Put a ring on it: Blue Nile sales spike 17% due to engagement ring demand, but shares down

Engagements were a plenty for the past three months and that was good news for Seattle online jewelry retailer Blue Nile. The company saw its revenues increase 17 percent to $97.1 million during the first quarter of 2013. Profit came in at $832,000, compared with $154,000 in the first quarter of 2012. This increase is due in large part… Read More