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Staples Inc

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  • US STOCKS-Wall St slips from record; focus shifts to Fed Wednesday, 19 Nov 2014 | 1:26 PM ET

    *Lowe's, Target shares rise after results. Helping to limit losses, Target Corp rose 6.8 percent and Lowe's rose 6.3 percent, both after results. "I can understand the market being a bit jittery here after making a new high and pausing ahead of the Fed minutes," said Paul Zemsky, chief investment officer of Multi-Asset Strategies and Solutions at Voya Investment...

  • Nov 19- Staples Inc reported higher-than-expected quarterly sales and profit as business customers in North America bought more furniture, breakroom products such as coffee machines and core office supplies like stationery. Sales in Staples' North America commercial unit, which sells products to businesses through contracts, rose 3.3 percent in the third...

  • BUSINESS-NEWS-SCHEDULE AT 1630 GMT /11:30 AM ET Wednesday, 19 Nov 2014 | 11:40 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. U.S. regulator seeks nationwide recall of Takata air bags. WASHINGTON- The U.S. auto...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT /11:00 AM ET Wednesday, 19 Nov 2014 | 11:07 AM ET

    WASHINGTON- President Barack Obama might be open to using the Keystone pipeline as leverage with Republicans if they cooperate on other aspects of his long-stalled domestic agenda, such as investing in infrastructure, closing tax loopholes or reducing carbon emissions. WASHINGTON- The U.S. auto safety regulator has told Japanese supplier Takata Corp and...

  • *Oplink jumps, to be bought by Koch Industries' subsidiary. *Lowe's, Target shares rise after results. *Cliffs Natural Resources shares slide.

  • European markets strong, retailers mixed Wednesday, 19 Nov 2014 | 10:04 AM ET
    A trader speaks on the phone in front of the index board in Frankfurt, Germany.

    European markets are having a moment, while retailers turned in mixed results on quarterly earnings on Wednesday.

  • Staples beats as demand recovers for paper, ink Wednesday, 19 Nov 2014 | 9:19 AM ET
    A Staples shopping cart inside a store in Mount Prospect, Illinois.

    Staples reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products.

  • US STOCKS-Wall St to dip at open, Fed minutes eyed Wednesday, 19 Nov 2014 | 9:11 AM ET

    *Oplink jumps, to be bought by Koch Industries' subsidiary. *Cliffs Natural Resources shares slide. NEW YORK, Nov 19- U.S. stocks were set to open slightly lower on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of minutes from the most recent Federal Reserve policy meeting.

  • US stock futures mildly lower after housing data Wednesday, 19 Nov 2014 | 8:51 AM ET

    U.S. stock futures turned higher ahead of the open, with traders waiting on minutes from the latest meeting of the Federal Reserve and housing data.

  • Early Movers: LOW, SPLS, PETM, DRI, DG & more Wednesday, 19 Nov 2014 | 8:12 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.

  • Nov 19- Staples Inc reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products after six quarters of decline. Staples also raised its free cash flow forecast for the year to "more than $800 million" from "more than $600 million." Staples, which has been focusing on growing its online...

  • Staples sales fall for seventh straight quarter Wednesday, 19 Nov 2014 | 6:11 AM ET

    Nov 19- Staples Inc's quarterly sales fell for the seventh straight quarter as the company lost customers to online retailers and big-box chains. The largest U.S. office supplies retailer said net income rose to $216.8 million, or 34 cents per share, in the third quarter ended Nov. 1 from $135.2 million or 21 cents per share, a year earlier. Revenue fell 2.5 percent to...

  • Fed minutes back on Wall Street's radar Tuesday, 18 Nov 2014 | 7:02 PM ET
    Trader on the floor of the New York Stock Exchange.

    The last time the Fed released minutes, the market had its biggest rally of the year—but watchers doubt it will be a hawkish tone this time around.

  • Actavis Plc, Gilead Sciences and other biotechs were among the biggest drivers, a day after Allergan agreed to be bought by Actavis. Shares of Actavis were up 8.7 percent at $269.60, helped by bullish analyst notes, while Gilead's stock rose 3.3 percent to $103.71 percent. "A little bit of a risk trade is coming back on, and those are the areas for the M&A," said Uri...

  • US STOCKS-S&P 500 hits record, healthcare leads gains Tuesday, 18 Nov 2014 | 1:45 PM ET

    Actavis Plc, Gilead, Celgene and other biotech names were among the S&P 500' s biggest drivers, a day after Allergan agreed to be bought by Actavis. The S&P health care index was up 1.4 percent, while shares of Actavis were up 7.7 percent, Gilead's rose 2.9 percent and shares of Celgene were up 2.4 percent. Helping Actavis were bullish analyst notes.

  • *Baker Hughes rallies, Halliburton tumbles after deal. Shares of Baker Hughes, up 10.2 percent, and Allergan, up 5.1 percent, led gains on the S&P 500 after Halliburton said it would buy Baker Hughes and Allergan agreed to be bought by Actavis. The largest percentage gainer on the S&P 500 was Baker Hughes, while the largest decliner was Halliburton, down 10.1 percent.

  • Lost seconds cost millions in online shopping Monday, 17 Nov 2014 | 1:35 PM ET

    Because consumers can click to another site or app to make their purchases, the Web buying experience has to be clean, fast and fun.

  • Best Buy to open at 5 pm Thanksgiving Day Tuesday, 11 Nov 2014 | 8:13 AM ET
    A Kohl’s department store in Jersey City, N.J., is shown in this April 2, 2014 photo.

    Toys R Us and J.C. Penney will also open at 5 p.m. on Thanksgiving Day.

  • RadioShack to open at 8 a.m. Thanksgiving Monday, 10 Nov 2014 | 1:06 PM ET

    Struggling electronics chain RadioShack on Monday added its name to the growing list of retailers that will be open on Thanksgiving Day.

  • Nov 4- Office supply retailer Office Depot Inc's quarterly profit and sales beat market estimates, driven by cost cuts and higher-than-expected savings from the acquisition of OfficeMax Inc.. Office Depot also said it now expects the cost benefits of the OfficeMax acquisition to more than offset weak sales trends for the rest of the year and an increase in...