north bergen,new jersey 4/2/2010 5:56:47 AM
News / Business

Harry Winston Diamond Corp has Rising Sales, narrowing Fourth Quarter Losses.

Increased Sales narrow Harry Winston Diamond Corporations 4Q Loss.

Harry Winston Diamond Corp. narrowed its fourth-quarter loss as sales rose, the company said Wednesday. Harry Winston Diamond Corp trades on the “New York Stock Exchange” under the Stock Symbol “HWD”. For More information regarding “HWD”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.

 

 

 

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Canadian diamond miner and seller Harry Winston Diamond Corp. (NYSE:HWD) narrowed its fourth-quarter loss as sales rose, the company said Wednesday.

For the three months that ended Jan. 31, it lost $3.4 million, or 4 cents per share. That's far better than the previous year's loss of $473 million, or $1.19 per share, when Harry Winston recorded a one-time charge of $93.8 million, or $1.53 per share.

 

 

About Harry Winston Diamond Corp:

 

Harry Winston Diamond Corporation, a diamond company, engages in mining and retailing diamonds. The company supplies rough diamonds worldwide. It has a 40% ownership interest in the Diavik Diamond Mine located in the Northwest Territories, Canada. The company, through its subsidiary, Harry Winston Inc., engages in fine jewelry and watch retailing under the Harry Winston brand. Harry Winston Diamond Corporation also serves customers through a network of distributors internationally. It was formerly known as Aber Diamond Corporation and changed its name to Harry Winston Diamond Corporation in 2007. The company was founded in 1980 and is headquartered in Toronto, Canada.

 

 

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