Zale Corp. Reports Quarterly Loss of $3.03 Per Share

Jeweler Zale Corp. (ZLC) reported a loss from continuing operations of $3.03 per share for the quarter ended Oct. 31, compared with a loss of $1.87 per share a year earlier.

The results for the first quarter of fiscal 2011 included a charge to inte…

Pink Diamond Sold for a Record $46.2 Million

A 24.8-carat pink diamond was sold in an auction for a $46.2 million on Tuesday, the most money ever paid for a jewel, auction house Sotheby’s said in a statement.
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Barbie With Diamond Necklace Sells for $302,500

A Barbie doll featuring a diamond necklace sold at a New York auction for a record $302,500.

The one-off Barbie is wearing a black strapless evening gown with a choker necklace featuring a one-carat square-cut pink diamond, BBC News said.

The price smashed the previous record for a Barbie sale, $17,091. That record was set in 2006.

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The diamond necklace Barbie is the creation of…

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Barbie With Diamond Necklace Sells for $302,500 originally appeared on DailyFinance on Thu, 21 Oct 2010 08:10:00.

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Victoria’s Secret Unveils $2 Million Bra

Victoria’s Secret unveiled a $2 million diamond-encrusted bra.

Supermodel Adriana Lima modeled the “Bombshell Fantasy Bra” in New York Wednesday. It features sapphires, topaz stones and 3,000 white diamonds, according to The Kansas City Star.

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It took craftsmen more than a thousand hours to make.

The bra itself is “comfortable” to wear, Lima said.

Victoria’s Secret is a unit of…

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Victoria’s Secret Unveils $2 Million Bra originally appeared on DailyFinance on Thu, 21 Oct 2010 06:59:00.

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