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Thursday 22 October 2015
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(DFS) (CC) (TJX) Active News Update: Discover Financial Services(NYSE:DFS), Chemours Co(NYSE:CC), TJX Companies (NYSE:TJX)

At the end of Wednesday’s trade, Shares of Discover Financial Services (NYSE:DFS), inclined 1.26% to $55.25. It traded in a range of $54.57 and $55.47, exchanging hands with 4.05 shares.

The stock is down -14.43% in this year through last close. In the trailing twelve months, net profit margin of the company was 28.00%.

Discover Financial Services (DFS) plans to report its third quarter 2015 results after the market closes on Tuesday, October 20, 2015. The earnings release will be accessible on Discover’s corporate website at www.investorrelations.discoverfinancial.com.

Discover Financial Services operates as a direct banking and payment services company in the United States.

On Wednesday, Shares of Chemours Co (NYSE:CC), lost -4.14% to $ 7.87. 4.31 shares of the company were exchanged.

The stock is down -60.47% in this year through last close. The stock, as of recent close, has shown weekly upbeat performance of 22.64% which was maintained at -13.71% in 1-month period.

The Chemours Company (CC), a global chemical company with leading market positions in titanium technologies, fluoroproducts and chemical solutions declared it will release third quarter financial results on November 5, 2015, at 7:30 a.m. Eastern Time. The company will conduct its third quarter 2015 webcast conference call on November 5, 2015 at 10:00 a.m. Eastern Time. The call is open to the public and can be accessed via live webcast and teleconference.

The Chemours Company, a chemical company, provides titanium technologies, fluoroproducts, and chemical solutions. Its flagship products comprise brands, such as Teflon, Ti-Pure, Krytox Viton, Opteon, and Nafion.

Finally, Shares of TJX Companies Inc (NYSE:TJX), ended its last trade with 1.60% gain, and closed at $71.90.

The stock, after recent close, is 1.47% above their SMA 50 and 1.05% from SMA20 and is 5.76% above than SMA200. 91.10% shares of the company were owned by institutional investors. The company has 1.62 value in price to sale ratio while price to book ratio was recorded as 11.38. It beta stands at 0.56.

The TJX Companies, Inc. (TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, recently declared that its Board of Directors has approved a CEO succession plan. The Board intends to elect Ernie Herrman (54) to the position of Chief Executive Officer, effective at the starting of the Company’s next fiscal year, January 31, 2016. Mr. Herrman will also retain his current title as President of the Company. Carol Meyrowitz, current Chairman and CEO (61), will become Executive Chairman of the Board at the time of the CEO transition. The Board also elected Mr. Herrman a Director of the Company, effective right away.

Carol Meyrowitz commented, “Ernie Herrman’s proven, successful track record, leadership abilities, planned vision, discipline and focus are all qualities that make him absolutely the right choice for CEO. Ernie has decades of experience as an off-price merchant. He has been instrumental to our Company’s success, counting our continued international growth with our expansion into continental Europe, bringing Marshalls to Canada, and intent to acquire Trade Secret in Australia, in addition to developing our deep bench of off-price leaders and senior administration. He will be a tremendous leader as we continue to drive the profitable growth of this Company in the near and long term.”

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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