-
Earnings Expectations For The Week: Retailers On Parade
Monday, February 23, 2015 - 7:46am | 1073Wal-Mart Stores, Inc. (NYSE: WMT) kicked off retail earnings season last week, though its strong quarterly earnings were overshadowed by news of its wage hike. More big retailers take turns in the earnings spotlight this week, including Home Depot Inc (NYSE: HD), J C Penney Company Inc (NYSE:...
-
5 Major Stories You Might've Missed This Week (From Apple TV To The SEC)
Saturday, February 7, 2015 - 5:27pm | 783Will there ever come a time when Apple Inc. (NASDAQ: AAPL) fails to provide one of the top stories of the week? Absolutely -- it happens a few times a year. Other than that, the Cupertino, California-based tech giant tends to be a dominant (if not the dominant) force in technology. Here are...
-
Staples-Office Depot Merger Likely To Be Cleared By Regulators, Says Former SEC Commissioner
Wednesday, February 4, 2015 - 4:39pm | 746Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP) are slated to merge in a deal valued at $6.3 billion. Former SEC Commissioner Steve Wallman told Benzinga that while there are some antitrust issues that need to be addressed, the merger is likely to go through. "The...
-
B Riley & Co Analyst Scott Tilghman Says A Staples/Office Max Combination Would Probably Look More Like A Merger
Monday, December 15, 2014 - 2:11pm | 210B Riley & Co Analyst Scott Tilghman told Benzinga that the office supply sector is facing structural headwinds. “It’s very clear that you have declining consumption in paper, ink and toner -- the core categories in the mix,” he said. That’s why Tilghman thinks that...
-
B Riley & Co's Scott Tilghman On Possibility Of Staples, Office Depot Merger: 'There's A Lot Of Cost-Savings To Be Had There'
Monday, December 15, 2014 - 2:05pm | 180Speaking about Starboard Value’s rumored interest in combining Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman said that without a doubt, putting two companies in a similar industry with a similar footprint together will drive...
-
B Riley & Co Analyst Scott Tilghman: Staples CEO Has Been Public About Dislike For Office Depot
Monday, December 15, 2014 - 2:00pm | 168When asked about the possibility of Starboard Value seeking a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman told Benzinga that Staples management, and its CEO especially, has been public about its dislike for Office Depot...
-
B Riley & Co Analyst Scott Tilghman: 'Office Depot Management Does Great Job At Recognizing Synergy Opportunities'
Monday, December 15, 2014 - 1:11pm | 107When asked about the possibility of a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), B Riley & Co Analyst Scott Tilghman said that the Office Depot management team and CEO Roland Smith, in particular, have done an “incredible job” at recognizing...
-
B Riley & Co Analyst Scott Tilghman: 'Combination Of Office Depot, Staples In Some Form Or Fashion Has Been Speculated About For Years'
Monday, December 15, 2014 - 1:10pm | 106Speaking to Benzinga, B Riley & Co Analyst Scott Tilghman said that a merger of Office Depot Inc (NASDAQ: ODP) and Staples, Inc. (NASDAQ: SPLS) has been “in some form or fashion” speculated about for a number of years. “The first step in that process was really, in many...
-
Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
-
Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
-
Earnings Expectations For The Week Of August 4: Media Giants, Retailers And More
Sunday, August 3, 2014 - 11:25am | 1049Much of the S&P 500 have already shared their second-quarter results, but earnings season rolls on this week. Big media players will take their turns stepping into the spotlight this week. Tuesday morning look for results from Walt Disney (NYSE: DIS). Earnings per share are expected be by...
-
'World's Largest 3D Printing Store' Comes To The Big Apple
Friday, August 1, 2014 - 10:53am | 769Sylvain Preumont, CEO of startup iMakr, opened iMakr’s first 3D printing and 3D printing services store in London a year ago. Now Preumont, who spoke with Benzinga by telephone, has opened his second store -– this one in New York. From Online To Storefront Many if not most...
-
3 Retailers The Shorts Are Selling
Thursday, June 12, 2014 - 10:46am | 903Among the struggling U.S.-based retailers, Avon Products (NYSE: AVP), Barnes & Noble (NYSE: BKS) and Sears Holdings (NASDAQ: SHLD) saw significant upswings in short interest between the May 15 and May 30 settlement dates. The number of shares sold short in Best Buy and J.C. Penney swelled more...
-
Barron's Recap: The New Face Of Wall Street
Sunday, June 8, 2014 - 2:33pm | 799This weekend in Barron's online: Morgan Stanley's makeover, the top 100 women financial advisors, as well as the prospects for Danaher, Office Depot, EOG Resources and more. Cover Story "Morgan Stanley's Makeover" by Avi Salzman. Morgan Stanley's (NYSE: MS) strategy of lower risk and less debt...
-
Market Wrap For May 27: S&P 500 Closes At New Record High After Holiday Weekend
Tuesday, May 27, 2014 - 4:48pm | 1979U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...