Office Depot Cmn (ODP) 3.50 $ODP
Office Depot, Inc. Works with Educators to Bring Collaborative Classroom Design Elements to Middle and High School Classes
BusinessWire - Mon Jun 06, 8:00AM CDT
Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced that its "Committed to Learning" education experts are working with the Education Service Center (ESC) Region 11 in north Texas to give teachers hands-on experiences with designing classrooms with new technology and furniture that can help individualize future-ready learning for every child.
ODP: 3.50 (-0.02)
Economists from Charles River Associates (CRA) Provide Antitrust & Competition Analyses in Successful Challenge of Office Supply Merger between Staples and Office Depot
BusinessWire - Thu Jun 02, 7:30AM CDT
Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that CRA provided antitrust and competition economics analysis support to the Federal Trade Commission (FTC) in its successful challenge of the $6.3 billion merger between Staples and Office Depot. In December 2015, the FTC sought a preliminary injunction to block the merger over concerns that it would significantly reduce competition nationwide in the market for consumable office supplies sold to large business customers for their own use. The ruling granting the preliminary injunction was announced on May 10, 2016.
ODP: 3.50 (-0.02), CRAI: 25.06 (-0.16)
Business Highlights
By The Associated Press - AP - Tue May 31, 4:45PM CDT
___
SPLS: 8.71 (-0.04), AGN: 240.93 (-6.47), ODP: 3.50 (-0.02), GIS: 65.41 (+0.07)
Longtime Staples CEO to go after Office Depot deal scrapped
AP - Tue May 31, 4:16PM CDT
NEW YORK (AP) — Staples Inc. says Ron Sargent will step down as chief executive after 14 years on the job.
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Office Depot (ODP) Breaks Through Resistance at $3.57
Comtex SmarTrend(R) - Tue May 31, 8:35AM CDT
Shares of Office Depot (NYSE:ODP) opened today above their pivot of $3.51 and have already reached the first level of resistance at $3.57. Should the shares continue to rise, the resistance pivots of $3.60 and $3.69 will be of interest.
ODP: 3.50 (-0.02)
Office Depot Announces $100 Million Stock Repurchase Program
BusinessWire - Tue May 31, 7:00AM CDT
Office Depot, Inc. (NASDAQ: ODP) today announced that the Board of Directors has authorized a stock repurchase program of up to $100 million of its outstanding common stock.
ODP: 3.50 (-0.02)
Competition Bureau withdrawing its court challenge of Staples' acquisition of Office Depot
CNW Group - Thu May 19, 7:00AM CDT
The Commissioner of Competition has officially withdrawn his application to the Competition Tribunal challenging Staples' proposed acquisition of Office Depot in light of announcements by the parties that they are abandoning the proposed merger.
ODP: 3.50 (-0.02)
Award Winning Explainer Video Company, Demoflick Officially Relaunches Website with More Resources and Expanded Creative Portfolio
PRWeb - Thu May 19, 2:30AM CDT
Demoflick, an award winning explainer video animation studio, today announced the launch of its expanded website. A pioneer in the explainer video space, Demoflick has more than 700 clients ranging from small start-ups through leading brands like Hewlett-Packard, Office Depot, FICO, LegalZoom, Wyndham, and Anthem Blue Cross & Blue Shield.
ODP: 3.50 (-0.02), HPQ: 13.50 (-0.34)
Company News for May 18, 2016
Zacks Equity Research - Zacks Investment Research - Wed May 18, 9:10AM CDT
Companies in the News are: ALK,VA,HTZ,ODP,SPLS,SYT
SPLS: 8.71 (-0.04), HTZ: 10.68 (-0.50), SYT: 81.17 (-0.39), VA: 56.02 (-0.09), ODP: 3.50 (-0.02), ALK: 66.92 (-0.58)
Staples (SPLS) Beats on Q1 Earnings, Revenues; Guides Q2
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:19AM CDT
Staples Inc. (SPLS) reported first-quarter fiscal 2016 earnings per share of 17 cents, which surpassed the Zacks Consensus Estimate by a penny but remained flat year over year.
