Half-Billion Swatch Settlement Drags Tiffany Fourth Quarter Earnings To A Loss
- Friday, March 21, 2014, 8:17
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Tiffany & Co. revealed Friday morning that a nearly half-billion settlement with Swiss watch company Swatch has taken a diamond-sized chunk out of its fourth quarter earnings results and turned what would have been a nearly $200 million profit into a $100 million loss.
http://www.forbes.com/sites/maggiemcgrath/2014/03/21/half-billion-swatch-settlement-drags-tiffany-fourth-quarter-earnings-to-a-loss/
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