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 been able…
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 the WTOÂ against…
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 equity-led buyout.…
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 big news…
Photo by Spencer Platt/Getty ImagesStocks 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…
247sam 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 around the…
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, and $5.5…
Trey Thoelcke 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 jobs. With…
The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected drop…
The three major US stock indexes opened higher this morning most likely due to the lack of bad news on the Eurozone’s financial troubles (more coverage here). Asian markets got a chance…
The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a decline in…
After Wednesday’s disaster of a share performance in Staples Inc. (NASDAQ: SPLS), we are evaluating this situation to see if it is time to bring in a turnaround team? If you just…
Jon C. Ogg Office supplies retailer Staples Inc. (NASDAQ: SPLS) reported fourth quarter and full year earnings this morning that topped expectations, if only barely. The company reported fourth quarter EPS of $0.41 versus a…
Paul Ausick Stocks started the day nearly flat before turning down on a poor report on US durable goods orders (more coverage here) and a slide in the Case-Shiller home price index (more coverage…
At about noon today, all three major US stock indexes pushed their way into positive territory, with the DJIA up nearly 24 points at about 13,005, the Nasdaq up more than 19…
