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Staples Inc

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  • Staples confirms hack; up to 1.2M cards affected Friday, 19 Dec 2014 | 4:13 PM ET

    Staples confirmed on Friday a data breach that may have affected up to 1.2 million cards.

  • Apple just got reinforcements in mobile pay battle Tuesday, 16 Dec 2014 | 11:16 AM ET
    A worker demonstrates Apple Pay inside a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system on October 20, 2014 in San Francisco City.

    Dozens more companies—including big banks, retailers and start-ups—have begun to adopt Apple's mobile payments platform, The New York Times reports.

  • *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...

  • Traders got in on Office Depot early Thursday, 11 Dec 2014 | 12:23 PM ET

    Shares of Office Depot surged on Thursday, after Starboard Value took a stake in the company. But options traders knew something good was coming.

  • The price is (no longer) right: Retail's big game Thursday, 11 Dec 2014 | 11:33 AM ET
    The Disney "Frozen" Snow Glow Elsa Doll

    Retailers are no longer just competing with each other for the lowest price; often times, they're also competing with themselves.

  • US STOCKS-Wall St rallies on data after three-day slump Thursday, 11 Dec 2014 | 11:15 AM ET

    *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks rose on Thursday, bouncing sharply from a three-day drop, as data pointed to a strengthening economy that could weather the impact of a steep drop in oil prices. said Sean McCarthy, regional CIO for Wells Fargo Private Bank in Scottsdale, Arizona.

  • US STOCKS-Wall St bounces on retail sales boost Thursday, 11 Dec 2014 | 9:56 AM ET

    *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks rose on Thursday, bouncing sharply from a three-day drop as data pointed to a strengthening economy that appeared likely to weather the impact of a steep drop in oil prices. said Sean McCarthy, regional CIO for Wells Fargo Private Bank in Scottsdale, Arziona.

  • US STOCKS-Wall St to open higher on retail sales lift Thursday, 11 Dec 2014 | 9:11 AM ET

    *Starboard Value takes stakes in Office Depot, Staples. NEW YORK, Dec 11- U.S. stocks were poised for a higher open on Thursday after a three-day drop for the S&P 500 as data pointed to a strengthening economy that appeared likely to overcome the impact of a steep drop in oil prices. said Sean McCarthy, regional CIO for Wells Fargo Private Bank in Scottsdale, Arziona.

  • *Brent crude inches above $65 a barrel. *Starboard Value takes stakes in Office Depot, Staples. *Brent crude managed to climb back above the $65 mark but remained near five-year lows while U.S. crude rose 1.1 percent to $61.60.

  • Early Movers: LULU, RSH, SPLS, WAG, LC & more Thursday, 11 Dec 2014 | 7:59 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.

  • US STOCKS-Futures up as oil bounces; ream of data due Thursday, 11 Dec 2014 | 7:38 AM ET

    *Brent crude inches above $65 a barrel. *Starboard Value takes stakes in Office Depot, Staples. *Brent crude managed to climb back above the $65 mark but remained near five-year lows while U.S. crude rose 1.1 percent to $61.60.

  • 12 'financial potholes' to avoid now Wednesday, 10 Dec 2014 | 11:14 AM ET

    Investors should keep their eyes out for pothole stocks that could rattle them if the markets' weakness continues, USA Today reports.

  • Fingers crossed: Retailers allow late online orders Wednesday, 10 Dec 2014 | 11:05 AM ET
    A UPS truck is loaded with packages from the UPS Worldport.

    Many retailers are holding firm on their late-in-the-season deadlines—in some cases getting more aggressive than last year.

  • Data breaches now industrywide problem: Target CEO Friday, 28 Nov 2014 | 11:08 AM ET
    Target CEO Brian Cornell appears on CNBC after ringing the opening bell at the New York Stock Exchange on the morning of November 28, 2014 in New York City.

    One year after Target's massive data breach and following more cyberattacks, shoppers realize hacking is an industrywide issue, said Brian Cornell.