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Brown Shoe (NYSE:BWS) Announces Quarter Profit Plunges 28% – BWS, SPLS, ODP, SBH, PETM

Brown Shoe Company, Inc. (NYSE:BWS) announced on Tuesday that its fiscal Q3 earnings plunged 28 percent from a year-earlier quarter that included asset-sale increases, though the footwear retailer benefited from better revenue and stronger margins. Shares were increased 7.7 percent at $16.95 in current trading as earnings beat anticipations and Brown Shoe increased its guidance […]

Brown Shoe (NYSE:BWS) Announces Quarter Profit Plunges 28% – SPLS, ODP, OMX, SBH, BWS

Brown Shoe Company, Inc. (NYSE:BWS) announced on Tuesday that its fiscal Q3 earnings plunged 28 percent from a year-earlier quarter that included asset-sale increases, though the footwear retailer benefited from better revenue and stronger margins. Shares were increased 7.7 percent at $16.95 in current trading as earnings beat anticipations and Brown Shoe increased its guidance […]

TNT Express decides to Sell Airline to Secure UPS (NYSE:UPS) Deal – UPS, SPLS, DRYS, LVS, EBAY

On Fir dad, TNT Express NV (TNTE) deiced to sell its airline operations to ASL Aviation Group Ltd. in an effort to safeguard a contract to combine with United Parcel Service, Inc. (NYSE:UPS). The transaction is provisional on the completion of UPS’s planned 5.16 billion-euro ($6.58 billion) buy of TNT, the Hoofddorp, Netherlands-based the package-delivery […]

Staples Swings to Q3 Loss on Restructuring Charges (SPLS)

Before the market opened yesterday, office supplies chain Staples (NASDAQ: SPLS) reported a net loss for the fiscal 2012 third quarter compared to a net profit in the comparable period of 2011. However, the reported earnings beat analysts’ estimates. The company also issued optimistic fiscal 2012 full-year revenue and earnings guidance. The Massachusetts-based Staples offers computers […]

Staples (NASDAQ:SPLS)’s Cost Cuts Boosts Profit Estimates – SPLS, ODP, SBH, OMX, PETM

Staples, Inc. (NASDAQ:SPLS)’s announced on Wednesday that its quarterly profit surpassed against its Wall Street’s estimations as the biggest U.S. office supply chain reduced costs and sales in North America caught up, while weakness in Europe and Australia hit largely revenue. The company’s share, which also reiterated its full-year profit and sales estimates, surged 4.5% […]

Will a New Window Help Investors See More Clearly? (SPLS)

On October 26, Microsoft (NASDAQ: MSFT) will unveil Windows 8. In an effort to capture some early market share, Staples (NASDAQ: SPLS) announced a campaign where customers can pre-order the latest computers and tablets optimized for Microsoft Windows 8. The world’s largest office products company will also offer customers free personalized training, free support and free […]