International Business News - ODP http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Police on Florida's central Atlantic coast say they rescued three Office Depot workers after two armed robbers jumped them as they opened their store. http://www.ibtimes.com/articles/20080722/fla-police-2-robbers-jump-3-office-depot-workers.htm Tue, 22 Jul 2008 12:26:55 EDT Shares of office supply chains rose Thursday as an analyst reinstated a "Neutral" rating on Staples Inc. saying he expects a recent acquisition to add significantly to earnings. http://www.ibtimes.com/articles/20080717/sector-snap-office-suppliers-climb.htm Thu, 17 Jul 2008 13:21:33 EDT Shares of OfficeMax Inc. rose on Thursday after a Credit Suisse analyst lifted his rating on the office supply retailer, saying its balance sheet is stronger than many on Wall Street give it credit for. http://www.ibtimes.com/articles/20080710/officemax-shares-climb-after-analyst-upgrades.htm Thu, 10 Jul 2008 18:04:37 EDT Credit ratings agency Moody's Investors Service on Thursday put the ratings for office-supply retailer Office Depot Inc. on review for a possible downgrade. http://www.ibtimes.com/articles/20080710/moodys-puts-office-depot-ratings-on-review.htm Thu, 10 Jul 2008 13:36:26 EDT Among the premarket stories for Wednesday, July 9, from AP Financial News: NEW YORK (AP)--An analyst downgraded shares of OfficeMax Inc. Wednesday on concern about the office-supply retail sector after competitor Office Depot Inc. slashed its second-quarter outlook. http://www.ibtimes.com/articles/20080709/premarket-roundup-officemax-arris-group.htm Wed, 09 Jul 2008 08:15:09 EDT An analyst downgraded shares of OfficeMax Inc. Wednesday on concern about the office-supply retail sector after competitor Office Depot Inc. slashed its second-quarter outlook. http://www.ibtimes.com/articles/20080709/ahead-of-the-bell-officemax-downgraded.htm Wed, 09 Jul 2008 07:59:38 EDT The Standard & Poor's 500 Index rose Tuesday, lifted by lower oil prices and a rise in shares of insurer MGIC Investment Corp. The S&P 500 gained 21.39 points to 1,273.70 after Federal Reserve Chairman Ben Bernanke said the central bank might extend its lending efforts to investment banks. http://www.ibtimes.com/articles/20080708/s-p-500-leaders-laggards-mtg-odp-mbi-emc-wm-x.htm Tue, 08 Jul 2008 17:03:16 EDT Shares of specialty retailers mainly rose Tuesday after oil prices also fell to $136.04 a barrel--it's lowest level in nearly two weeks. Investors were also weighing news from OfficeMax Inc. competitor Office Depot Inc. that the weak economy hurt its second-quarter sales. http://www.ibtimes.com/articles/20080708/closing-glance-specialty-retailers-rise.htm Tue, 08 Jul 2008 16:50:55 EDT Shares of Office Depot Inc. shed a third of their value in afternoon trading Tuesday after the office supplies retailer forecast a 10 percent decline in second-quarter same-store sales. http://www.ibtimes.com/articles/20080708/last-call-office-depot-stock-loses-third-of-value.htm Tue, 08 Jul 2008 15:22:54 EDT An index of small-cap stocks crept slightly higher at midday, with shares of newspaper publisher A.H. Belo Corp. advancing the most and OfficeMax Inc. taking the sharpest loss. http://www.ibtimes.com/articles/20080708/s-p-smallcap-600-in-focus-ahc-omx.htm Tue, 08 Jul 2008 13:01:17 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080708/indymac-fannie-mae-merrill-lynch-are-big-movers.htm Tue, 08 Jul 2008 16:52:18 EDT The Standard & Poor's 500 Index drifted slightly lower at midday Tuesday, with shares of Office Depot Inc. taking the biggest hit after the office supplies retailer forecast a 10 percent drop in same-store sales. http://www.ibtimes.com/articles/20080708/midday-leaders-laggards-s-p-500.htm Tue, 08 Jul 2008 12:19:19 EDT Shares of specialty retailers mainly rose in early trading Tuesday after Federal Reserve Chairman Ben Bernanke said the Fed may give Wall Street firms more time to ask for help as the economy continues to struggle. http://www.ibtimes.com/articles/20080708/opening-glance-specialty-retailers-mainly-rise.htm Tue, 08 Jul 2008 10:25:58 EDT Shares of Office Depot Inc. tumbled to an eight-year low at market open Tuesday after the office supplies retailer forecast a 10 percent drop in quarterly same-store sales. http://www.ibtimes.com/articles/20080708/out-of-the-gate-office-depot-shares-plunge.htm Tue, 08 Jul 2008 09:59:13 EDT A disappointing forecast for second-quarter sales sent shares of Office Depot Inc. tumbling in premarket trading Tuesday. The office supply retailer blamed a slowing economy and said it expects the economic environment to be "difficult" in the second half. Shares fell 14.6 percent to $8.89 in action before the bell. http://www.ibtimes.com/articles/20080708/premarket-movers-office-depot-drops-on-outlook.htm Tue, 08 Jul 2008 09:13:13 EDT Wall Street finished sharply higher Tuesday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150 points, and all the major indexes were up more than 1 percent. http://www.ibtimes.com/articles/20080708/stocks-move-toward-lower-open-ahead-of-bernanke-speech.htm Tue, 08 Jul 2008 18:15:27 EDT Office supplies retailer Office Depot Inc. said Tuesday the slowing economy has hurt second-quarter sales, and forecast a nearly 10 percent drop in quarterly sales at North American stores open at least a year. http://www.ibtimes.com/articles/20080708/office-depot-2q-same-store-sales-drop-10-percent.htm Tue, 08 Jul 2008 06:48:55 EDT The CEO of the world's biggest retailer topped the list of the most highly paid chief executives in the Southeastern U.S. Lee Scott of Wal-Mart was No. 1 among companies in the region that includes Alabama, Florida, Georgia, North Carolina and other neighboring states. http://www.ibtimes.com/articles/20080627/the-most-highly-paid-ceos-in-the-southeast.htm Fri, 27 Jun 2008 13:15:22 EDT Moody's Investors Service took a negative outlook on office supply company Office Depot Inc. Wednesday, citing a soft operating performance in early 2008 and a possibly challenging second half of the year. http://www.ibtimes.com/articles/20080625/moodys-gives-office-depot-a-negative-outlook.htm Wed, 25 Jun 2008 17:50:37 EDT Staples Inc.'s four-month campaign to acquire Corporate Express NV finally yielded an agreement Wednesday, a $2.7 billion deal that Staples hopes will put further distance between itself and U.S. rivals Office Depot and OfficeMax. Its two rivals combined would be smaller than Staples once the deal closes. http://www.ibtimes.com/articles/20080612/staples-lands-corporate-express-for-2-7-billion.htm Thu, 12 Jun 2008 03:01:02 EDT