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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:26 EDTTJXTJX upgraded to Buy from Neutral at SunTrust
As previously reported, SunTrust upgraded TJX to Buy from Neutral. The firm upgraded shares based on the share overreaction to the earnings miss and long-term fundamentals that remain intact. Price target is $65.
News For TJX From The Last 14 Days
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August 21, 2015
08:41 EDTTJXRoss Stores shares should be bought on weakness, says Wedbush
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August 20, 2015
10:28 EDTTJXOptions with decreasing implied volatility
Options with decreasing implied volatility: KING JCP URBN DKS JWN HIG ADI DAR LOW TJX
August 19, 2015
08:59 EDTTJXRoss Stores has positive read through from TJX, says Wedbush
After TJX (TJX) reported stronger than expected results, Wedbush says that the results bode well for Ross Stores (ROST). The firm says that Ross also benefits from positive low-end trends.
08:45 EDTTJXTJX price target raised to $85 from $80 at Cowen
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07:24 EDTTJXTJX one of the best sources of earnings upside, says UBS
UBS said TJX has a strong set-up for second half gains as the company commented Q3 is off to a solid start. The firm believes the combination of sluggish same store sales at mid-tier department stores and the company's ongoing strong merchandise offerings position the company for market share gains. UBS reiterated its Buy rating and raised its price target to $85 from $78 on TJX shares.
07:22 EDTTJXTJX price target raised to $90 from $80 at SunTrust
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August 18, 2015
16:49 EDTTJXOn The Fly: Top stock stories for Tuesday
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12:29 EDTTJXTJX price target raised to $71 from $64 at Cantor
Cantor Fitzgerald analyst Laura Champine raised her price target for TJX to $71 after the company reported better than expected Q2 results. She believes the same-store-sales momentum is priced into the stock, however, and keeps a Hold rating on the name.
11:43 EDTTJXTJX says will 'tread lightly' before expanding to more countries
11:24 EDTTJXTJX still sees buying back $1.8B-$1.9B of stock this year
Says entering 2H in "excellent" inventory position. Continues to see buying back $1.8B-$1.9B of TJX stock this year. Says adjusting price, mix "the right thing to do for our business." Says on track to open first two stores in the Netherlands this fall. Says planned acquisition of Trade Secret fits into "clear vision." Sees Q3 gross profit margin 28.5%-28.7%. Expects Q3 underlying merchandise margins to remain healthy. Sees Q3 tax rate 37.5%, net interest expense about $12M. Sees FY16 gross profit margin approx. 28.5%. Sees "slight increase" in merchandise margins for FY16. Says expects currency exchange rates will remain unchanged from beginning of Q3. TJX is up 5.61% to $75.66 in morning trading.
11:23 EDTTJXTJX sees Q4 EPS 96c-98c, SSS up 2%-3%
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11:20 EDTTJXTJX sees Q3 sales $7.6B-$7.7B, consensus $7.67B
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08:36 EDTTJXTJX says Q3 'off to a solid start'
08:36 EDTTJXTJX raises FY16 EPS view to $3.24-$3.28 from $3.21-$3.27
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08:35 EDTTJXTJX sees Q3 EPS 80c-82c, consensus 89c
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08:34 EDTTJXTJX reports Q2 EPS 80c, consensus 76c
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August 17, 2015
14:48 EDTTJXNotable companies reporting before tomorrow's open
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August 14, 2015
15:34 EDTTJXTJX August volatility elevated into Q2 and outlook
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