Tiffany & Co. (NYSE:TIF) is down 8.95% this morning at $56.27. TIF has traded 6.6 million shares so far today, 3 times its average volume. TIF shares are lower today after the company cut its outlook due to slowing demand. The company has a market cap of 7.09 billion.
Signet Jewelers Limited (NYSE:SIG) is down 9.05% today at $43.42. SIG has traded 2.2 million shares so far today, 3 times its average volume. SIG shares are down today due to Signet lowering its second quarter profit forecast to $0.78 to $0.84 a share, less than expectations of $0.89 a share. The company has a market cap of 3.80 billion. [Read more...]