TJX raises profit view, shares rise

Off-price retailer TJX Cos Inc posted a bigger quarterly profit that topped Wall Street estimates on strong sales in Europe, and raised its full-year forecast, sending shares up as much as 7 percent Tuesday. Photo: T J MaxxThe owner of Marshalls and T.J. Maxx expects to earn between $2.27 and $2.37 a share for the full year. Earlier this month, TJX raised its full-year forecast to a profit of $2.26 per share to $2.36 per share.The retailer, which sells designer brands at big discounts compared

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