Jewelry Stores: Signet Jewelers (NYSE:SIG), Tiffany & Co. (NYSE:TIF), Zale Corporation (NYSE:ZLC), Blue Nile (NASDAQ:NILE)

Posted by on Mar 06, 2014

UBS AG lowered shares of Signet Jewelers Ltd (NYSE:SIG) from a buy rating to a neutral rating in a report released on Monday. Signet Jewelers Ltd. (NYSE:SIG) stock opened at $98.21 in last session, and closed at $97.29, while the day range of Signet Jewelers Ltd. (NYSE:SIG) stock is $96.92 – $98.21. The stock showed a positive weekly performance of 1.77%.

Tiffany & Co. (NYSE:TIF) was the recipient of some unusual options trading activity on Tuesday. Traders acquired 9,849 put options on the company. Tiffany & Co. (NYSE:TIF) stock opened at $93.31, in last session and closed at $93.06, by losing -0.30%. The 52 week range of Tiffany & Co. (NYSE:TIF) is $67.75 – $9397. Company’s market capitalization is $11.92billion.

Signet Jewelers’ $1.4 billion acquisition of Zale Corporation (NYSE:ZLC) announced last week signals the emergence of another retail giant in the diamond and jewelry market; not that the two companies were such small fish until now. Zale Corporation (NYSE:ZLC) stock advanced 0.37% and finished the last session at $21.75. The EPS of the stock remained 0.07. Company’s market capitalization is $714.46million.

Blue Nile Inc (NASDAQ:NILE) will present at the Morgan Stanley Technology, Media & Telecom Conference in Palace Hotel, San Francisco. The event is scheduled to begin at 4:55 PM ET March 3, 2014. Blue Nile Inc (NASDAQ:NILE) stock opened the session at $36.43, and closed the session at $36.27. The 52 week range of the Blue Nile Inc (NASDAQ:NILE) stock remained $30.62 – $49.13 and the day range was $35.95 – $36.67.

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