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    Tiffany 2Q misses Street's view; cuts 2012 outlook

    NEW YORK (AP) — Tiffany & Co.'s net income rose 2 percent in the second quarter as revenue improved, but the performance missed Wall Street's view and the jewelry company cut its full-year earnings guidance.

    Its shares slipped less than 1 percent to $58.02 on premarket trading.

    Tiffany, known for its blue boxes, earned $91.8 million, or 72 cents per share, for the period ended July 31. That compares with $90 million, or 69 cents per share, a year earlier.

    Analysts expected earnings of 74 cents per share.

    Revenue for the New York company rose 2 percent to $886.6 million from $872.7 million. Wall Street forecast $891.1 million.

    Tiffany said Monday that it now expects 2012 earnings of $3.55 to $3.70 per share, down from $3.70 to $3.80 per share. Analysts predict $3.65 per share.

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    • No Wonder Republican Criticism of Obama Isn’t Working

      Henny Youngman, the late borscht belt comedian, told hundreds of politically incorrect jokes. One of them was his response when asked, “How’s your wife?” “Compared to what?” he’d say.

    • Woman feared Iowa kidnapping suspect's release

      IOWA CITY, Iowa (AP) — The ex-girlfriend of a man suspected of kidnapping two Iowa girls this week worried that he would harm her and her family before his impending release from prison in 2011, citing prior sexual and physical abuse and threats, according to court records released Friday.

    • Trayvon Martin texts, photos: Might they change Zimmerman trial?

      Ultimately, many of the photos and cellphone records of Trayvon Martin released online Thursday by George Zimmerman’s defense attorneys – indicating that the slain teenager smoked marijuana, got into fights at school, and had an interest in, and perhaps access to, guns – may be ruled inadmissible in court. But they are already making the rounds in the court of public opinion, which can influence everything from fundraising efforts to the mind-set of potential jurors in Mr. Zimmerman's murder trial.

    • Woman accused of contaminating daughter's IV tubes

      TUCSON, Ariz. (AP) — A prosecutor says a woman on trial in Tucson contaminated her hospitalized infant daughter's intravenous lines in an attempt to get attention from the girl's father.

    • Sweden's Inexplicable Riots, Explained

      For the fifth straight night, rioters have broken windows and set fire to cars in neighborhoods around Stockholm, Sweden. The violence fits the pattern, if not the scale, of other recent incidents in European cities, drawing renewed attention to the interplay of immigration, economics, and government.

    • Trucker bumps I-5 bridge, sees tragedy behind him

      MOUNT VERNON, Wash. (AP) — The trucker was hauling a load of drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. He looked in his rearview mirror and watched in horror as the span collapsed into the water behind him. Two vehicles fell into the icy Skagit River.

    • California reveals prices for health insurance under Obamacare

      By Sharon Bernstein LOS ANGELES (Reuters) - California unveiled prices on Thursday that consumers will pay for a selection of health plans offered through the state under the Affordable Care Act, providing a glimpse into how health care reform may look as it is rolled out across the nation. Under the federal health care reform law, Californians who do not get or cannot afford health insurance through their jobs can buy coverage through an exchange, at a group rate negotiated by state regulators. ...

    • 5.7-magnitude earthquake shakes Northern Calif

      GREENVILLE, Calif. (AP) — A magnitude 5.7 earthquake was widely felt as it rattled Northern California Thursday night, breaking dishes and shaking mirrors off walls. But authorities said there were no immediate reports of injury or serious damage.

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