SPLS: 8.71 (-0.04), CAB: 50.29 (-0.02), ODP: 3.50 (-0.02), ULTA: 239.98 (-0.03)
Why These Investors' Finds are on the Radar? - eBay, Alibaba, Office Depot, and Staples
PR Newswire - Wed May 18, 7:35AM CDT
The Specialty Retail segment has seen some ups and downs since the beginning of this year, but several names continue to perform remarkably. ActiveWallSt.com has these four familiar names lined up ahead of today's session: eBay Inc. (NASDAQ: EBAY), Alibaba Group Holding Ltd (NYSE: BABA), Office Depot Inc. (NASDAQ: ODP), and Staples Inc. (NASDAQ: SPLS). Sign up now and access the trading alerts for these stocks by clicking below:
SPLS: 8.71 (-0.04), EBAY: 24.07 (-0.26), ODP: 3.50 (-0.02), BABA: 75.92 (-1.64)
Staples, Inc. Announces First Quarter 2016 Performance
BusinessWire - Wed May 18, 5:00AM CDT
Staples, Inc. (Nasdaq: SPLS) announced today the results for its first quarter ended April 30, 2016. Total company sales for the first quarter of 2016 were $5.1 billion, a decrease of three percent compared to the first quarter of 2015. On a GAAP basis, the company reported net income of $41 million, or $0.06 per diluted share. First quarter 2016 results on a GAAP basis include pre-tax charges of $66 million primarily related to costs associated with the proposed acquisition of Office Depot and store closures, and $32 million related to the pending sale of the company's Print Solutions business.
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Office Depot Falls 6.45% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue May 17, 2:35PM CDT
Office Depot (NYSE:ODP) traded in a range yesterday that spanned from a low of $3.18 to a high of $3.52. Yesterday, the shares fell 6.4%, which took the trading range below the 3-day low of $3.22 on volume of 21.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ODP: 3.50 (-0.02)
Look for Shares of Office Depot to Potentially Rebound after Yesterday's 6.45% Sell Off
Comtex SmarTrend(R) - Tue May 17, 2:34PM CDT
Office Depot (NYSE:ODP) traded in a range yesterday that spanned from a low of $3.18 to a high of $3.52. Yesterday, the shares fell 6.4%, which took the trading range below the 3-day low of $3.22 on volume of 21.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ODP: 3.50 (-0.02)
Watch for Shares of Office Depot (ODP) to Approach Support at $3.13
Comtex SmarTrend(R) - Tue May 17, 9:06AM CDT
Office Depot (NYSE:ODP) has opened bearishly below the pivot of $3.53 today and has reached the first level of support at $3.31. Analysts will be watching for a cross of the next downside pivot targets of $3.13 and $2.73.
ODP: 3.50 (-0.02)
Office Depot Announces Termination of Merger Agreement with Staples
BusinessWire - Mon May 16, 3:30PM CDT
--Executes $1.2 Billion Five-Year Extension to its Credit Facility
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Technavio Announces Top Three Trends for the Global Stationery and Cards Market Through 2020
BusinessWire - Fri May 13, 11:20AM CDT
Technavio's latest global stationery and cards market report highlights three key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
ODP: 3.50 (-0.02), ACCO: 10.42 (-0.18)
Retailers Sink: Alarm Bell Ringing for ETFs as Q1 Unfolds?
Sweta Killa - Zacks Investment Research - Thu May 12, 10:10AM CDT
With a flurry of retailers earnings this week and in the next, the movement of the ETFs will depend on their hidden surprises.
SPLS: 8.71 (-0.04), FOSL: 28.05 (-0.62), PMR: 34.45 (-0.16), JCP: 8.20 (-0.22), TGT: 67.88 (+0.19), JWN: 38.88 (-0.69), M: 33.24 (-0.36), ODP: 3.50 (-0.02), KORS: 49.84 (-0.90), RTH: 76.54 (-0.31), ROST: 53.63 (-0.59), XRT: 41.71 (-0.61)
Stock Market News for May 12, 2016
Zacks Equity Research - Zacks Investment Research - Thu May 12, 9:10AM CDT
Despite a rally in oil prices, benchmarks finished in the red on Wednesday following slump in shares of Disney
SPLS: 8.71 (-0.04), NKE: 55.11 (+0.17), GME: 26.53 (-0.74), CAB: 50.29 (-0.02), DIS: 97.34 (-0.50), M: 33.24 (-0.36), MIK: 27.01 (-0.39), KORS: 49.84 (-0.90), PVH: 96.65 (-0.56), GPI: 58.13 (-1.33), FOSL: 28.05 (-0.62), PLCE: 71.43 (-0.69), JWN: 38.88 (-0.69), ODP: 3.50 (-0.02), ULTA: 239.98 (-0.03)
Office Depot, Inc. Works with Educators to Bring Collaborative Classroom Design Elements to Middle and High School Classes
BusinessWire - Mon Jun 06, 8:00AM CDT
Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced that its "Committed to Learning" education experts are working with the Education Service Center (ESC) Region 11 in north Texas to give teachers hands-on experiences with designing classrooms with new technology and furniture that can help individualize future-ready learning for every child.
