US stocks head for higher after employment reading Jul 30, 2008
Office Depot Inc. said it lost $2 million in the second quarter, citing weak demand in North America. The office-supply retailer's results excluding items topped analysts' forecast. (Yahoo News -- Top Stories)
Stocks rise on employment data, Fed borrowing plan Jul 30, 2008
Office Depot Inc. rose 20 cents, or 2. 9 percent, to $7. (Florida Times-Union)
Statscan releases May GDP figures, Thursday Jul 26, 2008
Office Depot Inc. reports. Second-quarter profit of 4 cents (U.S.) per share is expected, down from 43 cents. (Globe and Mail -- Business)
OfficeMax downgraded on industry concerns Jul 13, 2008
(AP) An analyst downgraded shares of Wednesday on concern about the office-supply retail sector after competitor Office Depot Inc. slashed its second-quarter outlook. Piper Jaffray analyst Mitchell A. Kaiser cut his rating to "Neutral" from "Buy" and his price target to $11 from $22. (Crain's Chicago Business)
US stock futures head lower after Bernanke says Fed is considering extending lending efforts Jul 8, 2008
The anemic economy also led Office Depot Inc. to forecast a nearly 10 percent drop in quarterly sales at the office supplies retailer's North American stores that have been open at least a year. . (International Herald Tribune -- Sports)
Office Depot 2nd-quarter sales decline Jul 8, 2008
July 8, 2008 at 9:34 AM EDT. NEW YORK Office supplies retailer Office Depot Inc said Tuesday that its North American same-store sales fell nearly 10 per cent in the second quarter and warned its operating margin would decline more than expected, hit by a weakening U.S. economy. (Globe and Mail -- Business)
Office Depot Sales Take Late Turn for Worse Jul 8, 2008
" The office-supply retailer also anticipates total sales for the quarter to be down slightly. The mean estimate of analysts, according to Thomson Reuters, was for $3.64 billion in sales, flat with a year earlier. Office Depot also said margins will be lower than expected "as sales trends worsened late in the quarter (SmartMoney)
Amazon.com opens office supply division Jun 25, 2008
and Office Depot Inc. (NYSE: ODP) of Delray Beach, Fla. Reader Comments. (Nashville Business Journal, TN)
State probes Office Depot pricing Jun 7, 2008
DELRAY BEACH Florida's attorney general is investigating Office Depot Inc. for alleged "bait-and-switch" tactics in its office supplies contract with state and local agencies ... Five states have put their office supplies contracts with Office Depot Inc. under the microscope. (The Palm Beach Post)
Staples Profit Higher; Keeps Outlook May 21, 2008
May 20, 2008 FONT SIZE. NEW YORK (Reuters) - Staples Inc , the No. 1 U.S. office supplies retailer, reported a higher quarterly profit on Tuesday that matched Wall Street's expectations, and stood by its outlook for the full year. (ABC News -- Wire)
International sales lift Staples bottom line May 20, 2008
Like smaller rivals Office Depot Inc.. and OfficeMax Inc., Staples' sales have weakened in recent quarters as slowing job growth, the U.S. housing downturn and the credit crunch have forced small businesses to cut spending. (Globe and Mail -- Business)
Staples Launches Hostile Bid for Corporate Express May 20, 2008
May 19, 2008 FONT SIZE. AMSTERDAM (Reuters) - U.S. office supplies retailer Staples Inc launched a hostile 1. (ABC News -- Wire)
Staples Sees Flat Earnings Amid U.S. Downturn May 20, 2008
In late April, Office Depot Inc. (ODP) reported a 55% drop in first-quarter net income as weakness in Florida and California dug into sales, while competitors continued to encroach on the retailer's territory and new stores cannibalized existing ones. And though OfficeMax Inc. (OMX) last month reported an 8. (SmartMoney)
Corporate Express willing to talk with Staples May 13, 2008
6 for U.S. rival Office Depot Inc.. Staples said it has made significant progress in preparing for the offer it has obtained U.S. antitrust clearance, met with Dutch trade unions and submitted a request for approval with the Dutch market regulator AFM.. (Globe and Mail -- Business)
UPS, AMR Corp., Boeing among big movers on the stock market Wednesday Apr 10, 2008
Office Depot Inc., down 48 cents at $11. 30. (San Diego Union-Tribune -- Business)
Read more... Mar 21, 2008
