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Office supply chains Staples (SPLS +3.5%), Office Depot (ODP +3.8%), and Office Max (OMX +5.2%)...

Office supply chains Staples (SPLS +3.5%), Office Depot (ODP +3.8%), and Office Max (OMX +5.2%) post strong gains following late news yesterday that Staples is drawing interest from P-E firms. While still far from being back in favor, sentiment on the sector has picked up a bit with costs getting trimmed and back-to-school sales reported to be brisk.
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  • Intangible Valuation
    , contributor
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    I don't believe OMX and ODP "ought" to be climbing on this news. The P-E story appears to focus primarially on Staples (according to Dow Jones news)...however, I'm glad P-E firms are seeing what I am seeing, here are my articles on the matter:

     

    52-Week Low: An Opportunity In Staples Shares: http://bit.ly/SKVm8f
    Staples: King of Office Supplies: http://bit.ly/PpMQ7V
    Staples Dominates the Office Supply Store Spare: http://bit.ly/SKVm8g
    14 Sep 2012, 09:58 AM Reply Like
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