All Posts Tagged With: "SPLS"
(OMX) OfficeMax Stays at Neutral
We have a long-term Neutral recommendation on OfficeMax Inc. (OMX) with a price target of $6.00. The company provides office supplies and paper, print and document services, technology products and solutions...
(AVY) Avery Dennison Selling Office Business
Avery Dennison Corporation (AVY) is divesting its underperforming Office and Consumer Products to its competitor 3M Co. (MMM), the maker...
(SPLS) Staples 2011 Third Quarter Earnings Scorecard
Staples Inc. (SPLS), the global leader in the supply of office products, recently posted third-quarter 2011 results. Street analysts had enough time to ponder on the company’s scores. In the paragraphs...
(SPLS) Staples Reports Quarterly Earnings In Line
Staples Inc. (SPLS), the global leader in the supply of office products, recently posted third-quarter 2011 results. The quarterly earnings of 47 cents a share came in line with the Zacks Consensus Estimate...
(DELL) U.S. Retail Sales Disappoint
Europe remains in the headlines, with rating downgrades for two major French banks due to their Greek exposure. But the overall tone of Europe-centric headlines has improved as the Germans have started to back-peddle from some of their tougher statements.
It may be...
(AMZN) Amazon.com Playing the “Jobs” Card
One of the largest online retailers, Amazon.com Inc (AMZN), continues to oppose sales tax collection by offering to create jobs instead. Thanks to the weak jobs scenario and consistently depressing jobs reports,...
(ANF) Stock Market News for August 18, 2011 – Market News
On Wednesday, The Dow Jones Industrial Average see-sawed between positive and negative territory, eventually closing flat as did the S&P. The Nasdaq closed in the red after tech shares dragged the index lower following Dell’s revised sales forecast. However, a few positive...
(BJ) Company News for August 18, 2011 – Corporate Summary
• Deere (NYSE:DE) reported Q3 EPS of $1.69, ahead of the Zacks Consensus Estimates of $1.68 per share. Revenues for the quarter rose 24.1% year-over-year to $7.72 billion• Dell Inc. (NASDAQ:
(ODP) Office Depot and OfficeMax to Merge?
Bloomberg reports that Office Depot (ODP), the second-largest U.S. office-supply chain, could merge with OfficeMax Incorporated (OMX). Intense...
(SPLS) Staples Incorporated – Bear of the Day
Staples, Inc. (SPLS) posted lower-than-expected first-quarter 2011 results. The quarterly earnings of $0.28 per share missed the Zacks Consensus Estimate of $0.32 and remained flat compared with the prior-year...
(DELL) Market Demonstrates Strong Earnings Reports
With nothing major on the economic calendar today, stocks will likely struggle to gain traction, with macro concerns dominating the market discourse. We do have a number of positive earnings reports from household names that may help improve sentiment after days of market...
(ANF) Company News for May 19, 2011 – Corporate Summary
• Abercrombie & Fitch (NYSE:ANF) reported Q1 EPS of $0.27, surpassing the Zacks Consensus Estimate of $0.11 per share. Revenues for the quarter rose 22% year-over-year to $836.7 million, beating the Zacks Consensus...
(ODP) Office Depot Contracts with National IPA
The leading provider of office supplies and services, Office Depot Inc. (ODP), in a streak to enhance its revenue stream, has recently entered into a five-year office furniture contract with the National Intergovernmental...
(BAC) Stock Market News for November 18, 2010 – Market News
Stocks closed mixed on Wednesday amid lingering concerns about debt problems in Europe and a sharp drop in construction of new homes in the U.S. Financials were the weak spot in yesterday’s trading but strength in retailers’ shares helped contain the losses.
The...
(AMAT) Company News for November 18, 2010 – Corporate Summary
• GM (NYSE:GM) priced its IPO at the upper end of its range at $33 per share, and expanded the number of shares being offered to 478 million
• Sears Holdings (NASDAQ:SHLD) reported a wider third quarter loss than expected at $1.98 versus the expected $1.07, on...
