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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.
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July 15, 2014
06:32 EDTSPLSStaples, USPS cease in-store mini-post office program, Reuters says
After several protests outside of its stores, Staples said it is set to end a pilot program with the U.S. Postal Service to set up mini-post offices in the firm's retail locations, according to Reuters, citing comments from spokeswomen representing Staples and the USPS. Reference Link
July 13, 2014
15:54 EDTSPLSGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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