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Is There A Parallel Between The Staples-Office Depot Deal And Sysco-US Foods?
Wednesday, June 24, 2015 - 4:06pm | 280Staples, Inc. (NASDAQ: SPLS) shares closed down more than 3 percent on Wednesday and Office Depot Inc (NASDAQ: ODP) dipped about 1.6 percent following a New York Post report that a planned merger between the two companies could be under threat. The Post's Josh Kosman posited morning that...
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Why Some Malls Thrive While Others Lag Behind
Friday, April 5, 2013 - 7:48am | 564It’s a tale of two types of malls. One, a neighborhood strip mall, typically anchored by a grocery or drugstore. The other, a large regional shopping center, anchored by several large retailers like Sears (NASDAQ: SHLD), J.C. Penney (NYSE: JCP), and Macy’s (NYSE: M) with smaller specialty...
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Citi Reports Office Depot Appoints Neil Austrian As Chairman And CEO
Tuesday, May 24, 2011 - 7:24am | 161According to Citi, Office Depot (NYSE: ODP) announced AMC today that it was naming Neil Austrian, previously interim Chairman and CEO, as permanent Chairman and CEO. Citi said that it views today's announcement as a net positive. “1) We believe the market will positively view increased management...
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Piper Jaffray Maintains Rating, PT On ODP
Wednesday, April 27, 2011 - 7:48am | 122Piper Jaffray, following the release of Q1F11 results, is maintaining its Neutral rating and price target of $5 on Office Depot (NYSE: ODP). Says Piper Jaffray, in the report, “We are maintaining our Neutral rating and Price Target of $5 following ODP's Q1 F11 earnings call. ODP fell slightly...