Staples is aggressively taking costs out of its business, much like Best Buy has been doing, as it deals with lower demand for office supplies. These cost cuts combined with opportunities presented by the merger of Office Max and Office Depot should allow Staples to maintain its profitability.
Staples was a winner within the specialty retail industry, rising $0.27 (1.8%) to $15.67 on average volume
British Prime Minister David Cameron was in...
After the bell on Tuesday, Staples (SPLS) declared its quarterly dividend of 12 cents per share, maintaining the amount paid to shareholders the previous quarter. Based on the current stock price, investors can expect a yield of about 3.1% going forward. In other dividend news, Camden Property Trust (CPT) maintained its
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Dec. 3, 2013-- Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 ...
The newly formed Office Depot, recently appointed Stephen E. Hare as Executive Vice President and Chief Financial Officer (CFO) with immediate effect.
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In November, the financially troubled U.S. Postal Service unveiled a plan to open 84 post offices in Staples stores around the country. The agency says this is part of its “retail expansion.” But it’s really about cutting costs: The Staples’ outlets won’t be staffed by USPS clerks, who are union members. Mark Dimondstein, the recently elected president of the American Postal Workers Union, is pushing back hard. “This is a direct assault on our jobs and on public postal services,” Dimondstein said on Nov. 26.
Shareholders of Staples (NASD: SPLS) looking to boost their income beyond the stock's 3.1% annualized dividend yield can sell the January 2016 covered call at the $20 strike and collect the premium based on the 85 cents bid, which annualizes to an additional 2.6% rate of return against the current
Introduction Staples ( SPLS ) started its 'reinvention' process approximately a year ago, and I'm curious to see how the company's quarterly results were. I'll provide my view on Staples' financial results ...
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BALTIMORE (Stockpickr) --��It's been a rough year to be a short seller. Since January, the S&P 500 has climbed a whopping 26.4% -- and with the new ...