Companies That Care Honor Roll Recipients Announced :: PNNOnline. Companies That Care Honor Roll Recipients Announced Posted by: philcrosby on Thursday, March 20, 2008. (PNN Online)
Office Depot - Official Site Mar 19, 2008
Carl Edwards, Office Depot NASCAR Racing. Next Appearance: April 2, 2008 Watauga, TX 76148. (Yahoo News -- Auto Racing)
Auto Racing at Office Depot Mar 15, 2008
Carl Edwards, Office Depot NASCAR Racing. Next Appearance: Coming in April More Info to Come. (Yahoo News -- Auto Racing)
Office Depot CEO earns $17.8 million during difficult 2007 Mar 15, 2008
Office Depot Inc. Chairman and Chief Executive Steve Odland earned $1 million in base salary and $518,309 in other compensation, which includes $311,344 in personal aircraft usage, according to the company's proxy statement filed Thursday with the U.S. Securities and Exchange Commission. But most of Odland's compensation came from restricted stock shares and options granted at a per-share price of $33. (San Diego Union-Tribune -- Business)
Staples Can't Find "Easy" Button for "08 Mar 5, 2008
While Staples Inc. is weathering the economic downturn better than rival Office Depot Inc., the world's largest office products supplier sees no quick turnaround from sagging U.S. customer demand. Top Money stories. (ABC News -- Wire)
Staples says fourth-quarter profit dipped Mar 5, 2008
Staples earnings report comes a week after its chief rival, Office Depot Inc., reported its fourth-quarter profit slid 85 percent due to slumping sales in places like Florida and California. advertisement. (MSNBC -- Business)
Staples profit dips 1 per cent Mar 4, 2008
Staples' earnings report comes a week after its chief rival, Office Depot Inc., reported its fourth-quarter profit slid 85 per cent due to slumping sales in places like Florida and California. Staples Inc.. (Globe and Mail -- Business)
Staples Cuts Guidance Amid Slowdown Mar 4, 2008
The company was thwarted by the Federal Trade Commission when it tried to acquire Office Depot Inc. (ODP) in 1997, and the bid for Corporate Express implies Staples doesn't think regulators will let it buy another big retail chain. Staples' shares closed Monday at $22. (SmartMoney)
Office Depot profit falls sharply Feb 26, 2008
NEW YORK Office Depot Inc., the second-largest U.S. office supplies retailer, posted a sharply lower quarterly profit Tuesday, hurt by higher expenses and lower sales in North America. Fourth-quarter profit fell to $18. (Globe and Mail -- Business)
Office Depot profits drop 85 percent Feb 26, 2008
Office Depot Inc. (NYSE: ODP) says adjusted earnings were 10 cents per share compared with 51 cents per share. Analysts polled by Thomson Financial expected earnings of 17 cents per share. (The Palm Beach Post)
Staples' offer of $3.7B for Corporate Express rejected as too low Feb 20, 2008
-based Office Depot Inc. But that talk has died down as the U.S. office supplies retail market has slowed along with the broader economy. Staples' bid for Corporate Express rather than Office Depot or OfficeMax makes sense because with Corporate Express, they'd just be acquiring corporate accounts, Chukumba said. (San Diego Union-Tribune -- Business)
OfficeMax net income rises in 4th quarter as cost cutting offsets decline in revenue Feb 20, 2008
The results from the third-largest office supply retailer behind Office Depot Inc. and Staples Inc. far exceeded Wall Street's expectations and OfficeMax shares jumped as much as 12 percent in morning trading. Net income rose to $71. (San Diego Union-Tribune -- Business)
Retail slides on economic outlook, profit warnings Jan 6, 2008
and Office Depot Inc. (:ODP, , , Last. Delayed quote data. (MarketWatch)
Recession fears, weak holiday hurt U.S. retail stocks Jan 3, 2008
By Justin Grant Jan 2, 2008 Font Size. New York (Reuters) - Retail stocks fell on Wednesday as a lackluster holiday shopping season and shrinking U.S. factory production stoked fears of a recession, analysts said. (ABC News -- Wire)
Asian PC makers turn to U.S. consumers for growth Jan 3, 2008
Got any superstitions regarding the Chargers (as they approach the playoffs Sunday). Describe yours in an e-mail to us at and include your name and phone number. (San Diego Union-Tribune -- Business)
'Green' gifts Dec 20, 2007
