Tiffany Q3 Net Up Nearly 50%

Tiffany & Co. glistened in the third quarter, posting increasesin sales and earnings that easily beat Wall Street estimates.

Measuredin U.S. dollars, sales rose in all regions, although they fell in Japanwhen measured in local currency due to the steep drop in the yen. Thecompany projected single-digit comparable-sales increases in all marketsfor the fourth quarter as it reported strong reactions across a widespectrum of its products.