Tiffany & Co.'s third-quarter results miss Wall Street estimates as jewelry company cuts 2012 outlook

Tiffany & Co.'s third-quarter net income fell 30 percent, stung by a higher-than-expected tax rate, ongoing economic weakness and high precious metal and diamond costs.The jewelry company's results missed Wall Street's expectations and it cut its full-year earnings forecast.Shares dropped $5.58, or 8.7 percent, to $58.15 in premarket trading Thursday.For...

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City National Bank of Florida and its Spanish parent have four years to evaluate the Miami bank’s future ownership

City National Bank of Florida, the Miami bank purchased by Bankia (formerly Caja Madrid) of Spain in November 2008, said Wednesday that its parent has a “four-year window to evaluate alternatives” for the bank’s future ownership and will work closely with management in Miami during the process.The Spanish government has reached and agreement with the European Union related...

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Group to begin reviewing Miami-Dade’s elections practices

A group tasked with making recommendations to improve Miami-Dade elections will begin meeting Tuesday morning, three weeks after Election Day was marked by long lines and a surge of absentee ballots that took several days to count.County Mayor Carlos Gimenez convened the advisory group to examine state and local elections laws and practices, and suggest changes. The first...

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'Dancing with the Stars' Finals: Melissa Rycroft and Tony Dovolani Win All-Stars Season

Dancing with the Stars rounded off its firsts on Tuesday night by announcing a first-time winner in the first all-female finals in the show's first All-Stars season. After being showered in confetti on the stage for their victory, Melissa Rycroft and Tony Dovolani gleamed as bright as the Mirrorball Trophies they held in their hands after the show."When it was just down to the two of us, we were...

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Getco makes $3.50 per share bid for Knight Capital

Getco is making a cash-and-stock bid for troubled trading firm Knight Capital that it values at $3.50 per share.In a letter to City, NJ-based Knight Capital, Getco Holding Co. says the acquisition would involve a two-step process in which 242 million new shares would be issued, followed by a tender offer for an additional 154 million shares.Getco already...

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Gift ideas for the techie on your list

The holidays are coming fast, and if you’re like me, you’ve probably gotten very little of your gift shopping done. Here are suggestions for a variety of gifts for the techie and the not-so-techie people on your list. Some of these items can be found in stores and some are only available online, but you should be able to order them in time for Christmas or Hanukkah. ...

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Three people wounded in drive-by shooting in Miami Gardens

An apparent drive-by shooting late Monday night in Miami Gardens has left three people in the hospital and neighbors wondering whether the wrong house was targeted.The shooting happened in the 20800 block of Northwest 30th Court. Air rescue took the victims, two men and a woman, to Jackson Memorial Hospital, where at least one remains in serious condition.Neighbors said three...

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Card firms’ block on WikiLeaks did not break rules: EU

BRUSSELS (Reuters) – A block on processing donations for WikiLeaks by Visa Europe and other credit card companies is unlikely to have violated EU anti-trust rules, the European Commission said on Tuesday.DataCell, a company that collected donations for WikiLeaks, complained to the Commission about Visa Europe, MasterCard Europe and American Express Co after they stopped processing donations for WikiLeaks...

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Golden Globes Flashback: Joaquin Phoenix 2006

It's no secret that Joaquin Phoenix isn't fond of awards shows. He's made that clear throughout his acting career and recently reiterated his dislike and discomfort with awards shows. Nonetheless, when he won an award in 2006 for Walk the Line, he was all smiles."Pitting people against each other . . . It's the stupidest thing in the whole world. It was one of the most uncomfortable periods of my...

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Wintry mix hits city

Crews have treated the highways and plows are standing at the ready across the tristate for another November snowstorm.A storm system is moving up from the Tennessee Valley region. Snow started falling at daybreak and will likely cause some problems for the morning commute.The National Weather Service issued a winter weather advisory for some portions of...

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