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Staples-Office Depot Merger Collapses After Block By Judge
Wednesday, May 11, 2016 - 7:47am | 312Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by more than 16 percent early Wednesday morning, while shares of Office Depot Inc (NASDAQ: ODP) plunged more than 35 percent after the companies called off their proposed merger. Staples said in its press release the decision to...
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European Authorities To Approve Staples-Office Depot Under Several Conditions
Wednesday, February 10, 2016 - 2:25pm | 326Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by more than 3 percent on Wednesday after European Union regulators approved its pending merger with Office Depot Inc (NASDAQ: ODP) on several conditions. According to The New York Times, European regulators said that the merger can be...
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Staples Remains 'Committed' To Completing Acquisition Of Office Depot, Extends Termination Date To May 16
Wednesday, January 20, 2016 - 12:21pm | 213Shares of Staples, Inc. (NASDAQ: SPLS) sank to a new 52-week low of $8.29 on Wednesday and was trading lower by nearly 5 percent after the company provided an update on its proposed acquisition of Office Depot Inc (NASDAQ: ODP). Staples announced that the Board of Directors of both companies...
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Staples Falls 17% After Q2 Earnings
Wednesday, August 15, 2012 - 12:57pm | 162Shares of Staples (NASDAQ: SPLS) are under heavy pressure on Wednesday after the company released its fiscal second-quarter earnings results prior to the opening bell. Staples reported net income of $120.43 million or $0.18 per share, compared to $176.44 million or $0.25 per share, in the year ago...
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Deutsche Bank Maintains Buy Rating on SPLS
Wednesday, October 5, 2011 - 7:23am | 87After meeting with Staples (NASDAQ: SPLS) CEO Ron Sargent, Deutsche Bank reiterates its Buy rating. In a report published this morning, Deutsche Bank writes, “We recently met with Staples CEO Ron Sargent, and takeaways include our view that SPLS continues to take share and is adequately...