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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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September 4, 2015
10:34 EDTODPOptions with increasing implied volatility
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08:25 EDTODP, SPLSFTC sends more subpoenas to Staples, Office Depot customers, NY Post reports
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August 30, 2015
14:34 EDTSPLSPayPal shares could gain 40% as e-commerce grows, Barron's says
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August 28, 2015
16:53 EDTODP, SPLSStaples, Office Depot certify substantial compliance with Second Request
Staples (SPLS) and Office Depot (ODP) announced that they have certified substantial compliance with the Request for Additional Information from the United States Federal Trade Commission regarding the proposed merger between Staples and Office Depot. Additionally, Staples and Office Depot have entered into a timing agreement with the FTC pursuant to which Staples and Office Depot have agreed not to close the proposed merger until at least forty-five full calendar days after each company has certified substantial compliance with the Second Request. "We are pleased to have completed our submission of documents and information to the FTC in connection with the Second Request," said Ron Sargent, chairman and chief executive officer, Staples. "We will continue to work closely with the FTC, and we look forward to completing the transaction."
August 27, 2015
12:01 EDTSPLSStocks with call strike movement; APA SPLS
Apache (APA) December 15 call option implied volatility decreased 9% to 42, Staples (SPLS) December 15 call option implied volatility decreased 9% to 42 according to iVolatility.

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