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Top related persons:
Mary Dillon - 1 Cowen - 1 Richard Galanti - 1 TJX - 1 that's - 1 Jim Cramer - 1 We're - 1 Jim Cramer's - 1
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7 mentions found


☆ An early holiday shopping forecast makes us glad we own two of the best retail stocks
  + stars: | 2023-06-18 | by ( Paulina Likos | ) www.cnbc.com   time to read: +7 min
Americans are expected to spend less this holiday season and seek out discounts, according to a new CNBC survey of retail logistics managers. For example, Home Depot (HD) expects overall sales and same-store sales to each decline between 2% and 5% in fiscal year 2023. TJX YTD mountain TJX Companies YTD performance In a separate research note, JPMorgan said TJX is best positioned to capture consumer trade-down demand. "We have the two best retailers for the moment," Jim Cramer said during the Investing Club's June Monthly Meeting Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Mary Dillon, Cowen, Richard Galanti, TJX, that's, Jim Cramer, We're, Jim Cramer's, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: CNBC, Costco, CNBC Supply Chain Survey, Fed, Wednesday, Management, JPMorgan, Shoppers, TJ, Getty Locations: Maxx, April's, Prince, Hyattsville , Maryland
☆ UK's Sunak seeks stronger economic ties with U.S. on Washington trip
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +2 min
LONDON, June 6 (Reuters) - Britain wants to put its economic ties with the United States on the same footing as the two countries' defence and security cooperation to help both counter global threats, Prime Minister Rishi Sunak will tell President Joe Biden this week. Having left the European Union, Britain is seeking to further align itself with Washington to help navigate a more volatile world driven by the rise of China, the aggression of Russia and the development of Artificial Intelligence. Sunak will meet Biden, U.S. business leaders and members of congress this week, arguing that the existing ties between the two countries mean they are better placed to take on the new challenges together. [1/3] Prime Minister Rishi Sunak arrives at Andrews Air Force Base in Prince George's County, Maryland, ahead of his visit to Washington DC. Writing by Kate Holton; additional reporting by Bharat Govind Gautam in Bengaluru Editing by Elizabeth PiperOur Standards: The Thomson Reuters Trust Principles.
Persons: Rishi Sunak, Joe Biden, Sunak, Niall Carson, Biden, Kate Holton, Bharat Govind Gautam, Elizabeth Piper Organizations: European Union, Artificial Intelligence, Biden, Andrews Air Force Base, Washington DC, Thomson Locations: United States, Britain, Washington, China, Russia, Prince George's County , Maryland, Brussels, London, Bengaluru
☆ Bed Bath & Beyond’s potential bankruptcy would create long-term growth for off-price retailer and Club holding TJX
  + stars: | 2023-04-20 | by ( Paulina Likos | ) www.cnbc.com   time to read: +5 min
Existential troubles facing Bed Bath & Beyond (BBBY) are creating an opportunity for Club holding TJX Companies (TJX) to take market share, which could lead to sustainable long-term growth at the off-price retailer behind the T.J. Maxx, Marshalls and HomeGoods. Shares of Bed Bath & Beyond traded for less than 30 cents each Thursday. "The assortment of goods, the categories they can extend into, and the strength of the balance sheet ... allows for them to be a solid beneficiary" of Bed Bath & Beyond's misfortunes. TJX 1Y mountain TJX Companies (TJX) 1-year performance That inventory glut isn't just a Bed Bath & Beyond problem; it's industry-wide. More Bed Bath & Beyond store closures "can only enhance conversion," said Telsey, whose firm Telsey Advisory Group likes TJX stock.
☆ Donald Trump isn't the first Trump to get arrested. His father Fred was arrested twice, reports say — once at a Ku Klux Klan riot, and another time over building code violations.
  + stars: | 2023-04-05 | by ( Matthew Loh | ) www.businessinsider.com   time to read: +6 min
His father Fred Trump was also arrested: Once in 1927 and again in 1976, per archived news reports. 1927 arrest: Ku Klux Klan riot, New York CityFred Trump was arrested in 1927 during a Ku Klux Klan riot in Queens on Memorial Day, per The New York Times. "Fred Trump of 175-24 Devonshire Road, Jamaica, was discharged," is all The Times mentioned of his name. Officials arrested Fred Trump just after he flew into Prince George's County from New York in September that year, The Post reported. Fred Trump was eventually released on a $1,000 bond and was free to return to New York, The Post reported.
☆ DOJ plans to monitor elections in these 46 cities and counties to ensure voters aren't harassed
  + stars: | 2022-11-07 | by ( Chelsey Cox | ) www.cnbc.com   time to read: +3 min
The Justice Department plans to monitor polls in two dozen states across the country to ensure no one intimidates voters or otherwise meddles with Tuesday's midterm elections. The department's Civil Rights Division selected 64 jurisdictions in 24 states, including Alaska, Florida, Georgia and Nevada, for oversight in both the general election and early voting. The division routinely monitors elections in the field, starting in 1965 when Congress passed the Voting Rights Act. DOJ monitored polls in 18 states and 44 cities and counties in 2020, by comparison. Attorneys' Offices and the Office of Personnel Management will assist the DOJ Civil Rights Division in monitoring efforts and maintaining contact with state and local election officials.
☆ Maryland couple says mysterious strangers moved into a house they just purchased and now are refusing to leave
  + stars: | 2022-10-23 | by ( Jordan Hart | ) www.businessinsider.com   time to read: +2 min
By Friday, there were strangers living in the house with 'no trespassing' signs posted. "Right now my clients are highly upset and we just don't know what to do at this point," the realtor said. Just one day after the mysterious tenants showed up, King said they put up "no trespassing" and "beware of dog" signs. King said the couple is seeking answers from the bank on how anyone was able to gain access to the home. "Right now my clients are highly upset and we just don't know what to do at this point," King said.
☆ Bargain retailer TJX strategically placed to navigate a recession, JPMorgan says
  + stars: | 2022-10-17 | by ( Paulina Likos | ) www.cnbc.com   time to read: +4 min
TJX Companies (TJX) is competitively positioned to weather an economic slowdown, JPMorgan said Monday, underscoring the Club case for owning the off-price retailer. JPMorgan analysts added TJX — whose brands include T.J Maxx, Marshalls and HomeGoods — to their "Analyst Focus List," while reiterating an overweight rating and a Dec. 2023 price target of $80 a share. TJX stock, which is down about 13% year-to-date, was trading up more than 4% in midday trading Monday, at roughly $66.23 a share. That's helped to insulate the retail operator from a recession, JPMorgan analysts argued, and should allow management to make good on its promise to expand merchandise margins within the next three years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
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