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U.S. equity markets opened higher this morning, but the three major indexes fell below the neutral line after the first hour or so of trading. In Europe, Greece said its GDP contracted by 7.2% in the...
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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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U.S. equity markets opened lower this morning on softness in Asian markets and another punt in the eurozone. In Asia, China is rumored to be ready to expand its property tax program, Japanese...
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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 we have seen from Wall St. research calls this Thursday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Outperform...
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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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The three major U.S. stock indexes opened higher this morning but were unable to hold gains into the afternoon. In Europe this morning, a Spanish bond auction widened the spread between German and...
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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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Staples Inc. (NASDAQ: SPLS) is going to try to turn its ship around all on its own. The company has announced a formal strategic plan to accelerate growth and to better serve the needs of its...
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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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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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Shares of Staples, Inc. (NASDAQ: SPLS) fell 1.18% to close at $10.85 on trading volume of 15 million shares. The company was downgraded by Morgan Stanley on Friday from ‘overweight’ to ‘equal...
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The three major U.S. stock indexes opened lower this morning but picked up some buying steam in the first hour or so of trading. The morning’s report on durable goods sales looked good until...
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Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday morning. Abercrombie & Fitch Co. (NYSE: ANF) maintained...
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