|Last Price$48.69||Day Change (%)1.73%|
|Open Price$48.33||Day Change ($)0.83|
|Day Range47.97–48.92||52-Week Range33.49–48.92|
As of Fri 12/19/2014 07:06 PM EST | USD
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 ...
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Fed policy uncertainty, the global macroeconomic picture, and e-commerce competition could curb recent consumer cyclical stock momentum.
Favorable conditions are in place for merger-arbitrage ETFs, including increasing M&A activity and the likelihood of higher interest rates.