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Stock Market & Financial Investment News

News Breaks
April 8, 2014
11:41 EDTODP, USTR, GPCUnited Stationers down after Genuine Parts unit wins Office Depot contract
Shares of United Stationers (USTR) are moving lower after Office Products International, a publication for the office products industry, reported yesterday that S.P. Richards confirmed it won the first-call wholesale business for Office Depot (ODP) in the U.S. United Stationers and S.P. Richards, a unit of Genuine Parts (GPC), are both suppliers to Office Depot. Shares of United Stationers are down 4% to $38.08 in morning trading. Shares of Genuine Parts are up 1% to $85.63.
News For USTR;ODP;GPC From The Last 14 Days
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February 24, 2015
06:55 EDTODPOffice Depot sees $400M of cash merger integration expenses from 2014-2016
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06:54 EDTODPOffice Depot expects to achieve synergy benefits of more than $750M by 2016-end
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06:53 EDTODPOffice Depot sees FY15 sales to be lower than FY14, consensus $15.5B
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06:52 EDTODPOffice Depot says acquisition by Staples to close by end of 2015
06:52 EDTODPOffice Depot reports Q4 N. American retail division sales $1.54B
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06:51 EDTODPOffice Depot says 2015 operating priorities focus on synergies, efficiencies
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06:51 EDTODPOffice Depot reports Q4 adjusted EPS 7c, consensus 4c
Reports Q4 revenue $3.83B, consensus $3.91B
February 18, 2015
03:20 EDTGPCGenuine Parts sees FY15 free cash flow $350M
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03:20 EDTGPCGenuine Parts sees FY15 EPS excl items $4.85-$4.95, consensus $5.01
February 17, 2015
11:36 EDTGPCGenuine Parts sees FY15 EPS excl items $4.85-$4.95, consensus $5.01
11:36 EDTGPCGenuine Parts sees FY15 free cash flow $350M
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08:37 EDTGPCGenuine Parts experienced improving industry conditions
CEO Tom Gallagher commented, "Industry fundamentals were favorable in the automotive aftermarket during 2014, and we also experienced improving industry conditions across our non-automotive businesses during the year. These factors, combined with our internal sales initiatives, drove sales growth of approximately 5% for the year, while acquisitions also contributed approximately 5% to sales."
08:36 EDTGPCGenuine Parts reports Q4 EPS $1.07, consensus $1.07
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07:01 EDTGPCGenuine Parts increased dividend 7% to 61.5c
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February 16, 2015
16:22 EDTUSTRUnited Stationers announces 2015 charges for business repositioning
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16:19 EDTUSTRUnited Stationers reports Q4 adjusted EPS 88c, consensus 84c
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