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Home>Staples swings to fourth-quarter loss on impairment charges

Staples swings to fourth-quarter loss on impairment charges

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Fri, 6 Mar 2015

Staples Inc. (SPLS) swung to a net loss in the fourth quarter of fiscal 2014, as the bottom line was hit by impairment charges for the company's overseas businesses. The office-supply retailer on Friday reported a loss of $260 million, or 41 cents a share, in the fourth quarter, down from a profit
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