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NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. rose 2.6 percent to $15.92 with 71,947,500 shares traded. Citigroup Inc. rose 1.5 percent to $50.56 with 8,811,400 shares traded.
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.
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.
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.
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.
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.
*Office Depot to close 400 U.S. stores; shares up 17 pct. NEW YORK, May 6- U.S. stocks fell on Tuesday as AIG weighed on financial shares after disappointing earnings and a slide in Twitter took down other names in the technology and internet spaces.
Some of Tuesday's midday movers:
May 6- Office Depot Inc said it would close at least 400 stores in the United States over two years as it looks to consolidate operations after acquiring OfficeMax, and the company raised its forecast for full-year adjusted operating income.
Office Depot to close 400 U.S. stores; shares rally. NEW YORK, May 6- Wall Street edged lower on Tuesday, led by losses in financial stocks, while the technology sector was weighed by a selloff in shares of Twitter.
*Apple shares in spotlight after closing above $600. *Shares of Office Depot Inc jumped 10 percent in premarket trading even as it reported a quarterly loss and said it would shut at least 400 stores in the United States, hurt by competition from e-retailers, mass market chains and drugstores.
U.S. stock index futures pointed to a flat open on Tuesday, ahead of several first-quarter earnings and trade data for March.
May 6- Office Depot Inc raised its forecast for full-year adjusted operating income and said it would close at least 400 stores in the United States over two years, sending the office supply retailer's shares up about 10 percent before the bell. Office Depot had 1,900 U.S. stores as of March 29.