Suddenly, founder Charles Norcross was fielding calls from the corporate offices of retail giants Office Depot Inc. (NYSE: ODP, $13. 71) of Delray Beach, Target Corp. (NYSE: TGT, $51. (The Palm Beach Post)
U.S. Stocks Decline as Federal Reserve Fails to Assuage Recession Concern Dec 16, 2007
Office Depot Inc. fell 17 percent to $14. 44. (Bloomberg -- US)
Office Depot sees further erosion of sales, profit Dec 13, 2007
5 million analyst research reports. Broker Center sponsored links. (Reuters)
Office Depot shares tumble on dour outlook Dec 13, 2007
Both states have been hit particularly hard by the slumping housing market, creating pressure on sales and profit margins at Office Depot Inc.. California and Florida accounted for 28 per cent of North American sales in the third quarter, when profits fell nine per cent. Unlike the third quarter, however, Office Depot will not record a tax benefit or the reversal of a bonus accrual, which added 17 cents per share, the company said. (Globe and Mail -- Business)
Office Depot shares tumble on dour outlook for fourth quarter with sales hurt by housing slump Dec 13, 2007
Both states have been hit particularly hard by the slumping housing market, creating pressure on sales and profit margins at Office Depot Inc.. California and Florida accounted for 28 percent of North American sales in the third quarter, when profits fell 9 percent. (San Diego Union-Tribune -- Business)
Staples Results Highlight Growth Overseas Nov 28, 2007
Office Depot Inc. (ODP) said Monday sales for the fourth quarter are softer than a year earlier and it sees sales for the first quarter to "remain challenged.". "While the near term should stay challenging, Staples is benefiting from the weak dollar, strength in Canada and market share gains both domestically and overseas," Credit Suisse analyst Gary Balter said in a note published after the earnings. (SmartMoney)
Staples 3Q profit dips as same-store sales decline, but earnings ex-items beat expectations Nov 28, 2007
Staples' chief rival, Office Depot Inc., last week reported a slightly steeper 5 percent third-quarter decline in same-store North American sales. Framingham, Mass. (San Diego Union-Tribune -- Business)
Office supply woes deepen as Newell warns on fourth quarter Nov 27, 2007
By Karen Jacobs Nov 26, 2007 Font Size. ATLANTA (Reuters) - The office retailing sector received another blow on Monday when supplier Newell Rubbermaid Inc warned that the remainder of this year would be weaker than expected, sending its stocks lower. (ABC News -- Wire)
Closure may put 180 out of work Nov 27, 2007
This year Office Depot Inc. said it will open a distribution center at the park, bringing about 60 full-time jobs. Lyle Machinery last year started work on a $6 million development where it has purchased 26 acres to move its Komatsu dealership from Richland. (The Clarion-Ledger)
On the way up Nov 27, 2007
Office Depot Inc. (ODP) was: Raised to ''neutral'' from ''underperform'' by analyst Gary Balter at Credit Suisse. It closed Friday at $17. (Chicago Sun-Times, United States)
Profit rises 59% for Eaton Vance Nov 21, 2007
Office Depot Inc., the world's second-largest office supplies retailer, said third-quarter earnings fell 9 percent as sales and profit declined at its North American stores. The company also said it hired Peter J. Solomon Co. to review its capital structure. (Boston Globe)
Office Depot 3Q profit falls 9% on lower consumer spending, weak housing market Nov 21, 2007
Office Depot Inc., the nation's second biggest office-supply store chain, said Tuesday its third-quarter profit fell 9 percent, hurt by lower consumer spending, a weak housing market and a British economic slowdown. Its shares fell more than 6 percent. (San Diego Union-Tribune -- Business)
Office Depot posts lower third quarter income Nov 21, 2007
Your browser does not support script. Wednesday November 21, 2007. (The Star Online, Malaysia -- Business)
The Brualdi Law Firm P.C. Announces Class Action Lawsuit Against Office Depot Nov 17, 2007
You no longer need to remember symbols. Simply type in a company name or stock symbol for instant results. (Primezone Releases)
Office Depot to Restate Earnings Nov 9, 2007
