TJX Companies Inc.

Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy

CNBC’s Jim Cramer on Wednesday said the Federal Reserve must pay attention to recent retail earnings reports to plan the rest of its battle against inflation. “I am begging the Fed to look at what’s happening at individual companies – big ones, not small ones – so that they’ll be a little less ruthless going …

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Target, Carnival, Advance Auto Parts, Lowe’s and more

Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. target – Shares of the big box retailer tumbled more than 12% after the company said its profit fell by around 50% …

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Jim Cramer says there’s a ‘real possibility’ the Fed can engineer a soft landing

CNBC’s Jim Cramer on Tuesday said that he believes the Federal Reserve could manage to tamp down inflation without throwing the economy into a recession. “If we can see the end of the purchasing spree … it’s a huge positive for stocks. It helps that we’ve finally worked out the kinks in the supply chain …

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What to expect when TJ Maxx’s parent reports earnings

Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marshalls on Aug. 24, which has proved to be a well-timed buy. From the close on Aug. 23 through Friday, TJX …

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The week in review, the week ahead for Nov. 11: Inflation, rally

Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected consumer price index (CPI) data for October. The S & P 500 closed up more than 5% for the week, its best week since June. Bond yields and the US dollar fell, while …

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Market needs weak retail data to stay strong

The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that things are getting very promotional in the key apparel sector, well then the market can stay strong,” he said, adding: “The worse …

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The tech tyranny is over. Here are the stocks driving this market

Never have the bulls been more bashful and timid. Never have the bears been so ascendant and so wrong. Oh sure, the bears nailed Meta Platforms (META) and hit Microsoft (MSFT) out of the park. Amazon (AMZN) flopped. So did Alphabet (GOOGL). But when the bears — with the help of everyone in the media …

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Second strike at Liverpool to add to European port congestion

A striking dockworker on a picket line outside the Port of Liverpool during a strike in Liverpool, UK, on ​​Tuesday, Sept. 20, 2022. Bloomberg | Bloomberg | Getty Images Logistics experts are warning another strike set at the Port of Liverpool for Tuesday will only add to the existing delays in product delivery caused by …

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These stocks were our best and worst performers in the third quarter

The S & P 500 last week wrapped up the third quarter, falling more than 5%. It was the third consecutive quarter of declines for the index, marking the longest losing streak since 2008. Stocks and commodities have since broadly rallyed in the first days of the fourth quarter . But after yet another troublesome …

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Ocean shipping orders are signaling a big drop in consumer demand

For the marine shipping industry to cut its carbon footprint in half by 2050, promising technology will need to become reality, and efficiency gains will need to increase as well. Lucy Nicholson | Reuters A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop …

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