Mon, 03 Nov 2008 14:31:31 EST Shares of jewelers mostly advanced after the Federal Reserve cut a key interest rate by half a point to try and boost the economy and avoid a prolonged recession. http://www.ibtimes.com/articles/20081029/shares-of-jewelers-mainly-rise-after-fed-cuts-rate.htm Wed, 29 Oct 2008 14:41:57 EDT Shares of jewelers slipped Monday as credit concerns knocked the broader markets sharply lower and the Dow Jones industrial average plunged 800 points. http://www.ibtimes.com/articles/20081006/sector-snap-jewelers-follow-wall-street-lower.htm Mon, 06 Oct 2008 15:04:10 EDT Shares of jewelers traded mixed on Friday after the U.S. House of Representatives passed a $700 billion financial rescue package. The 263-171 vote by the House sends the Senate-passed version to the White House for President Bush's signature. The measure allows the Treasury Department to buy bad debt from certain lending institutions. http://www.ibtimes.com/articles/20081003/jewelers-mixed-after-house-oks-rescue-bill.htm Fri, 03 Oct 2008 13:52:06 EDT Shares of jewelry companies fell Monday, following the broader market lower after the House defeated a $700 billion emergency rescue package and fear swept across Wall Street. http://www.ibtimes.com/articles/20080929/jewelers-decline-after-house-rejects-bailout-bill.htm Mon, 29 Sep 2008 15:34:09 EDT While Zale Corp. is making changes to overhaul its business, one analyst said its turnaround plan still "requires a lot of things to click," following the jewelry retailer's analyst meeting. http://www.ibtimes.com/articles/20080911/zale-making-changes-to-business-analyst-says.htm Thu, 11 Sep 2008 11:25:16 EDT In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies. http://www.ibtimes.com/data/articleimgs/121104-retail-discounts.jpg http://www.ibtimes.com/articles/20080902/retailers-slash-prices-but-at-what-cost.htm http://www.ibtimes.com/articles/20080902/retailers-slash-prices-but-at-what-cost.htm Tue, 02 Sep 2008 17:04:26 EDT Analysts on Friday remained upbeat on Zale Corp.'s progress in reducing inventory, after the jewelry retailer posted a smaller-than-expected fiscal fourth-quarter loss and forecast fiscal 2009 profit above analyst estimates. http://www.ibtimes.com/articles/20080829/analysts-tout-zales-4th-quarter-results.htm Fri, 29 Aug 2008 13:32:46 EDT ___ Spring's economic rebound unlikely to last http://www.ibtimes.com/articles/20080828/business-highlights.htm Thu, 28 Aug 2008 18:28:10 EDT Wall Street barreled higher Thursday after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial average jumped more than 200 points. http://www.ibtimes.com/articles/20080828/stocks-jump-on-better-than-expected-gdp-jobs-data.htm Thu, 28 Aug 2008 17:02:50 EDT Positive outlooks from jewelry retailers suggest confidence in the coming months, despite a softening U.S. economy that has many Americans holding back on discretionary spending. http://www.ibtimes.com/articles/20080828/jewelers-offer-sparkling-outlooks.htm Thu, 28 Aug 2008 15:48:21 EDT Rising sales in Asia and Europe boosted Tiffany & Co.'s second-quarter profit on Thursday, signaling that strong international demand for jewelry is helping offset U.S. economic weakness. http://www.ibtimes.com/data/articleimgs/117858-earns-zale.jpg http://www.ibtimes.com/articles/20080828/jewelers-look-abroad-to-boost-sales-as-us-slows.htm http://www.ibtimes.com/articles/20080828/jewelers-look-abroad-to-boost-sales-as-us-slows.htm Thu, 28 Aug 2008 16:35:42 EDT Among the earnings projection stories for Thursday, Aug. 28, from AP Financial News: NEW YORK (AP)--Luxury goods retailer Tiffany & Co. on Thursday raised its 2008 profit outlook on strong sales in Europe and Asia and expected improvement in the U.S. http://www.ibtimes.com/articles/20080828/outlook-roundup-tiffany-sears.htm Thu, 28 Aug 2008 11:00:08 EDT Specialty jeweler Zale Corp. on Thursday forecast a fiscal 2009 profit above analyst estimates, but warned that same-store sales may decline. For the full year ended July 31, 2009, the company expects earnings per share between $1.10 and $1.25. Analysts polled by Thomson Reuters expect 90 cents per share. http://www.ibtimes.com/articles/20080828/zale-forecasts-fiscal-2009-profit-above-street.htm Thu, 28 Aug 2008 08:57:28 EDT