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Office Depot Inc

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  • A list of merchants taking Apple Pay Tuesday, 21 Oct 2014 | 1:00 AM ET

    Apple said it has worked with several retailers to make sure most of their stores, if not all of them, were ready at Monday's launch: Aeropostale, American Eagle Outfitters, Babies R Us, BJ's Wholesale Club, Bloomingdale's, Champs Sports, Chevron and Texaco retail stores including ExtraMile, Disney Store, Duane Reade, Footaction, Foot Locker, House of Hoops by Foot...

  • Office Depot to cut 1,100 jobs in Europe Thursday, 16 Oct 2014 | 9:40 AM ET

    Oct 16- Office Depot Inc said it would eliminate about 1,100 jobs in Europe as part of a restructuring plan in the region. The company had 64,000 employees worldwide as of Jan. 25. The office supply retailer said it expects the restructuring to reduce annual costs by about $90 million by the end of 2016..

  • Oct 14- Darden Restaurants Inc on Tuesday announced new leadership following a board coup by activist investor Starboard Value LP, whose recipe for fixing the company's ailing Olive Garden chain included salting pasta water, doling out fewer free breadsticks and pushing more wine. For now, though, diners should expect business as usual at Darden's...

  • UPDATE 1-Darden Restaurants names Gene Lee interim CEO Tuesday, 14 Oct 2014 | 10:53 AM ET

    Oct 14- Darden Restaurants Inc named Chief Operating Officer Gene Lee as its interim chief executive, barely a week after activist shareholder Starboard Value LP won its standoff with the company and convinced shareholders to replace the entire board of directors. He has previously led a similar search for office products retailer Office Depot Inc, and is...

  • FACTBOX-Darden, Starboard's dueling board nominees Friday, 10 Oct 2014 | 6:00 AM ET

    -Michael Barnes, Darden director since 2012. Chief Executive Officer of Signet Jewelers Ltd.- Christopher Fraleigh, Darden director since 2008. Chairman and CEO of Shearer's Foods Inc.- Michael Rose, Darden director since 1995. Chairman of Midaro Investments Inc.- Maria Sastre, Darden director since 1998. President and chief operating officer of Signature...

  • Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink, toner and paper in North America amid stiff competition from online retailers and big-box chains.

  • Aug 20- Staples Inc reported better-than-expected quarterly profit and sales, driven by strong demand for non-core office supplies, such as furniture and breakroom items, from companies in North America.

  • Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.

  • Aug 5- Office Depot Inc warned of weak sales this year as stiff competition from online and mass retailers erodes sales in its North American retail business. Office Depot and Staples Inc have seen their U.S. sales decline as online retailers such as Amazon.com and mass retailers like Wal-Mart Stores Inc attract shoppers with lower-priced offerings.

  • *China services sector growth at near nine-year low. NEW YORK, Aug 5- U.S. stocks were set to fall at the open Tuesday weighed by earnings such as Target's, and as growth in China's service sector slowed to a nine-year low in July, stoking worries over the health of the world's second-biggest economy.

  • Aug 5- Office supply retailer Office Depot Inc raised its full-year adjusted operating income forecast, saying cost savings from the closure of some U.S. stores were expected to be higher than previously anticipated. Office Depot's sales jumped nearly 59 percent in the second quarter ended June 28, helped by the acquisition of smaller rival OfficeMax.

  • Early movers: COH, CVS, ADM, AIG, TM, SHLD & more Tuesday, 5 Aug 2014 | 7:35 AM ET
    A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Some of the names on the move ahead of the open.

  • Office Depot posts bigger loss as costs soar Tuesday, 5 Aug 2014 | 7:26 AM ET

    Aug 5- Office Depot Inc reported a bigger quarterly loss as costs soared 58 percent and retail same-store sales fell 3 percent in North America, its largest market. Net loss attributable to shareholders widened to $190 million, or 36 cents per share, in the second quarter ended June 28 from $64 million, or 23 cents per share, a year earlier.

  • Midday movers: Apple, McDonald's, NeuStar & More Monday, 9 Jun 2014 | 12:01 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Monday's midday movers:

  • Early movers: HSH, PPC, AAPL, GM & more Tuesday, 27 May 2014 | 7:38 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Staples forecasts fall in sales; shares skid 11% Tuesday, 20 May 2014 | 7:34 AM ET
    A Staples shopping cart inside a store in Mount Prospect, Illinois.

    Staples forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.

  • UPDATE 1-Staples forecasts fall in sales, shares drop Tuesday, 20 May 2014 | 7:14 AM ET

    May 20- Staples Inc forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.

  • Midday movers: Datalink, Herbalife, Merck & More Wednesday, 7 May 2014 | 12:32 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Wednesday's midday movers:

  • Stocks fell Tuesday after American International Group reported a decline in profit.

  • NEW YORK, May 6- U.S. stocks fell broadly on Tuesday, closing at session lows, with AIG pulling financial shares lower after disappointing earnings and as a slide in Twitter took down other names in the technology and internet space.