ODP: 3.50 (-0.02)
Economists from Charles River Associates (CRA) Provide Antitrust & Competition Analyses in Successful Challenge of Office Supply Merger between Staples and Office Depot
BusinessWire - Thu Jun 02, 7:30AM CDT
Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that CRA provided antitrust and competition economics analysis support to the Federal Trade Commission (FTC) in its successful challenge of the $6.3 billion merger between Staples and Office Depot. In December 2015, the FTC sought a preliminary injunction to block the merger over concerns that it would significantly reduce competition nationwide in the market for consumable office supplies sold to large business customers for their own use. The ruling granting the preliminary injunction was announced on May 10, 2016.
ODP: 3.50 (-0.02), CRAI: 25.06 (-0.16)
Business Highlights
By The Associated Press - AP - Tue May 31, 4:45PM CDT
___
SPLS: 8.71 (-0.04), AGN: 240.93 (-6.47), ODP: 3.50 (-0.02), GIS: 65.41 (+0.07)
Longtime Staples CEO to go after Office Depot deal scrapped
AP - Tue May 31, 4:16PM CDT
NEW YORK (AP) — Staples Inc. says Ron Sargent will step down as chief executive after 14 years on the job.
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Office Depot (ODP) Breaks Through Resistance at $3.57
Comtex SmarTrend(R) - Tue May 31, 8:35AM CDT
Shares of Office Depot (NYSE:ODP) opened today above their pivot of $3.51 and have already reached the first level of resistance at $3.57. Should the shares continue to rise, the resistance pivots of $3.60 and $3.69 will be of interest.
ODP: 3.50 (-0.02)
Office Depot Announces $100 Million Stock Repurchase Program
BusinessWire - Tue May 31, 7:00AM CDT
Office Depot, Inc. (NASDAQ: ODP) today announced that the Board of Directors has authorized a stock repurchase program of up to $100 million of its outstanding common stock.
ODP: 3.50 (-0.02)
Competition Bureau withdrawing its court challenge of Staples' acquisition of Office Depot
CNW Group - Thu May 19, 7:00AM CDT
The Commissioner of Competition has officially withdrawn his application to the Competition Tribunal challenging Staples' proposed acquisition of Office Depot in light of announcements by the parties that they are abandoning the proposed merger.
ODP: 3.50 (-0.02)
Award Winning Explainer Video Company, Demoflick Officially Relaunches Website with More Resources and Expanded Creative Portfolio
PRWeb - Thu May 19, 2:30AM CDT
Demoflick, an award winning explainer video animation studio, today announced the launch of its expanded website. A pioneer in the explainer video space, Demoflick has more than 700 clients ranging from small start-ups through leading brands like Hewlett-Packard, Office Depot, FICO, LegalZoom, Wyndham, and Anthem Blue Cross & Blue Shield.
ODP: 3.50 (-0.02), HPQ: 13.50 (-0.34)
Company News for May 18, 2016
Zacks Equity Research - Zacks Investment Research - Wed May 18, 9:10AM CDT
Companies in the News are: ALK,VA,HTZ,ODP,SPLS,SYT
SPLS: 8.71 (-0.04), HTZ: 10.68 (-0.50), SYT: 81.17 (-0.39), VA: 56.02 (-0.09), ODP: 3.50 (-0.02), ALK: 66.92 (-0.58)
Staples (SPLS) Beats on Q1 Earnings, Revenues; Guides Q2
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:19AM CDT
Staples Inc. (SPLS) reported first-quarter fiscal 2016 earnings per share of 17 cents, which surpassed the Zacks Consensus Estimate by a penny but remained flat year over year.
