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Tiffany ’12 profit forecast reduced

WASHINGTON — With Europeans and Asians buying fewer $65,000 diamond necklaces, Tiffany & Co. may be in for a less-than-glittering 2012.

Tiffany’s revenue was $3.09 billion in 2010 and is estimated at $3.68 billion in 2011, according to the average of 20 analysts surveyed by....

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