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Staples (SPLS) moves up 0.5% in premarket trading after peer Office Depot (ODP) lands an...

Staples (SPLS) moves up 0.5% in premarket trading after peer Office Depot (ODP) lands an activist investor following last week's strong move on chatter that P-E firms were sniffing around. Despite all the bravado on low valuations for the office supply sector, Douglas McIntyre stays skeptical with the double-whammy of large store expansion and Amazon still looming as formidable challenges to overcome.
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  • Transcripts&10-K's
    , contributor
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    Not a single mention of the delivery business, the potential to downsize/close stores, or the fact that WMT/AMZN/TGT aren't 100% focused on delivering office products to customers (simply the assumption that no specialized retail of any kind is viable despite operating results that show otherwise); McIntyre's commentary is a joke...
    17 Sep 2012, 09:11 AM Reply Like
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