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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:34 EDTSPLSStaples will no longer provide annual sales or EPS guidance
The company says this is due to going up against new competitors in new markets as it expands beyond office supplies. It also said its largest competitor is going through a multiyear integration. Expects to generate more than $600M of cash flow in FY14 which reflects cash payments related to previously announced restructuring activities.
News For SPLS From The Last 14 Days
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July 28, 2014
10:44 EDTSPLSAmazon set to launch mobile credit card reader in August, 9to5Mac reports
Amazon (AMZN) could be preparing to launch its mobile cred card reading hardware at $9.99 in the coming weeks, reports 9to5Mac, citing internal Staples (SPLS) documents. Staples stores will stock a product called the "Amazon Card Reader" alongside readers from Square, eBay's (EBAY) PayPal and Staples' own in-house brand. Reference Link

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