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ThinkstockOfficeMax Incorporated (NYSE: OMX) has figured out a way to unlock serious value of sorts. Boise Cascade has filed for an initial public offering. The IPO is said to be for up to $200...
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ThinkstockStaples Inc. (NASDAQ: SPLS) reported third-quarter fiscal 2013 adjusted diluted earnings per share (EPS) of $0.46 and $6.35 billion in revenues before the markets opened this morning. In...
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thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) cut to Hold at Jefferies. ArcelorMittal...
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Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that trade on both the...
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Staples Inc. (NASDAQ: SPLS) was initially trading higher this morning on the heels of its restructuring. The effort was supposed to have something for everyone. Cost cuts, more rapid store closures,...
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Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX)...
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If a retail company gets in trouble or starts to lag on its growth and business model, it seems like the great response is always a chance of a private equity-led buyout. Reports have Best Buy Co....
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When Lehman Bros. filed for bankruptcy in September 2008, among the many claimants was office supply retailer OfficeMax Inc. (NYSE: OMX). The retailer had acquired a Lehman-backed note for $817.5...
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What happened to the market as a whole today hardly mattered. The DJIA was up only 0.07% to 13,335. But, almost all of the news was focused on a handful of stocks. The Apple Inc. (NASDAQ: AAPL)...
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Staples Inc. (NASDAQ: SPLS) tumbled in premarket trading after posting disappointing second-quarter results and lowering its full-year guidance. The retailer reported quarterly earnings of $120.4...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Changyou.com Ltd. (NASDAQ: CYOU) started as Buy at Citigroup....
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Companies often tout their workplaces as an inviting environment for employees. Yet many are far from it, and employees at many of America’s largest corporations dislike, or even hate, their jobs....
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OfficeMax Inc. (NYSE: OMX) reported second-quarter earnings per share (EPS) of $0.12 and $1.6 billion in revenue before markets opened this morning. EPS surpassed last year’s total of $0.07, and...
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The major US stock indexes opened sharply lower this morning as weak performance in the European markets as traders try to figure out what last weekend’s elections mean. Crude oil was also sharply...
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