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.
Good day, everyone, and welcome to the Duke Energy Fourth Quarter and Year-end Conference Call. Today's conference is being recorded.
Bank of America Corp. led decliners in the Dow Jones Industrial Average after reporting profit dropped 63 percent, hurt by shrinking revenue and more costs from cleaning up bad mortgages.
The good news for the merger and acquisitions market in 2012? Corporate profit margins have soared.
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