TJX Companies Surprises with Updated Full-Year Profit Guidance
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Shares of TJX Companies surged on Tuesday making it TheStreet's Move of the Day. The owner of discount apparel shops TJ Maxx and Marshalls raised its full-year earnings forecast to between $3.10 and $3.18 a share, up from a previous forecast of $3.05 to $3.17 a share. In the second quarter, the company recorded profits which were up 14 percent to 75 cents a share, coming in 2 cents higher than analysts expected.

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