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Stock Market & Financial Investment News

News Breaks
March 6, 2013
08:33 EDTSPLS, ODP, OMXStaples says Office Depot, Office Max merger would be good for industry
Says expects to open first omnichannel store in Q1. Says on track to reduce total North American retail square footage by 15% by 2015, will reduce over 1M square feet this year from North American stores. Says plans call for 30 net store closures, 40 combined downsizes, relocations during 2013. Says results in Europe remain tough, but pleased with progress there. Sees high single digit growth in Staples.com in 2013, plans to more than triple number of items it sells online. Says "premature" to say too much about potential Office Max (OMX), Office Depot (ODP) deal, but that a merger would be good for customers, industry. Comments made on the Q4 earnings conference call.
News For SPLS;OMX;ODP From The Last 14 Days
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May 22, 2013
08:59 EDTSPLSOn The Fly: Pre-market Movers
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06:08 EDTSPLSStaples backs 2013 EPS cont-op view $1.30-$1.35, consensus $1.33
Backs 2013 revenue growth view up in low single-digits.
06:06 EDTSPLSStaples reports Q1 North American SSS down 2%
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06:05 EDTSPLSStaples reports Q1 EPS 26c, consensus 27c
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May 21, 2013
15:18 EDTSPLSNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Lowe's (LOW), consensus 51c; Target (TGT), consensus 87c; Staples (SPLS), consensus 27c; Toll Brothers (TOL), consensus 7c; Eaton Vance (EV), consensus 52c; American Eagle Outfitters (AEO), consensus 17c; Booz Allen (BAH), consensus 37c;
10:38 EDTSPLSStaples June volatility elevated as shares trend sharply higher into Q1
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May 9, 2013
06:02 EDTODPAcacia Research subsidiary enters into license agreement with Office Depot
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