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Stock impact report

Why Shares of the TJX Companies Are Up Today [The Motley Fool]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: The Motley Fool
John Rosevear(TMFMarlowe)Author BioJohn Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 0 years, and for The Motley Fool since 007.Follow @john__rosevearFollow @@john__rosevearWhat happenedShares of theTJX CompaniesNYSE:TJXconsumer discretionary companyAs of : p.m. EDT, shares of the company, the corporate parent of TJ Maxx, Marshalls, and other off-price store chains, were up about 6.% from Tuesday's closing price.So whatIn a Form 8-K regulatory filing made after the market closed on Tuesday, TJX said it will furlough most of the employees of its stores and distribution centers in the U.S. and Canada as of April . Employees who are eligible for benefits will continue to receive them while furloughed, at no cost. The company said it will take "comparable actions" for its employees working outside of those two countries, and it will reduce executives' pay until at least July .TJX employed about 86,000 people as o Show less Read more
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