International Business News - Staples 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 Staples Inc., the world's largest office supplier, said Tuesday that its third-quarter profit sank 43 percent because of hefty charges from restructuring and the acquisition of European rival Corporate Express. http://www.ibtimes.com/articles/20081202/staples-3q-profit-drops-43-percent-on-charges.htm Tue, 02 Dec 2008 16:25:36 EST Staples Inc. reports results for the third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081128/earnings-preview-staples-inc.htm Fri, 28 Nov 2008 14:00:58 EST Falling prices for oil and other raw materials that are used to make some consumer products may boost profitability at Clorox Co. and Kimberly Clark Corp., an analyst said Friday. http://www.ibtimes.com/articles/20081114/ahead-of-the-bell-consumer-products-makers.htm Fri, 14 Nov 2008 09:19:04 EST Dell Inc. and office-supply vendor Staples Inc. are working together to offer free recycling for Dell computers, printers and other products. Under the partnership announced Wednesday, people can drop off any amount of Dell-branded PCs, monitors, keyboards, printers, mice and other accessories at any of Staples' 1,500 U.S. stores for recycling, without having to make a purchase. http://www.ibtimes.com/articles/20081112/staples-offers-free-dell-pc-recycling.htm Wed, 12 Nov 2008 09:57:59 EST Jefferies & Co. cut its price target and earnings per share estimates for Staples Inc. on Monday, saying the office supply chain's integration with Corporate Express is going well, but the company still faces challenges in a tougher sales environment. http://www.ibtimes.com/articles/20081103/analyst-cuts-staples-price-target-estimates.htm Mon, 03 Nov 2008 14:14:25 EST Shares of Staples Inc. continued to climb Friday, a day after the world's largest office supply chain laid out its business strategy to investors at a day-long meeting. http://www.ibtimes.com/articles/20081031/staples-continues-to-climb-after-presentation.htm Fri, 31 Oct 2008 12:16:45 EDT Among the stock activity stories for Thursday, Oct. 30, from AP Financial News: CHICAGO (AP)--Shares of the world's largest office supply chain, Staples Inc., rallied Thursday amid an analyst upgrade and a daylong meeting with investors in which the retailer laid out its business strategy. http://www.ibtimes.com/articles/20081030/movers-roundup-staples-hartford-financial.htm Thu, 30 Oct 2008 19:36:53 EDT Shares of the world's largest office supply chain rallied Thursday amid an analyst upgrade and a daylong meeting with investors in which the retailer laid out its business strategy. http://www.ibtimes.com/articles/20081030/staples-shares-climb-during-analyst-day-event.htm Thu, 30 Oct 2008 20:32:41 EDT Investors will be looking for details about how Staples Inc. plans to weather a possibly prolonged economic downturn and how it's integrating its former Dutch rival into its business model during a daylong meeting Thursday. http://www.ibtimes.com/articles/20081030/ahead-of-the-bell-staples-analyst-day.htm Thu, 30 Oct 2008 06:14:45 EDT Among the earnings projection stories for Wednesday, Oct. 29, from AP Financial News: CHICAGO (AP)--Staples Inc. on Wednesday forecast third-quarter adjusted profit in line with Wall Street expectations, and said it will open fewer stores next year and scale back the size of its new locations amid the economic downturn. http://www.ibtimes.com/articles/20081029/outlook-roundup-staples-realnetworks.htm Wed, 29 Oct 2008 18:29:37 EDT Staples Inc. on Wednesday forecast third-quarter adjusted profit in line with Wall Street expectations, and said it will open fewer stores next year and scale back the size of its new locations amid the economic downturn. http://www.ibtimes.com/articles/20081029/staples-plans-to-scale-back-store-size-openings.htm Wed, 29 Oct 2008 17:39:47 EDT An analyst cut his price target for Staples Inc. on Wednesday, saying the shares of the office supply retailer have been outperforming the S&P 500 and likely have more room to fall before the company's investor meeting at the end of the month. http://www.ibtimes.com/articles/20081001/analyst-cuts-staples-target-predicts-stock-slump.htm Wed, 01 Oct 2008 11:31:57 EDT Among the earnings stories for Wednesday, Sept. 3, from AP Financial News: CHICAGO (AP)--Slowing sales, falling foot traffic in North American stores and penny-pinching customers combined to drag down Staples Inc.'s second-quarter profit by 16 percent, but a massive acquisition helped the office-supply chain top revenue expectations. http://www.ibtimes.com/articles/20080903/earnings-roundup-staples-isle-of-capri-casinos.htm Wed, 03 Sep 2008 14:29:35 EDT A Goldman Sachs analyst cut her profit estimates for consumer staples companies on Wednesday due to the strengthening of the dollar. Analyst Judy Hong said in a note to investors that the dollar has climbed 8 percent against the Euro and 11 percent against the Yen since July 15 when the dollar hit a low. http://www.ibtimes.com/articles/20080903/ahead-of-the-bell-consumer-staples.htm Wed, 03 Sep 2008 07:39:39 EDT Slowing sales, falling foot traffic in North American stores and penny-pinching customers combined to drag down Staples Inc.'s second-quarter profit by 16 percent, but a massive acquisition helped the office-supply chain top revenue expectations. http://www.ibtimes.com/articles/20080903/staples-2q-profit-drops-16-percent.htm Wed, 03 Sep 2008 16:30:27 EDT Shares of office supplier Staples Inc. climbed Tuesday ahead of the company's second-quarter earnings report Wednesday, and as shares of fellow retailers gained on sharp decline in oil prices. http://www.ibtimes.com/articles/20080902/staples-climbs-ahead-of-earnings-report.htm Tue, 02 Sep 2008 17:36:22 EDT Staples Inc. reports earnings for the second quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080902/earnings-preview-staples-inc.htm Tue, 02 Sep 2008 12:37:14 EDT Shares of Staples Inc. fell Tuesday after the office supply chain said its second-quarter results would be worse than expected. Shares lost $1.03, or 4.2 percent, to end at $23.55, after dipping as low as $22.05 earlier in the session. http://www.ibtimes.com/articles/20080819/staples-falls-after-2q-earnings-forecast.htm Tue, 19 Aug 2008 19:37:07 EDT Staples Inc. warned Tuesday that its second-quarter results, excluding its acquisition of Corporate Express, would be weaker than anticipated as American consumers pulled back on spending. http://www.ibtimes.com/articles/20080819/staples-warns-on-2q-earnings.htm Tue, 19 Aug 2008 08:42:44 EDT Staples Inc. said Tuesday its integration of Dutch office supply company Corporate Express is well under way, and its three-year plan includes cost savings of $200 million to $300 million. http://www.ibtimes.com/articles/20080819/staples-offers-details-on-corporate-express-tie-up.htm Tue, 19 Aug 2008 07:37:20 EDT