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OMX

OfficeMax Incorporated

6/19/2013, 11:35 PM ET

Quote & Headlines Market Currents StockTalk

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| Dividends
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Tuesday, June 11, 8:23 AM OfficeMax (OMX) and Office Depot (ODP) say they hired Korn/Ferry International to help find a new CEO for the combined company. Both current CEOs as well as external candidates will be considered. Comment! [Consumer]
Tuesday, June 11, 8:19 AM More on ICSC Chain Store Sales: A broad drop in retail demand was attributed in part to torrential rain on the East Coast. The biggest week-over-week declines were in the categories of drug stores (RAD, CVS, WAG) and office supply stores (SPLS, OMX, ODP). Compared to last year, chain store sales were 2.2% higher. Comment! [U.S. Economy]
Monday, June 10, 12:45 PM Midday top 10 gainers: SGOC +25%. ACAD +17%. STEL +17%. MPAA +14%. TRMD +9%. OVAS +13%. CLIR +13%. TPLM +12%. RVLT +13%. KNDI +12%.
Midday top 10 Losers: DVAX -35%. OSH -18%. ECTE -16%. AFFY -14%. AEPI -14%. OMX -12%. SHI -12%. PLM -11%. GNRC -11%. CBAK -11%. 1 Comment [On the Move]
Monday, June 10, 8:23 AM Office Depot (ODP) sets July 10 as its date for a special shareholder meeting to vote on the proposed merger with OfficeMax (OMX). Comment! [Consumer]
Wednesday, June 5, 2:05 PM Retail Geeks thinks it's a worthwhile venture to track which brands are attracting the most new Facebook fans, more as a backdrop to help provide context and comparative peer data than to assume a linear relationship to sales trends. In the hunt for Facebook relevance - Amazon (AMZN), Nautica (VFC), and Fanta (KO) are three hot brands - while OfficeMax (OMX), Hanes (HBI), and Krispy Kreme Doughnuts (KKD) are barely moving the Facebook meter. 1 Comment [Consumer]
Monday, May 20, 3:11 PM The Russell 2000 (IWM) cracked 1,000 for the first time this morning, but the small cap sector is far from over-loved by the fund managers who invest in it, according to Credit Suisse's Lori Calvasina - they ended Q1 with cash holdings at a near 10-year high. Indexing (IJR, IWO, IWN XSLV are some others) beats most active management, but Calvasina screened for stocks owned by fewer than 50 small-cap funds with $500M-$1.5B market cap, and with favorable investment ratings. No surprise the answer is heavy on mREITs - MTGE, AMTG, PMT. Also coming up: OMX and WFR. Comment!
Tuesday, May 7, 9:07 AM OfficeMax (OMX) declares special dividend of $1.50/share. For shareholders of record June 12. Payable July 02. Ex-div date June 10. (PR) Comment! [Dividends]
Tuesday, May 7, 8:00 AM More on OfficeMax's (OMX) Q1: The retailer again cites declines in technology sales as revenue tailed off. Same-store sale fell 5.4% during the period. Cost reductions helped the company improve gross profit margin moderately, up 20 bps to 26.0%. After sizing up April trends, OfficeMax projects Q2 sales will be lower than last year. OMX +1.5% premarket. (PR) 1 Comment [Consumer, Earnings, On the Move]
Tuesday, May 7, 7:52 AM More on OfficeMax's (OMX) Q1: Adjusted Q1 sales fall 4.3% Y/Y reflecting "weak macroeconomic conditions and continued industry declines in technology sales," CEO Ravi Saligram says. Results should improve in H2 thanks to cost-cutting. Same-store sales in the retail segment fell 5.4% Y/Y. OMX sees Y/Y sales declines in Q2 and for FY13. However, the company says sales should not continue to decline at the same rate going forward and notes operating margins for the full year should be higher than they were for Q1. Shares +1.8% premarket. (PR) Comment! [Consumer, Earnings, On the Move]
Tuesday, May 7, 7:39 AM OfficeMax (OMX): Q1 EPS of $0.11 misses by $0.12. Revenue of $1.76B misses by $0.08B. (PR) Comment! [Earnings, Breaking News]
Tuesday, May 7, 12:05 AM Notable earnings before Tuesday’s open: ACM, AFAM, AKRX, ALLT, ARCC, ARIA, BCRX, CHTR, CMLP, CNK, CQB, CRZO, CVLT, DFT, DISCA, DTV, DWRE, EMR, ENDP, FE, FOSL, HCN, HFC, HPT, HSIC, KWK, LPX, NRG, NRGY, NVAX, OAK, OMX, PQ, PRGO, RIGL, SHOO, TA, TAP, TDG, TGH, TICC, TRGT, TW, WRES, XEC 2 Comments [Earnings]
Monday, May 6, 5:30 PM Notable earnings before Tuesday's open: ACM, AFAM, AKRX, ALLT, ARCC, ARIA, BCRX, CHTR, CMLP, CNK, CQB, CRZO, CVLT, DFT, DISCA, DTV, DWRE, EMR, ENDP, FE, FOSL, HCN, HFC, HPT, HSIC, KWK, LPX, NRG, NRGY, NVAX, OAK, OMX, PQ, PRGO, RIGL, SHOO, TA, TAP, TDG, TGH, TICC, TRGT, TW, WRES, XEC Comment! [Earnings]
Wednesday, May 1, 5:56 AM OfficeMax (OMX) declares $0.02/share quarterly dividend, in line with previous. Forward yield 0.70%. For shareholders of record May 15. Payable May 31. Ex-div date May 13. (PR) Comment! [Dividends]
Tuesday, April 9, 8:45 AM Who will be the CEO of the combined Office Depot (ODP) and OfficeMax (OMX)? That's the question a new committee appointed by the companies will work on as it considers both current CEOs as well as external candidates. (S-4) Comment! [Consumer]
Tuesday, April 9, 7:45 AM Office Depot (ODP) and OfficeMax (OMX) confirm that each company received a request for additional information from the FTC in relation to the proposed merger between the two companies. The action could push out the final closing date of the transaction, but isn't expected to pose a serious threat to the deal culminating. (S-4) Comment! [Consumer]
Monday, April 1, 1:38 PM OfficeMax (OMX -0.4%) says it will try a new format which will target small businesses with additional services. A pilot store in Milwaukee will be low in square footage but high in data and website services. Comment! [Consumer]