(ODP) Office Depot Third Quarter 2010 Earnings Preview
Office Depot Inc. (ODP), one of the leading suppliers of office products and services, is scheduled to report its third-quarter 2010 financial results before the bell on Wednesday, October 27, 2010. The current...
(BA) Stock Market News for September 9, 2010 – Market News
Stocks advanced modestly on Wednesday as easing worries about European finances helped investors set aside concerns resulting from the Federal Reserve’s latest Beige Book report. The beige book report on regional economic activity noted widespread signs of deceleration,...
(BMY) Company News for September 8, 2010 – Corporate Summary
• Bristol-Meyers (NYSE:BMY) said it agreed to acquire ZymoGenetics (NASDAQ:ZGEN) for $9.75 per share, in a deal valued at 885 million
• A Bloomberg report said Vodafone (NASDAQ:VOD) will sell its stake in China Mobile (NYSE:CHL) for $6.6 billion
• Smithfield...
(LXK) Lexmark Guns for Hewlett-Packard’s Top Spot
by Alexander Moschina, Investment U Research
Wednesday, August 11, 2010
The second quarter of 2010 brought another big leap for Lexington, KY-based Lexmark International, Inc. (NYSE: LXK).
- Sales...
11Aug2010 | InvestmentU | 0 comments | Continued
(SPLS) Staples Earnings Rise 27.3% Year-Over-Year
Staples, Inc. (SPLS), the global leader in the supply of office products, recently reported better-than-expected first quarter results but provided a moderate outlook.
Quarterly earnings of 28 cents...
(KIM) Kimco Realty Forms Joint Venture to Acquire Assets
Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently formed a joint venture with BIG Shopping Centers, an Israeli publicly traded company, to acquire high-quality neighborhood...
(SPLS) Staples Analyst Maintains Neutral Rating
We are maintaining a Neutral rating on Staples Inc. (SPLS), the world’s leading retailer of office products and services, with a target price of $24.00.
Staples, which anticipates a moderate recovery...
(SPLS) Staples Offers Buyout of Remaining Stake in Australian Company
Staples, Inc. (SPLS), the world’s leading retailer of office products and services, recently offered to buy out the remaining stake in Corporate Express Australia Limited.
Staples already holds a...
(SPLS) Office Products Store Staples Hikes Dividend
Staples Inc. (SPLS), the global leader for the supply of office products, recently boosted its quarterly dividend by 9%. The Board has approved an increase in annual dividend to 36 cents (or 9 cents quarterly)...
(SPLS) Staples’ Quarterly Earnings Report In Line With The Street
Staples Inc. (SPLS), the global leader in the supply of office products, recently reported fourth-quarter 2009 financial results that remained in line with the Zacks Consensus Estimate.
The quarterly...
(CNTY) Three Stocks Ready to Benefit from the Economy’s Newfound Strength
by Marc Lichtenfeld, Advisory Panelist
Friday, February 12, 2010: Issue #1196
The...
(SPLS) Staples Analyst Initiates Coverage At Neutral
Recently, we initiated coverage on Staples, Inc., (SPLS) with a Neutral rating and a price target of $26.00.
Staples is a leading retailer of office products and services. The company distributes its...
(SPLS) Staples’ Earnings Beat Estimates
Staples, Inc. (SPLS), the global leader in the supply of office products, recently reported third-quarter 2009 financial results that surpassed the Zacks Consensus Estimate on the heels of effective cost...
(VPRT) VistaPrint Surpasses Estimates by a Nickel
VistaPrint N.V.’s (VPRT) first quarter earnings for fiscal year 2010 came in at 29 cents per share. Results were a nickel ahead of the Zacks Consensus Estimate of 24 cents. The company had earned 18 cents...
(HELE) Helen of Troy Ltd. Outdoes Estimates
Helen of Troy Ltd. (HELE), a designer and producer of personal care and household consumer products, reported its fiscal second quarter earnings yesterday. The company reported quarterly earnings of 51 cents per share, above the Zacks Consensus Estimate of...