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Office Depot Inc

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  • Yellen held onto shares of ConocoPhillips and Phillips 66 last year despite steep slides in the companies' stock prices triggered by the oil price slump, according to her 2014 financial disclosure statement. In 2014, Yellen's ConocoPhillips shares were valued at $50,000 to $100,000 and her Phillips 66 shares at $15,000 to $50,000. ConocoPhillips' stock...

  • Waiting for Yellen Q&A, but QE helping elsewhere Tuesday, 24 Feb 2015 | 10:21 AM ET
    The Federal Reserve building in Washington.

    As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.

  • Feb 24- Office Depot Inc said it expected sales to fall this year, mainly due to weak demand for office supplies and a stronger dollar. Office Depot's North America retail sales fell 7 percent in the fourth quarter, including the acquisition of OfficeMax. Staples said earlier this month that it would acquire Office Depot to better compete with online retailers.

  • Early movers: HD, CMCSA, TOL, ODP, JPM & more Tuesday, 24 Feb 2015 | 8:15 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • Feb 24- Office supply retailer Office Depot Inc said it expected sales to fall this year due to challenging market conditions and a stronger dollar. Office Depot's North America retail sales fell 7 percent in the fourth quarter, including the acquisition of OfficeMax. This price gap is expected to hurt North America retail same-store sales at both Staples and...

  • Office Depot's quarterly sales rise 10 pct Tuesday, 24 Feb 2015 | 7:02 AM ET

    Feb 24- Office supply retailer Office Depot Inc's quarterly sales rose nearly 10 percent, helped by the acquisition of OfficeMax. The net loss attributable to Office Depot's shareholders narrowed to $84 million, or 15 cents per share, in the fourth quarter ended Dec. 27 from $144 million, or 34 cents per share, a year earlier. Office Depot and Staples Inc said earlier...

  • Forget Buffett. Follow these top investors Wednesday, 18 Feb 2015 | 12:46 PM ET
    Jeffrey Smith, Starboard Value

    CNBC.com found the best performing investors you probably have never heard of, but are beating the market these days. Here are their top picks.

  • President Barack Obama singled out office supply giant Staples Inc as undercutting his healthcare reform law and said large corporations should not use the health insurance issue as an excuse for cutting wages, the news website BuzzFeed reported. Staples CEO Ronald Sargent brought home $10.8 million in total compensation in 2013. The company reported net...

  • President Barack Obama singled out office supply giant Staples Inc as undercutting his healthcare reform law and said large corporations should not use the health insurance issue as an excuse for cutting wages, the news website BuzzFeed reported. Staples CEO Ronald Sargent brought home $10.8 million in total compensation in 2013. The company reported net...

  • Feb 4- Staples Inc and Office Depot should find the second time is a charm as the top two U.S. office supply chains once again test the views of antitrust regulators in the rapidly changing retail landscape, experts said on Wednesday. Staples, the No. 1 U.S. office supplies retailer, and No. 2 Office Depot Inc announced on Wednesday a $6.3 billion plan to join forces to...

  • *Staples' shares fall over 10 pct, Office Depot's rise 1.5 pct. Feb 4- Staples Inc, the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such as Amazon.com Inc.. "The same factors that the FTC cited in the Office Depot/ OfficeMax deal are present here,"...

  • Signs of bottoms, but watch earnings revisions Wednesday, 4 Feb 2015 | 10:18 AM ET
    Trader on the floor of the New York Stock Exchange.

    Commodity prices and bond yields might be finding a floor, but falling earnings estimates create concerns for Q1.

  • Staples co-founder expects nasty legal skirmish   Wednesday, 4 Feb 2015 | 10:13 AM ET
    Staples co-founder expects nasty legal skirmish

    Staples is agreeing to acquire Office Depot for $6.3 billion in a cash and stock deal. Staples co-founder and former Chairman and CEO Tom Stemberg, discusses the likelihood of antitrust scrutiny for the deal.

  • Staples to buy rival to create office-supply giant Wednesday, 4 Feb 2015 | 9:22 AM ET
    Staples and Office Depot stores

    Staples to buy competitor Office Depot in deal that would create an office-supply giant, Reuters reports.

  • Feb 4- Staples Inc, the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such as Amazon.com Inc.. The deal, which will likely come under close scrutiny from antitrust regulators, values Office Depot at $11.00 per share, based on Staples' closing...

  • Early movers: ODP, SPLS, GM, MRK, ADP & more Wednesday, 4 Feb 2015 | 8:06 AM ET
    A trader works on the floor of the New York Stock Exchange, Oct. 31, 2014.

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

  • US STOCKS-Futures dip after 2-day run; ADP data on tap Wednesday, 4 Feb 2015 | 7:43 AM ET

    NEW YORK, Feb 4- U.S. stock index futures dipped on Wednesday, after a two-day rally for the S&P 500 ahead of data on the labor market and the services sector. *Investors will eye the January private-sector employment report from payrolls processor ADP at 8:15 a.m. for signs of continuing improvement in the labor market. *Later in the session at 9:45 a.m., financial...

  • Feb 4- Staples Inc, the No. 1 U.S. office supplier, agreed to buy nearest rival Office Depot Inc in a $6.3 billion cash-and-stock deal to better compete against online and big-box retailers. Staples said it would pay $7.25 per share in cash and 0.2188 of its shares for each Office Depot share. The offer, which is likely to face close antitrust scrutiny, values Office...

  • Staples to buy Office Depot for $6.3 bln Wednesday, 4 Feb 2015 | 7:08 AM ET

    Feb 4- Staples Inc, the No. 1 U.S. office supplier, said it would buy its nearest rival Office Depot Inc in a $6.3 billion cash-and-stock deal.

  • *Staples, Office Depot in advanced merger talks- WSJ. NEW YORK, Feb 3- U.S. stocks jumped more than 1 percent on Tuesday, led by energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance. Merger activity also helped, with shares of Office Depot jumping 21.6 percent to $9.28 after the Wall Street...