Boise Cascade Brings Back Interest in Office Supplies
OfficeMax Incorporated (NYSE: OMX) has figured out a way to unlock serious value of sorts. Boise Cascade has filed for an initial public offering. The IPO is said to be ...Read Full Story »
Posts related to ‘ODP’
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Staples’ Loss Brings Out Buyers
Staples Inc. (NASDAQ: SPLS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.46 and $6.35 billion in revenues before the markets opened this morning. In the same ...Read Full Story »
Projected Retail Q3 Earnings Up Sharply, Q4 Looks Even Better
As third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the ...Read Full Story »
24/7 Wall St. Closing Bell — November 6, 2012: Markets Open and Close Higher (CS, CMG, BEAM, SMRT, USM, CF, ESRX, PAA, WLT, Z, AMSC, AOL, CVC, CVS, FOSL, LPX, VVUS, GDP, NWSA, RAX, TWO, AES, AGU, CLH, ENB, HFC, JRCC, LEAP, M, THC, TWX, WLP, THQI, CDE, ODP)
U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in ...Read Full Story »
Eight Stocks Being Accumulated by Large Holders (CYTR, DVA, HNSN, JNS, ODP, SONS, THC, VSAT)
There are a number of reasons that insiders and large holders sell shares of public companies. There is really only one reason that insiders and large holders buy shares, and ...Read Full Story »
Short Sellers Savage Weakest Stocks
Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that ...Read Full Story »
The Real Staples Reorg Problem: Now No Buyout!
Staples Inc. (NASDAQ: SPLS) was initially trading higher this morning on the heels of its restructuring. The effort was supposed to have something for everyone. Cost cuts, more rapid store ...Read Full Story »
Can Activists Save the Office Products Business? No
Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX) have ...Read Full Story »
Media Digest (9/17/2012) Reuters, WSJ, NYT, FT, Bloomberg
A government investigation into J.P. Morgan Chase & Co. (NYSE: JPM) focuses on whether its monitoring of illicit money transactions was adequate. (Reuters) The U.S. will initiate a case at ...Read Full Story »
The Problem with a Staples Buyout (SPLS, BBY, ANF, ODP, OMX)
If a retail company gets in trouble or starts to lag on its growth and business model, it seems like the great response is always a chance of a private ...Read Full Story »
24/7 Wall St. Closing Bell — September 12, 2012: Markets Get No Traction from Germany’s Decision (AAPL, KMI, POT, RENN, PSX, DG, ADP, PLL, SCMR, UEC, SABA, LRN, PIR, SHLD, SHOSR, FB, ODP, JVA, HK, MNST)
The three major U.S. stock indexes opened higher this morning and, following a morning dip, have remained in positive territory (barely) for most of the day. The first bit of ...Read Full Story »
Today’s Market Winners and Losers
Stocks are up Wednesday, with the Dow Jones Industrial Average up 0.26%, the Nasdaq up 0.11% and the S&P 500 up 0.10%. Today's only winner is a struggling retailer who ...Read Full Story »
Virtual Payments in the Real World of Big Macs (MCD, EBAY, SBUX, HD, ODP, JCP, ANF, PAY)
The world’s largest restaurant chain, McDonald’s Corp. (NYSE: MCD) has confirmed that it is testing mobile payments at 30 of its stores in France. McDonald’s has about 30,000 stores all ...Read Full Story »
Staples Tumbles on Disappointing Q2, Lower Outlook
Staples Inc. (NASDAQ: SPLS) tumbled in premarket trading after posting disappointing second-quarter results and lowering its full-year guidance. The retailer reported quarterly earnings of $120.4 million, or $0.18 per share, ...Read Full Story »
America’s Worst Companies to Work For
Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their ...Read Full Story »
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