Tiffany raises guidance...

Tiffany & Co. (TIF) raised its full-year profit outlook as more shoppers worldwide snapped up its jewelry during the bridal season, overcoming rising gold and diamond costs. Tiffany net income rose 33 percent to $90 million, or 33 cents per share, during the quarter that ended on July 31, from $67.7 million, or 53 cents a year earlier.Tiffany raised its full-year profit outlook range by 20 cents and expects to earn between $3.65 and $3.75 per share.