The combination of these purchases speaks to the importance of balancing a long view with a short focus.
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We’re adding to an underappreciated stock and another that’s right for the moment
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TJ Maxx parent company TJX beats earnings expectations, raises full-year guidance despite tariff pressure
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said […]
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Target names longtime insider Michael Fiddelke its next CEO as retailer tries to break sales and stock slump
Target’s Chief Operating Officer Michael Fiddelke will take over as CEO from Brian Cornell. Courtesy of Target Target on Wednesday said that company veteran Michael Fiddelke will become its next CEO at a critical point in its effort to break out of a sales slump and win back Wall Street’s favor. Fiddelke, the company’s 49-year-old […]
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Business
Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion
An exterior view of a Lowe’s home improvement store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that […]
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