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UPDATE: Tiffany & Co. Lowers FY2012 EPS Guidance from $3.55-3.70 to $3.20-3.40 vs $3.60 Est; Sees Sales Growth 5-6%

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Tiffany & Co. (NYSE: TIF) lowers FY2012 EPS guidance from $3.55-3.70 to $3.20-3.40 vs $3.60 analyst estimate. Sees sales growth 5-6%, had seen sales growth 6-7%.

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