By MARK JEWELL, AP Business Writer 52 minutes ago BOSTON - TJX Cos. said Tuesday its first-quarter profit rose nearly 20 percent as the discount retailer continued to draw shoppers increasingly looking for bargains in a tough economy.But its shares fell almost 4 percent in midday trading as lower investment income and costs from European expansion left TJX's profit margin slightly below the company's expectations.
Framingham, Mass.-based TJX said its net income in the three months ended April 26 rose to $193.8 million, or 43 cents per share, compared with a profit of $162.1 million, or 34 cents per share, in last year's first quarter.
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