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Office Depot Inc

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  • 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...

  • US STOCKS-Wall St gains on Greek deal hopes, oil climb Tuesday, 3 Feb 2015 | 10:54 AM ET

    *Staples, Office Depot in advanced merger talks- WSJ. *Stratasys drops after cutting outlook. A source told Reuters that Greek Finance Minister Yanis Varoufakis, in London to reassure private investors he was not seeking a showdown with Brussels over a new debt agreement, said the new left-wing government would spare privately held bonds from losses.

  • *Staples, Office Depot in advanced merger talks- WSJ. A source told Reuters that Greek Finance Minister Yanis Varoufakis, in London to reassure private investors he was not seeking a showdown with Brussels over a new debt agreement, said the new left-wing government would spare privately held bonds from losses. Shares of offshore contract driller Transocean...

  • Early movers: UPS, WEN, RSH, AET, SPLS & more Tuesday, 3 Feb 2015 | 8:11 AM ET
    NYSE exchange floor

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

  • US STOCKS-Futures climb on hopes for Greek debt deal Tuesday, 3 Feb 2015 | 7:41 AM ET

    *Staples, Office Depot in advanced merger talks- WSJ. NEW YORK, Feb 3- U.S. stock index futures climbed on Tuesday, with the benchmark S&P 500 index set to continue a rally fueled by hopes of a deal on Greek debt. A source told Reuters that Greek Finance Minister Yanis Varoufakis, in London to reassure private investors he was not seeking a showdown with Brussels over a...

  • Staples, Office Depot deep in merger talks: Report Tuesday, 3 Feb 2015 | 5:35 AM ET
    Staples and Office Depot stores

    Office-supply chains Staples and Office Depot are in advanced talks to merge, the Wall Street Journal reported.

  • Staples, Office Depot in advanced talks to merge - WSJ Tuesday, 3 Feb 2015 | 12:18 AM ET

    Feb 3- Office-supply chains Staples Inc and Office Depot Inc are in advanced talks to merge, the Wall Street Journal reported, citing people familiar with the matter. Staples has a market value of about $11 billion, while Office Depot has a market value of about $4.1 billion. Office Depot and Staples were not immediately available for comment outside regular U.S....

  • Starboard pushes for Staples-Office Depot merger Tuesday, 20 Jan 2015 | 1:33 PM ET

    Activist investor Starboard Value has written a letter to Staples urging it to merge with rival Office Depot.

  • Midday movers: Teva, Outerwall, Tiffany & more Tuesday, 20 Jan 2015 | 1:16 PM ET

    Some of Tuesday's midday movers:

  • Jan 20- Activist investor Starboard Value LP called for office-supply chains Staples Inc and Office Depot Inc to merge, saying a combined company would lead to greater savings. The hedge fund owned a 5.1 percent stake in Staples, as of last month, and it boosted its holdings in Office Depot to nearly 10 percent. A merger will result in synergies of at least $2 billion,...

  • Starboard asks Staples to merge with Office Depot Tuesday, 20 Jan 2015 | 10:09 AM ET

    Jan 20- Activist investor Starboard Value LP called for office-supply chains Staples Inc and Office Depot Inc to merge, saying it would lead to greater savings. A merger will result in synergies of at least $2 billion, which would more than double operating profits, and the two chains will be more efficient at closing stores when combined, Starboard said in a...

  • SAN FRANCISCO, Dec 29- Major U.S. retailers including Target Corp and Toys' R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping. It comes in response to competition from the No. 1 U.S. online retailer, Amazon.com Inc, which has streamlined...

  • *Starboard Value takes stakes in Office Depot, Staples. Retailers were among the day's biggest percentage gainers on the S&P 500, including Urban Outfitters, up 7.6 percent at $32.29. "It suggests overall spending is going to do well," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

  • *Starboard Value takes stakes in Office Depot, Staples. Retailers were among the day's biggest percentage gainers on the S&P 500, including Urban Outfitters, up 7.6 percent at $32.29. "It suggests overall spending is going to do well," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

  • RPT-BUSINESS-NEWS-SCHEDULE AT 1930 GMT /2:30 PM ET Thursday, 11 Dec 2014 | 4:11 PM ET

    Editor: Steve Orlofsky+ 1 646 223 6200. WASHINGTON- U.S. consumer spending advanced at a brisk clip in November as lower gasoline prices gave the holiday shopping season a boost, offering the latest sign of underlying momentum in the economy. WASHINGTON- Jack Reed, a Mississippi clothing retailer, says the economic recovery is taking hold for his family business as...

  • *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks bounced back on Thursday, with the S&P 500 surging more than 1 percent, as data pointed to a strengthening U.S. economy and boosted optimism about holiday spending. "It suggests overall spending is going to do well, and today's rally confirms the resumption of a year-end rally which...

  • Starboard wants Staples, Office Depot merger: Sources Thursday, 11 Dec 2014 | 1:49 PM ET

    Activist investor Starboard Value wants to merge rival office-supply chains Staples and Office Depot, according to people familiar with the matter.

  • *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks bounced back on Thursday, with all three major indexes surging more than 1 percent, as data pointed to a strengthening U.S. economy and boosted optimism about holiday spending. "It suggests overall spending is going to do well, and today's rally confirms the resumption of a year-end...

  • Dec 11- Activist investor Starboard Value wants to merge office-supply chains Staples Inc and Office Depot Inc, CNBC reported, citing people familiar with the matter. Starboard, known for its aggressive shareholder activism, disclosed a 5.1 percent stake in Staples and boosted its holdings in Office Depot to nearly 10 percent, regulatory filings showed on...