Texas Industries Swings to a Profit in Q4, But Misses Sales Estimates (TXI)

Shares of Texas Industries Inc. (NYSE: TXI), a supplier of heavy construction materials in the southwestern U.S., surged in trading on Thursday after the company swung to a profit in the fourth quarter. However, the Dallas, Texas-based company’s fourth-quarter sales fell short of analysts’ estimate.

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Merck To Close Study On Its New Drug After Ensuring Effectiveness, Shares Climb (MRK)

Merck & Co. Inc (NYSE: MRK) decided to wrap up an advanced study of its osteoporosis drug, since the initial examination confirmed the effectiveness of the drug.

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Limited Brands and Saks Report Strong June Sales Results (LTD, SKS)

Retailers this week reported mixed sales results for the month of June. Declining consumer confidence and concerns over the labor market resulted in less spending from consumers in June. This hurt retailers’ sales results for the month of June.

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TJX Companies Reports Strong June Sales Results, Raises Earnings Forecast (TJX)

TJX Companies Inc. (NYSE: TJX), an off-price apparel and home fashions retailer in the U.S. and worldwide, on Thursday reported strong sales results for the month of June. The company also raised its earnings forecast for the second quarter and full year, sending shares higher in trading on Thursday.

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