Dec 11 (Reuters) - Activist investor Starboard Value wants to merge office-supply chains Staples Inc and Office Depot Inc, CNBC reported, citing people familiar with the matter.
Dec 11 (Reuters) - Activist investor Starboard Value LP has bought a 6 percent stake in Staples Inc and raised its stake in Office Depot Inc to 10 percent, in a move that could raise pressure for a...
(Reuters) - Office Depot Inc's quarterly profit beat market estimates as it squeezed out higher-than-expected savings from its OfficeMax acquisition, masking an overall deterioration in sales that the office supply retailer expects will continue.
* Ups OfficeMax-related saving view to $750 mln from $700 mln
4% last quarter, with growth in 11 of the top 12 customer segments) and office (up 8% from 2%, thanks to the Office Depot -Max contract win) sales. Additionally, the automotive segment continued to fire on all cylinders, with underlying
BCC ; pg 20]; manufacturer Danaher [ DHR ; pg 21]; Office Depot [ ODP ; pg 22; see link below]; Morgan Stanley [ MS ; lower ..... AIG, APA, BAC, COF, JPM, MA, TRW ; pg 37]. ODP story http://online.barrons.com/news/articles
We are dropping analyst coverage of Office Depot . Morningstar provides broad coverage of more than 1 ..... based on client demand and investor interest. We expect Office Depot can drive significant cost synergies from its combination
marketing. However, we believe the weakness also can be attributed to the aforementioned structural factors. Staples and Office Depot ’s shares repeatedly get bid up, as investors get excited by the prospect of more rational competition due to aggressive
Office Depot reported weak top-line results in the first quarter, but still increased ..... by announcing even more-aggressive steps to rationalize the combined Office Depot -Max’s cost structure, raising its 2014 adjusted operating profit
Linens 'N Things, and Borders exit the marketplace over the past few years, while names like Barnes & Noble, Sears, Office Depot , and OfficeMax struggle to reverse deteriorating fundamentals. Consolidation among mass merchants like Wal-Mart