Office Depot (NYSE:ODP)

red flag

Is the Staples and Office Depot Merger Really at Risk?

Merger arbitrage and speculation often drive massive inflows and outflows of capital around merger rumors, and they can also have a high impact in actual pending mergers as well. Now ...
Read Full Story »
odp_StoreFront

Why the Office Depot Merger Approval Still Has Many Hurdles

The office products space has been an industry in consolidation, and now we are closer to the three major players completing their consolidation into one. The acquisition of Office Depot ...
Read Full Story »
Staples store

Staples Fighting Revenue Decline on Store Closures Ahead of Office Depot Merger

Staples Inc. (NASDAQ: SPLS) reported first-quarter 2015 results before markets opened Wednesday. The office supplies retailer posted adjusted diluted earnings per share (EPS) of $0.17 and $5.26 billion in revenues. ...
Read Full Story »
Office Depot night

How All Those Merger Costs Affected Office Depot Earnings

Office Depot Inc. (NASDAQ: ODP) reported first-quarter 2015 results before markets opened Tuesday. The office supplies retailer posted adjusted diluted earnings per share (EPS) of $0.13 and $3.88 billion in ...
Read Full Story »
ten bucks

13 Analyst Stock Picks Under $10 With Massive Upside Targets

Stocks went out on a positive note again this past week, will within striking distance of all-time highs. The Nasdaq even managed to hold above 5,000 again, closing above the ...
Read Full Story »
investor research

Top Analyst Upgrades and Downgrades: JetBlue, Salesforce.com, Staples, Whiting, Yelp and More

Stocks were trading very marginally lower on Thursday, a day after the FOMC delayed the rate hike timing expectations. This week has seen more selling of stocks, but the trend ...
Read Full Story »
Money background. Close-up.

Staples Earnings Take Back Seat to Office Depot Acquisition

Staples Inc. (NASDAQ: SPLS) reported fourth-quarter and full-year 2014 results before markets opened Friday. For the quarter, the office supplies retailer posted adjusted diluted earnings per share (EPS) of $0.31 ...
Read Full Story »
Staples store

What to Expect From Staples Earnings

Staples Inc. (NASDAQ: SPLS) is scheduled to report its fiscal fourth-quarter earnings Friday morning before the markets open. Thomson Reuters has consensus estimates of $0.30 in earnings per share (EPS) ...
Read Full Story »
Staples store

Why Starboard Sees Staples Worth Another 100% More After Office Depot Merger

Staples Inc. (NASDAQ: SPLS) has already rallied handily from its bottom, due in part to the consolidation plans to acquire Office Depot (NYSE: ODP). Staples has been the target of ...
Read Full Story »
Staples store

Staples Merger Details: Office Depot Gets an Easy Button

Staples Inc. (NASDAQ: SPLS) announced Wednesday morning that it would be acquiring Office Depot Inc. (NASDAQ: ODP) for $11 a share. The transaction is valued at $6.3 billion and would ...
Read Full Story »
consumer electronics

Would Regulators Allow a Combined Staples and Office Depot?

It seems that the rumors circulating around a Staples Inc. (NASDAQ: SPLS) and Office Depot Inc. (NASDAQ: ODP) merger are not unfounded. The Wall Street Journal reported early Tuesday morning ...
Read Full Story »
odp_StoreFront

What Starboard Value Sees in Staples and Office Depot

Starboard Value has long called for the merger of office retailing giants Staples Inc. (NASDAQ: SPLS) and Office Depot Inc. (NASDAQ: ODP). The firm sent an open letter to The ...
Read Full Story »
Bull and Bear

Top Analyst Upgrades and Downgrades: Allstate, Hecla, Hertz, MGIC, Nokia, Office Depot, P&G and More

Stocks were soft Monday morning on news that Japan is effectively back in recession. Still, investors have proven repeatedly that they will buy stocks that are discounted or those they ...
Read Full Story »
Office Depot night

Office Depot Earnings Gain on Merger Synergies

Office Depot Inc. (NYSE: ODP) reported third-quarter 2014 results before markets opened Tuesday. The office supplies retailer posted adjusted diluted earnings per share (EPS) of $0.10 and $4.07 billion in ...
Read Full Story »
Staples store

Why Data Breach at Staples May Not Matter

Office supply store Staples Inc. (NASDAQ: SPLS) confirmed on Monday that it is investigating a breach of payment card data at some of its locations in the northeast United States. ...
Read Full Story »