Tiffany To Increase Price It Pays For Aber Rough Diamonds
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(Rapaportâ¦December 7, 2004) In a change to their Diamond Supply Agreement, up-market jeweler Tiffany &amp; Co. has agreed to increase to market value the price it will pay Aber Diamond Corp.
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U.S. consumers are facing higher prices for appliances with retailers raising prices this month to offset rising raw material costs.
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Jeff Koonsâs âBlue Diamond,â will be offered for sale on Nov. 13 at Christieâs auction of postwar and contemporary art, with an estimate of around $12 million.
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Gerald Ratner is set to table an improved bid of Â£350m for the UK operations of jewllery company Signet.
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Jewelers Tiffany & Co. Inc. TIF.N   and Zale Corp. ZLC.N on Thursday reported strong revenue   growth, but both posted lower gross margins, which helped push   their shares down.
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Talbots Inc.  on Tuesday said  cost savings from its recent acquisition of clothing retailer  J. Jill will be greater than &#36;30 million, up from its original  plan for &#36;25 million.
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A 8ft-tall sculpture of a diamond is expected to raise around Â£6m when it is sold at auction in November.
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An auction of more than 700 items belonging to singer and actress Cher raised over $3.5 million -- more than double pre-sale estimates -- as celebrity collectors snapped up her possessions.
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Apollo Management raised its offer for  chemical company Huntsman Corp.  by 2.8 percent to $6.5  billion on Monday, widening the premium over rival suitor  Basell.
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WASHINGTON, Oct 18 (IPS) - Diamond sellers in the United States and Britain  are not doing enough to ensure that proceeds from the gems they  sell are not financing wars and that buyers understand what are  "conflict diamonds," says a new report.
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Gold hit another record high above  $898 an ounce on Monday on speculative buying as uncertainties  in financial markets and expectations of aggressive U.S. rate  cuts raised the metal's safe-haven appeal.
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An auction of more than 700 items  belonging to singer and actress Cher raised over $3.5 million  -- more than double pre-sale estimates -- as celebrity  collectors snapped up her possessions.
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The company plans to recoup by raising its commission on items that sell.
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Luxury jeweler Tiffany & Co. Inc.  reported a 22 percent rise in quarterly profit Wednesday and said holiday sales growth was above expectations so far, sending its stock up 7 percent.
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Apollo Management raised its offer for chemical company Huntsman Corp.  by 2.8 percent to $6.5 billion on Monday, widening the premium over rival suitor Basell.
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Luxury jeweler Tiffany & Co.   said on Thursday that quarterly profit rose, helped by strong  sales in U.S. and international markets, with the exception of  Japan.
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Equity Office Properties Trust  said on Tuesday that the Blackstone Group  raised the price of its takeover bid to $55.50 per share, after rival bidder Vornado Realty Trust  sweetened its own offer.