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It's Going To Be A Big Earnings Week For These Retailers
Sunday, March 1, 2015 - 7:49pm | 887Read More...Retail will once again be the focus of earnings this week. Quarterly reports are due from Best Buy Co Inc (NYSE: BBY), Costco Wholesale Corporation (NASDAQ: COST) and Kroger Co (NYSE: KR), which are forecast to post earnings growth. However, analysts anticipate earnings declines from...
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5 Major Stories You Might've Missed This Week (From Apple TV To The SEC)
Saturday, February 7, 2015 - 5:27pm | 783Read More...Will 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...
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Staples-Office Depot Merger Likely To Be Cleared By Regulators, Says Former SEC Commissioner
Wednesday, February 4, 2015 - 4:39pm | 746Read More...Staples, 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...
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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 | 210Read More...B 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...
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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 | 180Read More...Speaking 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...
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B Riley & Co Analyst Scott Tilghman: Staples CEO Has Been Public About Dislike For Office Depot
Monday, December 15, 2014 - 2:00pm | 168Read More...When 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...
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B Riley & Co's Scott Tilghman: Little Concern From FTC On Merging Office Supplies Retailers
Monday, December 15, 2014 - 1:59pm | 126Read More...Scott Tilghman, B Riley & Co analyst, told Benzinga that there would probably be no regulatory issues with a merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP). “If we go back to what was published by the FTC in November of a year ago, we see that from a...
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B Riley & Co Analyst Scott Tilghman: 'Office Depot Management Does Great Job At Recognizing Synergy Opportunities'
Monday, December 15, 2014 - 1:11pm | 107Read More...When 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...
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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 | 106Read More...Speaking 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...
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3D Systems' Underperform Rating: What Does It Mean For The 3D Printing Industry?
Thursday, December 11, 2014 - 5:45pm | 462Read More...Analysts at Longbow Research on Wednesday initiated coverage on 3D Systems Corporation (NYSE: DDD) with an Underperform rating. Analyst Joe Wittine set a $25.00 price target, implying a significant downside from current stock prices. He argued that the company faces execution problems and...
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Markets Little Changed After Release Of Fed Minutes
Wednesday, November 19, 2014 - 6:19pm | 1123Read More...U.S. stocks ended Wednesday's trading session little changed after Fed officials expressed an ongoing concern that inflation may remain at low levels for some time despite efforts to boost the economy, according to October's FOMC minutes. “The information reviewed for the October...
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Credit Suisse Positive On Home Depot, Lowe's & Best Buy, Cautious On Staples Ahead Of Q3 Reports
Monday, November 17, 2014 - 9:51am | 406Read More...Gary Balter of Credit Suisse previewed The Home Depot, Inc. (NYSE: HD), Lowe's Companies, Inc. (NYSE: L), Staples, Inc. (NASDAQ: SPLS) and Best Buy Co Inc (NYSE: BBY) ahead of their earnings report. Bullish On Home Depot And Lowe's Based on Balter's store checks and macro...
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Earnings Expectations For The Week Of November 17: Best Buy, Home Depot, Target And More
Sunday, November 16, 2014 - 1:27pm | 876Read More...The retail earnings season rolls on this week. Big-box retailers Best Buy Co Inc (NYSE: BBY), The Home Depot, Inc. (NYSE: HD), Lowe's Companies, Inc. (NYSE: LOW), Staples, Inc. (NASDAQ: SPLS) and Target Corporation (NYSE: M) will take their turns in the earnings spotlight. After last week...
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Staples Latest Company To Investigate Data Breach
Tuesday, October 21, 2014 - 10:32am | 204Read More...Krebs On Security reported that Staples, Inc. (NASDAQ: SPLS) may be a victim of a data breach. Brian Krebs wrote that sources close to him revealed a pattern of credit and debit card fraudulent transactions that may trace back to several Staples locations in the Northeastern United States....
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A Closer Look At Major Retail Chains That Announced Store Closures In 2014
Tuesday, October 14, 2014 - 2:48pm | 1136Read More...Brian Sozzi of Belus Capital Advisors on October 6 said J.C. Penney Company Inc (NYSE: JCP) should have announced further store closures during its analyst day. "With the top and bottom lines moving in the right direction (store closures won't be viewed as a sign of weakness), analyst...
