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Stock Market & Financial Investment News

News Breaks
May 27, 2014
05:50 EDTSPLS, ODPStaples downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded Staples (SPLS) to Sell citing pressure on the Office products sector and margin concerns. The firm lowered its price target for shares to $11 from $11.50. Goldman coupled the downgrade with an upgrade this morning of Office Depot (ODP) to Buy from Neutral.
News For SPLS;ODP From The Last 14 Days
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March 4, 2015
09:37 EDTSPLS, ODPStarboard says combined Staples-Office Depot could be worth $32-$37 per share
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08:09 EDTSPLSStaples volatility elevated into Q4 and outlook
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March 3, 2015
15:57 EDTSPLSBofA/Merrill retail analysts hold an analyst/industry conference call
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February 27, 2015
10:52 EDTODPOptions with increasing implied volatility
Options with increasing implied volatility: WBAI ARCP BHI TLM ODP
February 24, 2015
06:55 EDTODPOffice Depot sees $400M of cash merger integration expenses from 2014-2016
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06:54 EDTODPOffice Depot expects to achieve synergy benefits of more than $750M by 2016-end
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06:53 EDTODPOffice Depot sees FY15 sales to be lower than FY14, consensus $15.5B
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06:52 EDTODP, SPLSOffice Depot says acquisition by Staples to close by end of 2015
06:52 EDTODPOffice Depot reports Q4 N. American retail division sales $1.54B
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06:51 EDTODPOffice Depot says 2015 operating priorities focus on synergies, efficiencies
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06:51 EDTODPOffice Depot reports Q4 adjusted EPS 7c, consensus 4c
Reports Q4 revenue $3.83B, consensus $3.91B
February 20, 2015
07:20 EDTSPLSWal-Mart wage increase may pressure Target, Staples, Reuters says
Wal-Mart's (WMT) wage increase announcement will likely pressure the retail, fast-food, and restaurant sectors to potentially follow suit, reports Reuters, citing an Edward Jones analyst and the managing director of consultancy firm Strategic Resource Group. The analysts specifically named Target (TGT) and Staples (SPLS). Reference Link

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