Office Depot Inc (NYSE:ODP) On The Move

Boston, MA 09/18/2014 (wallstreetpr) – Office Depot Inc (NYSE:ODP) announced plans to shift its stock listing base to NASDAQ Select Market Composite from the New York Stock Exchange (NYSE). The move is expected to happen later this month. The company expects to reap some gains from shifting its common stock listing base. NASDAQ may also […]

Office Depot Inc. (NYSE:ODP) Reiterates Full Year Guidance Amidst increased Headwinds

Boston, MA 09/05/2014 (wallstreetpr) – Office Depot Inc. (NYSE:ODP) has moved to calm its shareholders amidst increased concerns on the amount of headwinds that it is currently facing. Increased competition, as well as reduced demand for the company’s office products continues to be some of the main challenges that the company is grappling with according […]

Staples, Inc. (NASDAQ:SPLS) Shares Accelerating As Credit Suisse Analyst Suggests Takeover Deal With Office Depot Inc (NYSE:ODP)

Boston, MA 09/03/2014 (wallstreetpr) – Staples, Inc. (NASDAQ:SPLS) is feeling all good these days as Credit Suisse analyst’s suggestion to it for buying Office Depot Inc (NYSE:ODP) in order to keep online retailers at bay, is showing positive results. This is seen as the maximum increase in the time duration of past six years; especially […]

Office Depot Inc (NYSE:ODP) Store Cards Charges 27.99% Interest Rate

Boston, MA 08/13/2014 (wallstreetpr) – With income level going higher day by day, banks have become slightly more active than old days. Interest rates of credit cards are close to 15% (on average); therefore, people don’t want to leave huge cash in their account. The other object that is available in the market similar to […]

Mobile Site of Office Depot Inc. (NYSE:ODP) Gets Higher Marks in Speed Than Availability

Boston, MA 06/20/2014 (wallstreetpr) – These days most of the retailers don’t find it easy to come up with a site that is good in imagery as well as in speed. Most of them use ‘image sprites’ feature to improve their efficiency. According to mobile performance specialist at Keynote, Matthew Agnoli,” Image spirits feature helps companies […]

Office Depot Inc (NYSE:ODP), David Sherwin’s Estate And California Go For Voluntary Mediation In The Lawsuit

Boston, MA 06/10/2014 (wallstreetpr) – Office Depot Inc (NYSE:ODP) decided to include a mediator in its 5-year-old lawsuit which was filed by a former employee. David Sherwin, a former business account manager, alleged the company of overcharging the government agencies. He died at the age of 59 years on March 16, 2014, but other two […]

Xerox Corp (NYSE:XRX) Yet To See Impact From Closing Of Stores By Staples (NASDAQ:SPLS), Office Depot (NYSE:ODP)

Boston, MA 06/03/2014 (wallstreetpr) – The document printing solutions provider Xerox Corp (NYSE:XRX) distributes its printing products through office supply retails such as Staples, Inc. (NASDAQ:SPLS) and Office Depot Inc (NYSE:ODP) among its other distribution partners. As consumer shopping habits change, the office supplies retailers have been adjusting their systems to comply with the market […]

Merger Is Yet To Achieve Growth Momentum For Office Depot Inc (NYSE:ODP)

Boston, MA 05/28/2014 (wallstreetpr) – Office Depot Inc (NYSE:ODP) witnesses challenge in delivering growth and closing most of their stores despite leading position worldwide in office products. The Company believes that the closer plan will be accretive to its earnings by 2015. The inclusion of OfficeMax is yet to reflect on the Company’s operating metrics. Recently, Office […]

Office Depot Inc (NYSE:ODP) Highlights the Year Round Tireless Efforts of Teachers

Boston, MA 04/23/2014 (wallstreetpr) – Office Depot Inc (NYSE:ODP) the provider of world-class office products and services celebrates education by launching a revolutionizing education support campaign. The campaign, “Teachers Change Lives. So Can You” aims at raising the awareness for the requirement of adequate funds to teachers. The campaign’s motivating factor It is reported that annually […]

Office Depot Inc. (NYSE:ODP) Slips by 9% Due to a Disappointing Outlook

Boston, MA 02/26/2014 (wallstreetpr) – Office Depot Inc. (NYSE:ODP) shares slumped on Tuesday trading session by 9% after the company provided a disappointing outlook at the back of below-par fourth quarter and full year results. The company is currently facing increased headwinds in the industry that are expected to substantially affect its performance in the coming […]

Market Recap: Staples, Inc. (NASDAQ:SPLS), Alcoa Inc (NYSE:AA), Intel Corporation (NASDAQ:INTC)

Boston, MA 02/26/2014 (wallstreetpr) – Staples, Inc. (NASDAQ:SPLS) suffered for a loss that it never reported. The company is considered the market leader in office supply. So then, when rival Office Depot Inc. (NYSE:ODP) announced surprise quarterly loss, SPLS took a beating in the market as well. The shares of the stock bled value to […]

Enticed By Opportunity, Office Depot Inc (NYSE:ODP) Expands Presence in Fitness Devices

Boston, MA 01/17/2013 (wallstreetpr) – Office Depot Inc (NYSE:ODP) could be a major office supplies company, but that has not stopped the company from expanding its products line-up outside the usual office items. The company has just introduced three new devices to expand its health and fitness products targeted at office workers. The new products […]

Office Depot, Inc. (NYSE:ODP) names Roland Smith as its new CEO

Boston, MA, 11/15/2013 – The second largest retailer of office supplies in the U.S Office Depot, Inc. (NYSE:ODP) has named Roland Smith as its new chief on Tuesday. Smith is widely known for his expertise in turning around companies was earlier heading Delhaize Group. At his earlier job he had led the integration process of […]

Office Depot Inc (NYSE:ODP) to buy OfficeMax Inc

Boston, MA 11/11/2013 (wallstreetpr) – Office Depot Inc (NYSE:ODP) has announced on Tuesday that it has completed the agreement to buy out its smaller competitor OfficeMax Inc.  In their financial results for the third quarter both the companies have missed the profit targets set by Wall Street.  The two companies have named their present CEO’s […]

Merger of Office Depot Inc (NYSE:ODP) and Office Max leads to heavy lifting

Boston, MA 11/04/2013 (wallstreetpr) – The merging proposal between Office Depot Inc (NYSE:ODP) and Office Max received the blessings from the United States of America Federal Trade Commission. Now the hard work and the heavy lifting have begun in order to reach the combined sales targets. Office Depot Inc is considered to be the number […]