Luxury
Luxury Articles
The list of people who gave gifts of over $1 million includes 513 for 2011, according to the Chronicle of Philanthropy. That may not seem like many unless it is put in the context of how much money...
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Asking a technician or chartist about directional movement is often mind-numbing for fundamental investors. Basing future price movement prediction solely on the past without a care about the...
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Gold continues to take it on the chin. It all depends upon what you want to blame. Dennis Gartman, the 50-day moving average test, or the rising U.S. Dollar against the greenback. If you are a...
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How wealthy does someone have to be to be wealthy? Not too much, according to a new poll by Gallup. The data show that Americans, who the government says have a median household income...
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J. C. Penney Company, Inc. (NYSE: JCP) is a company which many investors and outsiders expect to be in a transformation. The first such addition under new management is a stake and investment in...
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Michael Kors Holdings Limited has filed its paperwork with the SEC to conduct a U.S. initial public offering. The luxury goods and apparel maker sells to the jet-set crowd. The IPO paperwork...
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Tiffany & Co. (NYSE: TIF) is expected to report earnings Tuesday. If there is one barometer on what the 1% are willing to spend money on, Tiffany may be it in the sector of luxury retailers....
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With one holiday down and another on deck, the coming week offers something of a breather. Most quarterly earnings are out already, but there are several due next week that could be interesting. The...
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A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. (NYSE: SKS),...
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Leveraged ETFs and ETNs are not new to most investors. They are also not new in all cases when it comes to precious metals. You are likely familiar with the SPDR Gold Shares (NYSE: GLD) for...
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Paper money was supposed to be dead, the dollar was supposed to implode, and hyperinflation from all of the bailout money and deficit spending was supposed to eat us alive. It was the perfect storm...
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British high-end clothier Burberry PLC reported that sales for its first six months of the year rose 30% on strong demand for its signature trenchcoats and accessories. The company noted that its...
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The rich are apparently not proving to be immune to the economic slowing we have seen in the past few months. That insatiable appetite for more luxury goods appears to be slowing. The price drop of...
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On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day of margin calls and on...
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Athletic apparel maker Lululemon-Athletica Inc. (NASDAQ: LULU) reported earnings this morning for its second quarter ending on July 31st. The company posted diluted EPS of $0.26, compared with EPS of...
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