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Staples, Inc. (SPLS)

  • Jul. 9, 2012, 10:32 AM
    Staples (SPLS -1.1%) announces that it will take pre-sale orders for Nexus 7 from Google both online and in stores beginning today. The timing of the sale coincides with the official first day of the back-to-school shopping season tomorrow.
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  • Jun. 29, 2012, 9:36 AM
    Staples (SPLS +2.1%) will buy out its partner in a joint venture in India for ~$35M, according to a report. An official announcement is expected in mid-July.
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  • May. 31, 2012, 5:05 PM
    Dividend yields look increasingly attractive vs. record low Treasury yields, and Morgan Stanley argues the payout ratio of dividend stocks is near an all-time low and could increase substantially. The firm adds T to its dividend portfolio while removing XOM and UNP; "fundamentally and quantitatively attractive" are CVX, MET, FCX, BEN, CAH, FITB, STJ, SPLS.
  • May. 18, 2012, 12:32 PM
    OfficeMax (OMX +1.9%) and Office Depot (ODP +1.4%) trade higher as Staples (SPLS -1.1%) slumps again. While all three office supply sellers race to downsize and increase e-commerce sales, it's a weak Europe and the threat of Amazon's new B2B site that weighs on SPLS a bit more heavy than on its peers.
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  • May. 16, 2012, 6:43 AM
    More on Staples' (SPLS) Q1: North American Retail revenue flat Y/Y, while International Operations slipped 8%. Outlook for 2012 assumes low growth in the U.S. and a soft demand in Europe. Expects full year sales to grow in low single-digits. Shares -2.6% premarket. (PR)
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  • May. 16, 2012, 6:18 AM
    Staples (SPLS): Q1 EPS of $0.30 in-line. Revenue of $6.1B (-1.1% Y/Y) in-line. Shares -2.6% premarket. (PR)
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  • May. 16, 2012, 12:05 AM
    Notable earnings before Wednesday’s open: ANF, CHS, DE, SPLS, TGT
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  • May. 15, 2012, 5:30 PM
    Notable earnings before Wednesday’s open: ANF, CHS, DE, SPLS, TGT
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  • Apr. 30, 2012, 9:52 AM
    Office supply stocks show weakness in early trading, possibly as a result of a channel check conducted by Cleveland Research that showed soft sales at Staples - widely-considered the best bet to survive of the three big names. OMX -3.4%, ODP -3.1%, SPLS -1.5%.
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  • Apr. 23, 2012, 8:33 AM
    Shares of Staples (SPLS) look undervalued to analysts with investors selling off the perceived brick-and-mortar operation in favor of e-commerce names - despite the firm's impressive $11B in Internet sales that reps over 40% of its revenue. SPLS is down 38% over the last 5 years compared to Amazon's +200% run.
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  • Mar. 14, 2012, 7:34 AM
    Staples (SPLS) receives a warning letter from the FDA admonishing the company for the unsanitary conditions of one its facilities where food products were stored.
  • Mar. 7, 2012, 1:36 PM
    Staples (SPLS +0.1%) files a registration statement with the SEC to sell a mix of debt securities. Shares of SPLS still haven't recovered the ground lost after the firm reported Q4 earnings a week ago.
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  • Mar. 6, 2012, 6:31 PM
    Staples (SPLS) announces a 10% increase in its quarterly dividend to $0.11 per share. The dividend is payable on April 12, 2012 to shareholders of record on March 23, 2012. Shares -0.3% AH.
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  • Mar. 1, 2012, 10:16 AM
    Though it's OfficeMax (OMX +4.3%) and Office Depot (ODP +5.5%) showing off the strong gains for the day, SA author Saj Karsan is locked in on Staples (SPLS +1.1%) as a great buy after it fell off 10% yesterday post-earnings report. "Staples has a moat in North America, which could protect its profits for years to come."
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  • Feb. 29, 2012, 6:50 AM
    More on Staples' (SPLS) Q4: North American Delivery segment revenue increased 1.53% Y/Y to $2.53B. Says full year sales will increase in 2012 in the low single-digits, helping EPS grow in high single-digits for the year. Expects to generate more than $1B of free cash flow. Shares +1.9% premarket. (PR)
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  • Feb. 29, 2012, 6:12 AM
    Staples (SPLS): Q4 EPS of $0.41 in-line. Revenue of $6.45B (+0.7% Y/Y) in-line. Shares +1.9% premarket. (PR)
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Company Description
Staples, Inc operates as an office products company that sells and delivers office products and services. The Company provides products, services and expertise in the categories of office supplies, technology, furniture, Copy & Print & among ohers.