SPLS: 8.71 (-0.04), CAB: 50.29 (-0.02), ODP: 3.50 (-0.02), ULTA: 239.98 (-0.03)
Why These Investors' Finds are on the Radar? - eBay, Alibaba, Office Depot, and Staples
PR Newswire - Wed May 18, 7:35AM CDT
The Specialty Retail segment has seen some ups and downs since the beginning of this year, but several names continue to perform remarkably. ActiveWallSt.com has these four familiar names lined up ahead of today's session: eBay Inc. (NASDAQ: EBAY), Alibaba Group Holding Ltd (NYSE: BABA), Office Depot Inc. (NASDAQ: ODP), and Staples Inc. (NASDAQ: SPLS). Sign up now and access the trading alerts for these stocks by clicking below:
SPLS: 8.71 (-0.04), EBAY: 24.07 (-0.26), ODP: 3.50 (-0.02), BABA: 75.92 (-1.64)
Staples, Inc. Announces First Quarter 2016 Performance
BusinessWire - Wed May 18, 5:00AM CDT
Staples, Inc. (Nasdaq: SPLS) announced today the results for its first quarter ended April 30, 2016. Total company sales for the first quarter of 2016 were $5.1 billion, a decrease of three percent compared to the first quarter of 2015. On a GAAP basis, the company reported net income of $41 million, or $0.06 per diluted share. First quarter 2016 results on a GAAP basis include pre-tax charges of $66 million primarily related to costs associated with the proposed acquisition of Office Depot and store closures, and $32 million related to the pending sale of the company's Print Solutions business.
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Office Depot Falls 6.45% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue May 17, 2:35PM CDT
Office Depot (NYSE:ODP) traded in a range yesterday that spanned from a low of $3.18 to a high of $3.52. Yesterday, the shares fell 6.4%, which took the trading range below the 3-day low of $3.22 on volume of 21.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ODP: 3.50 (-0.02)
Look for Shares of Office Depot to Potentially Rebound after Yesterday's 6.45% Sell Off
Comtex SmarTrend(R) - Tue May 17, 2:34PM CDT
Office Depot (NYSE:ODP) traded in a range yesterday that spanned from a low of $3.18 to a high of $3.52. Yesterday, the shares fell 6.4%, which took the trading range below the 3-day low of $3.22 on volume of 21.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ODP: 3.50 (-0.02)
Watch for Shares of Office Depot (ODP) to Approach Support at $3.13
Comtex SmarTrend(R) - Tue May 17, 9:06AM CDT
Office Depot (NYSE:ODP) has opened bearishly below the pivot of $3.53 today and has reached the first level of support at $3.31. Analysts will be watching for a cross of the next downside pivot targets of $3.13 and $2.73.
ODP: 3.50 (-0.02)
Office Depot Announces Termination of Merger Agreement with Staples
BusinessWire - Mon May 16, 3:30PM CDT
--Executes $1.2 Billion Five-Year Extension to its Credit Facility
SPLS: 8.71 (-0.04), ODP: 3.50 (-0.02)
Technavio Announces Top Three Trends for the Global Stationery and Cards Market Through 2020
BusinessWire - Fri May 13, 11:20AM CDT
Technavio's latest global stationery and cards market report highlights three key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
ODP: 3.50 (-0.02), ACCO: 10.42 (-0.18)
Retailers Sink: Alarm Bell Ringing for ETFs as Q1 Unfolds?
Sweta Killa - Zacks Investment Research - Thu May 12, 10:10AM CDT
With a flurry of retailers earnings this week and in the next, the movement of the ETFs will depend on their hidden surprises.
SPLS: 8.71 (-0.04), FOSL: 28.05 (-0.62), PMR: 34.45 (-0.16), JCP: 8.20 (-0.22), TGT: 67.88 (+0.19), JWN: 38.88 (-0.69), M: 33.24 (-0.36), ODP: 3.50 (-0.02), KORS: 49.84 (-0.90), RTH: 76.54 (-0.31), ROST: 53.63 (-0.59), XRT: 41.71 (-0.61)
Stock Market News for May 12, 2016
Zacks Equity Research - Zacks Investment Research - Thu May 12, 9:10AM CDT
Despite a rally in oil prices, benchmarks finished in the red on Wednesday following slump in shares of Disney
SPLS: 8.71 (-0.04), NKE: 55.11 (+0.17), GME: 26.53 (-0.74), CAB: 50.29 (-0.02), DIS: 97.34 (-0.50), M: 33.24 (-0.36), MIK: 27.01 (-0.39), KORS: 49.84 (-0.90), PVH: 96.65 (-0.56), GPI: 58.13 (-1.33), FOSL: 28.05 (-0.62), PLCE: 71.43 (-0.69), JWN: 38.88 (-0.69), ODP: 3.50 (-0.02), ULTA: 239.98 (-0.03)
