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TJ Maxx parent lifts annual forecast on steady off-price demand
(Reuters) -TJX Cos on Wednesday raised its forecast for annual sales and profit, boosted by steady demand from budget-conscious customers looking for promotional deals and bargains ahead of the crucial holiday shopping season. However, the company’s shares – which are up about 16% this year – were down about 2% before the bell as TJX […]
Chegg initiates $150 million accelerated share repurchase
Chegg Inc . (NYSE:CHGG), a prominent player in the connected learning landscape, has announced an accelerated share repurchase (ASR) agreement with Morgan Stanley Bank N.A., valued at $150 million. This strategic initiative, part of the company’s ongoing $2.2 billion securities repurchase program, aims to bolster shareholder value and reflects Chegg’s robust free cash flow generation. […]
TJX earnings beat by $0.04, revenue topped estimates
Investing.com – TJX (NYSE: TJX) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for the quarter came in at $13.3B versus the consensus estimate of $13.05B. TJX sees FY 2024 EPS of $3.61-$3.64 TJX’s stock price closed at $92.50. It is up 3.33% in the last 3 months […]
TJ Maxx parent lifts annual forecast on steady off-price demand
(Reuters) -TJX Cos on Wednesday raised its forecast for annual sales and profit, boosted by steady demand from budget-conscious customers looking for promotional deals and bargains ahead of the crucial holiday shopping season. However, the company’s shares – which are up about 16% this year – were down about 2% before the bell as TJX […]
Chegg initiates $150 million accelerated share repurchase
Chegg Inc . (NYSE:CHGG), a prominent player in the connected learning landscape, has announced an accelerated share repurchase (ASR) agreement with Morgan Stanley Bank N.A., valued at $150 million. This strategic initiative, part of the company’s ongoing $2.2 billion securities repurchase program, aims to bolster shareholder value and reflects Chegg’s robust free cash flow generation. […]
TJX earnings beat by $0.04, revenue topped estimates
Investing.com – TJX (NYSE: TJX) reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for the quarter came in at $13.3B versus the consensus estimate of $13.05B. TJX sees FY 2024 EPS of $3.61-$3.64 TJX’s stock price closed at $92.50. It is up 3.33% in the last 3 months […]
TJ Maxx parent lifts annual sales forecast on steady off-price demand
(Reuters) – TJX (NYSE:TJX) Cos raised its annual sales forecast on Wednesday, boosted by steady demand from budget-conscious customers looking for promotional deals and bargains ahead of the crucial holiday shopping season. The discount store operator now expects full-year 2024 comparable store sales to be up 4% to 5%, from its earlier forecast of 3% […]
Alstom shares drop after capital increase announcement
PARIS – Alstom ‘s (EPA:ALSO) stock experienced a sharp decline today, falling by 11% to €12.55 in early trading hours, following the company’s announcement of potential equity issues and a capital increase. The move is part of a broader strategy to stabilize the company’s finances and reduce net debt by €2 billion ($2.18 billion) by […]
Alstom shares drop after capital increase announcement
PARIS – Alstom ‘s (EPA:ALSO) stock experienced a sharp decline today, falling by 11% to €12.55 in early trading hours, following the company’s announcement of potential equity issues and a capital increase. The move is part of a broader strategy to stabilize the company’s finances and reduce net debt by €2 billion ($2.18 billion) by […]
Alstom shares drop after capital increase announcement
PARIS – Alstom ‘s (EPA:ALSO) stock experienced a sharp decline today, falling by 11% to €12.55 in early trading hours, following the company’s announcement of potential equity issues and a capital increase. The move is part of a broader strategy to stabilize the company’s finances and reduce net debt by €2 billion ($2.18 billion) by […]
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