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By Will Feuer Signet Jewelers' third-quarter sales fell, a sign that shoppers' appetite for high-end purchases like diamond jewelry is still soft heading. ....
The acquisition will expand Signet s services to jewellery rental. Signet shares jumped roughly 3.5% on market open on Tuesday. Signet Jewelers Limited (NYSE: SIG) acquired Rocksbox Inc. for an undisclosed price on Tuesday. The acquisition will help the owner of prominent brands like Zales and Kay Jewelers to debut in the jewellery rental business. Signet Jewelers shares jumped roughly 3.5% on market open on Tuesday, touching an intraday high of £44.45 per share. Later in the day, however, the stock lost the entire gain and closed the regular session at a per-share price of £41.88. Signet remained flat in after-hours trading on Tuesday. Are you looking for fast-news, hot-tips and market analysis? ....