Staples

The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading big-box retailers. Wall Street analysts are looking for earnings growth from one but revenue declines from both. So far, the most recent quarterly...

Anthony Chukumba of BB&T Capital Markets was a guest on CNBC's "Power Lunch" segment Wednesday to discuss the pending merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), which has now been officially terminated. According to Chukumba, the...

Shares 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...

With the Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) up nearly 5 percent year-to-date and 6.4 percent over the past 90 days, there have been plenty of good times to be long the staples sector this year. However, with another bout of “sell in May and go away” potentially looming...

Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by 0.18 percent early Tuesday morning after the New York Post reported the company is close to gaining FTC approval for its pending acquisition of Office Depot Inc (NASDAQ: ODP). Related Link: Update: Staples-Office Depot Merger Math Shows...

Two specialty retailers are expected to report their latest quarterly results this week. Consensus forecasts call for modest earnings growth from both companies. But only one of them has exceeded expectations in the past few quarters. The parade of quarterly results from the big retailers begins...

Shares 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...

Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by nearly 2 percent early Monday afternoon while shares of Office Depot Inc (NASDAQ: ODP) were lower by more than 3 percent. Staples announced in February it intends to acquire Office Depot for around $6 billion. An acquisition...

Big-box retailers will highlight the week's quarterly earnings reports. Expectations are low for Wal-Mart Stores, Inc. (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY), but somewhat higher for Home Depot Inc (NYSE: HD) and Target Corporation (NYSE: TGT). Bottom line growth is expected from some other...

Shares of Office Depot Inc (NASDAQ: ODP) have fallen significantly from mid-year highs due to continued uncertainty regarding its planned acquisition by Staples, Inc. (NASDAQ: SPLS). In a report published Monday, B. Riley analyst Scott Tilghman argued that "it is unlikely" that the...

After last week's disappointing earnings from Macy's and Nordstrom, but positive surprises from J.C. Penney and Kohl's, the big guns in retail are poised to share their most recent quarterly results this week. Consensus estimates from Wall Street analysts call for year-on-year...