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Stock Market & Financial Investment News

News Breaks
March 6, 2013
08:33 EDTODP, OMX, SPLSStaples 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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April 15, 2015
10:00 EDTSPLSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
07:00 EDTSPLSStaples upgraded to Buy from Hold at BB&T
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April 13, 2015
11:28 EDTODP, SPLSStarboard CEO says Staples, Office Depot merger 'likely to go through'
Says confident the potential merger will pass anti-trust scrutiny. Jeff Smith is speaking on CNBC.
April 9, 2015
09:18 EDTODPBofA/Merrill retail analysts hold an analyst/industry conference call
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April 8, 2015
08:09 EDTSPLSStaples management to meet with Deutsche Bank
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