Staples (SPLS) Surges as Office Depot/OfficeMax Close to a Deal
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Jefferies Lifts PT on Staples (SPLS) to $15
February 20, 2013 6:54 AM ESTJefferies boosted its price target on hold-rated Staples, Inc. (NASDAQ: SPLS) from $12 to $15 following news OMX/ODP could merge.
The firm comments, "Strong secular trends in the office products industry and increased competition facing the office superstore (OSS) channel from the club, mass,... More
Notable ETF Movers of the Day 02/19: (XRT) (PBW) Higher; (SLV) Lower
February 19, 2013 2:29 PM ESTGainers:
SPDR S&P Retail ETF (NYSE: XRT) gained 1.6 percent to 68.55. Much of the action took place in the office supply space, with shares of Office Max (NYSE:... More
OfficeMax (OMX), Office Depot (ODP) In Advanced Merger Talks - Reports
February 18, 2013 2:15 PM ESTWith U.S. markets closed Monday for President's Day, reports from the Wall Street Journal have surfaced that office supply retailers OfficeMax, Inc. (NYSE: OMX) and Office Depot (NYSE: ODP) are in advanced talks to merge.
The... More
Staples (SPLS) Might be Worth $20 Per Share to Private Equity
October 8, 2012 3:55 PM EDTThe weak state of the U.S. economy has hurt small businesses, and as a result Staples (Nasdaq: SPLS)... More
