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Quick reaction to a plan by Staples (SPLS) to reduce its retail footprint tips to the positive...

Quick reaction to a plan by Staples (SPLS) to reduce its retail footprint tips to the positive side with analyst Howard Penney noting that it's one of the biggest restructurings in recent memory from a company not teetering on bankruptcy. The plan could also make Staples more attractive to p-e firms as it includes repurchasing more stock and paying off senior notes. SPLS +0.1% premarket.
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