Luxury
Luxury Articles
After seeing headlines “The Yen at Multi-Year Highs Against the Dollar” for days, we finally saw a sudden change. Japan intervened on its currency to prop up the US Dollar. This may not be...
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Playboy Enterprises, Inc. (NYSE: PLA) saw its shares hit a 52-week high today, although long-term shareholders who were in before the last two years are still finding themselves in the ‘long and...
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The gold trade is becoming too concentrated. For a nearly free-market mentality, this almost hurts to say. The SPDR Gold Shares (NYSE: GLD) has just become too large. The company’s website...
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Gold has effectively decoupled from everything. Markets rise, gold is up. Markets fall on uncertainty, gold is up. Dollar strength, gold is up. Euro strength, gold is up. Oil falls on...
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Founders of companies can become worth hundreds of millions of dollars, or even billions, when they keep large shareholdings in their companies. The catch is that the companies have to succeed. ...
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Over the past year, gold prices have jumped by about a third, from around $900/ounce to over $1,200/ounce. And while the ETFs that track gold bullion and gold miners are showing gains for the past 12...
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Nordstrom, Inc. (NYSE: JWN) has raised its dividend, and the raise is substantial even if the yield is not. The higher-end and luxury apparel retail department store hiked its dividend from $0.16...
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It has been impossible not to notice the new Gold Rush. It has also been impossible to not notice the crashing oil prices. This is simply the decline or implosion of the Euro, and the flood of...
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Nordstrom, Inc. (NYSE: JWN) may serve a different tier of the retail market than Kohl’s Corp. (NYSE: KSS), but it is sharing the same trend: selling off after earnings as valuations caught up to...
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Gold opened above $1,200.00 per ounce this morning before dropping below that magic number again as the day progressed. SPDR Gold Shares ETF (NYSE:GLD) is pretty much flat, opening at $118.49 and now...
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In our daily stock and market rumors wrap up each morning, an interesting issue stood out this morning. Zale Corporation (NYSE: ZLC) may be in play. This is a continuation of other rumors about...
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Fuqi International Inc. (NASDAQ: FUQI) got killed last night and things are not looking bright this morning. The Chinese jewelry designer found “accounting errors” which led to overstated...
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Gold was supposed to keep eroding, or so its chart was indicating, earlier this week. But the weakening dollar vs. euro trade coming back and variations of rumors that China was buying that gold...
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Gold has been on a tear and has performed better than stocks in recent years. But we have now seen a pullback and gold is back under $1,100.00 per ounce. While you can still find plenty of gold...
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Jim Cramer continued on his theme stock picks for 2010 on CNBC’s MAD MONEY tonight. We have already heard Cramer’s theme picks for homeland security, technology, ADRs, and for energy...
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