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More on Staples (SPLS) Q3: swings to net loss of $569M from a profit of $324M a year earlier,...
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Wednesday, November 14, 2012, 8:21 AM ETMore on Staples (SPLS) Q3: swings to net loss of $569M from a profit of $324M a year earlier, due to impairment of goodwill and other assets, and charges related to restructuring, accelerated amortization and taxes. Non-GAAP net profit $310M. Anticipates over $1B of free cash flow for 2012 and intends to continue making buybacks, which are expected to total about $450M this year. Shares +4.8%. (PR)
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