Tiffany’s and Genworth Financial Lead Market Winners

Tiffany & Co.’s (NYSE:TIF) shares rose 6.1% following a National Retail Federation report of record Thanksgiving weekend retail sales in the U.S. Other high-end retailers also profited, with shares of Coach Inc. (NYSE:COH) climbing 6.1% and Polo Ralph Lauren Corp. (NYSE:RL) up 5.1%.

Macy’s Inc.’s (NYSE:M) shares gained 5.8% after the retailer reported a 40% increase in the number of shoppers waiting outside its Manhattan store over the holiday weekend. M shares recently traded at $31.07, up $1.62, or 5.5%. They have traded in a 52-week range of $21.69 to $32.67. Volume today was 4,883,405 shares versus a 3-month average volume of 9,106,150 shares. The company’s trailing P/E is 11.39, while trailing earnings are $2.73 per share. Get the most recent company news and stock data here >>

Freeport-McMoRan Copper & Gold Inc.’s (NYSE:FCX) shares ascended 6.1% along with copper and gold futures. Alcoa Inc.’s (NYSE:AA) shares moved up 5.6%. FCX shares recently traded at $35.99, up $2.17, or 6.42%. They have traded in a 52-week range of $28.85 to $61.35. Volume today was 8,342,834 shares versus a 3-month average volume of 24,191,000 shares. The company’s trailing P/E is 6.29, while trailing earnings are $5.72 per share. Get the most recent company news and stock data here >>

Genworth Financial Inc.’s (NYSE:GNW) saw a 14% gain after Citigroup Inc. boosted the insurer’s rating from neutral to buy. GNW shares recently traded at $6.10, up $0.71, or 13.17%. They have traded in a 52-week range of $4.80 to $14.77. Volume today was 7,534,246 shares versus a 3-month average volume of 10,427,300 shares. The company’s trailing earnings are $-0.29 per share. Get the most recent company news and stock data here >>

Quantum Corp.’s (NYSE:QTM) shares grew 11% following a Bloomberg News report that industry gurus believe the data manager to be a target for acquisition.