Office Depot Completes Sale of European Operations
Francesca Ruiz de Luzuriaga Named Board Chair of SCAN Group
After Slower Year, Deal Prospects Set to Brighten -- WSJ
Although the two office-supplies companies could realize meaningful cost synergies, the combined firm would still face enormous competitive pressures, says Morningstar's Liang Feng.
The intense rivalry between the office supply retailers continues in 2007. Faced with near saturation of the mature U.S. market, the major players, Staples SPLS, Office Depot ODP , and OfficeMax OMX, are looking for ways to differentiate themselves. We believe branching out into services is the next ...
Office Depot's ODP fourth-quarter and full-year results were in line with our expectations, and we are maintaining our fair value estimate of $37 per share. Total sales for the year rose by 5% over last year, with comparable-store sales (sales at stores open at least a year) increasing by 2%. The ...
Five stats from the market and the stories behind them. This week: Fed's $40 billion bond buys in question, Wal-Mart's worrisome 1% same-store sales growth, and more.
Fed policy uncertainty, the global macroeconomic picture, and e-commerce competition could curb recent consumer cyclical stock momentum.
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Our top managers continue to find attractive buying opportunities in wide-moat firms.