Earnings
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TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance

North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals. The…

Earnings
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Shares of world’s largest brewer AB InBev pop 8% after posting fourth-quarter revenue beat even as volumes slide

Budweiser beer in an IGA grocery store in Montreal, Quebec, Canada, on Tuesday, Feb. 4, 2025.  Bloomberg | Getty Images Shares of the world’s largest brewer AB InBev jumped more than 8% on Wednesday after the company posted better-than-expected fourth-quarter sales despite an annual decline in volumes. The drinks maker, whose brands include Budweiser, Corona…

Earnings
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Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings. The mutlinational conglomerate, which…