TIF News and Press, Tiffany & Co. From 12/03/19

Introduction Immediately following the announcement by LVMH ( LVMHF ) of the unsolicited proposed takeover of Tiffany & Co. ( TIF ), the market speculated on the possibility of a higher offer. That initial bid of $120 was first increased on November 20, as LVMH raised their offer to $...

Audrey Hepburn window shopping at Tiffany & Co. in the 1961 film "Breakfast At Tiffany's" (image via The Ferkel ). In an article written on the Tuesday before Thanksgiving ( Finding Alpha In Security Selection ), I described changes we had recently made to the security selection me...

This article is part of a series that provides an ongoing analysis of the changes made to Stephen Mandel’s 13F portfolio on a quarterly basis. It is based on Mandel’s regulatory 13F Form filed on 11/14/2019. Please visit our Tracking Stephen Mandel’s Lone Pine Capital P...

There is no denying that the economic numbers released this morning were less than perfect Current numbers are tepid for sure; manufacturing activity continued to lag in November amid a lag in inventories and new orders lowest in 10 years. The reading came in at 48.1 vs. an expected 49.4 a...

This article is part of a series that provides an ongoing analysis of the changes made to Alex Roepers’ 13F portfolio on a quarterly basis. It is based on Roepers’ regulatory 13F Form filed on 11/14/2019. Please visit our Tracking Alex Roepers’ Atlantic Investment Manag...

Generally speaking, organic growth is cheaper than growth through other means like M&A (mergers and acquisitions), but the latter does have a place in the expansion of firms, particularly those that are already sizable players in their respective markets. Though costly, the benefit to M&am...

In this episode of MarketFoolery , host Chris Hill chats with analyst Jason Moser about three big mergers. Tiffany  (NYSE: TIF) is being tucked into Louis Vuitton, which looks like a great move for LVMH Moet Hennessy . Where does Louis Vuitton go from here with the jewelry retailer? ...

International luxury group Moët Hennessy Louis Vuitton (LVMH) (OTC Pink: LVMHF ,EPA:MC) will add another illustrious brand under its banner through the acquisition of renowned jewelry house Tiffany & Co. (NYSE: TIF ). The acquisition, which is now the largest luxury goods deal in hi...

Thoughts on Acquisition and Valuation: In our November 4 note ( See Article ), we maintained that LMVH’s offer comes at a good time for Tiffany, whose shares have struggled to keep up with the broad market amidst economic pressures, trade war, and overall competition with other luxu...

News Items That are Positive for Markets Ironically, two interesting items come from Bloomberg Media, and then additional news that Mike Bloomberg is running is cheering the market. Firstly, items out of China; "China said it will raise penalties on violations of intellectual property rig...