Office Depot Inc. says it will revise some past financial statements after it completed an independent review of vendor-program accounting. The review revealed that during the period beginning in the third quarter of 2006 through the second quarter of 2007, funds due or received from vendors were recognized in the current quarter but should have been deferred into later periods. (ABC News -- Wire)
Accounting errors to reduce earnings, Office Depot says Nov 9, 2007
Nov 8, 2007 Font Size. NEW YORK (Reuters) - Office Depot Inc said on Thursday it will reduce earnings for some prior periods following an independent review of its accounting for certain vendor program funds. (ABC News -- Wire)
Stocks Appear Headed to Higher Open Nov 6, 2007
With no major economic news due Tuesday, investors will be focused on the corporate profit results due from names such as Office Depot Inc. and Molson Coors Brewing Co.. In addition, Fed Chairman Ben Bernanke is scheduled to speak later in the day. (Waterloo Courier, IO)
OfficeMax posts 3rd-quarter profit increase, matches Wall Street's consensus Nov 2, 2007
The results from the third-largest office supply retailer behind Office Depot Inc. and Staples Inc. also benefited from a comparison to a year-ago period that was hurt by hefty operating expenses. Deutsche Bank analyst Mike Baker praised the company's expense management but called the quarterly results mixed because of sales concerns. (San Diego Union-Tribune -- Business)
Patrick seeks legislators' patience on auto insurance Oct 30, 2007
delays report on third-quarter results Office Depot Inc. delayed its third-quarter earnings report due to its audit committee's independent review of vendor program funds, a development that one analyst said raised questions about the nation's second-largest office supplies retailer's financial statements. Its shares fell $2. (Boston Globe)
Stocks lift as Wall Street awaits Fed meeting Oct 30, 2007
Worries about Office Depot Inc. s results, however, caused the retailer s shares to drop 2. 86, or 14. (Somerset Daily American, PA)
Daily Briefing Oct 30, 2007
Office Depot Inc. on Monday delayed its third-quarter earnings report due to its audit committee's independent review of vendor program funds. The review primarily relates to the timing of the recognition of certain funds, the Delray Beach, Fla. (Atlanta Journal-Constitution -- Business)
OFFICE DEPOT SHARES FALL AFTER EARNINGS DELAY Oct 30, 2007
October 30, 2007 -- Office Depot Inc., the world's second-largest office supplies chain, fell the most in more than seven years in trading because it may have provided misleading information about its income. The retailer's audit committee is investigating whether discounts from suppliers were booked at the right time. (New York Post -- Business)
R.J. Gators sale to partners OK'd Sep 17, 2007
Office Depot Inc. (NYSE: ODP, $18. 91) continues to hover near its bottom-of-the barrel $17. (The Palm Beach Post)
DAILY DIGEST Sep 12, 2007
Office Depot Inc. has agreed to pay $2. 3 million in civil penalties to settle a lawsuit claiming that customers statewide were overcharged because of faulty readings on scanners at the checkout line, the Santa Clara County district attorney's office said Tuesday. (San Francisco Chronicle -- Business)
Office Depot settles lawsuit claiming it overcharged in Calif. Sep 12, 2007
Office Depot Inc. has agreed to pay $2. 3 million to settle a lawsuit claiming that California customers were overcharged by faulty scanners at the checkout line, prosecutors said Tuesday. (Fresno Bee -- Business)
MISSOURI VALLEY COMMUNITY SCHOOL DISTRICT BOARD BILLS - AUGUST, 2007 Aug 31, 2007
Friday 31 August, 2007. OPERATING FUND A.A.A. Pickup Service, trash hauling $746. (Missouri Valley Times News, IA)
Office Depot says it cut carbon dioxide emissions by 10.1 percent Aug 29, 2007
Office Depot Inc., the nation's second-largest office products retailer, said Tuesday it had reduced carbon dioxide emissions at its North American sites by 10. 1 percent. (San Diego Union-Tribune -- Business)
Subprime Housing Defaults Blamed for Corporate America's Earnings Setbacks Aug 2, 2007
Office Depot Inc., the Delray Beach, Florida-based office-supplies company, said last week that its second-quarter profit fell 7. 8 percent. (Bloomberg)
Local stocks get hammered as market tumbles Jul 27, 2007
65, after rival Office Depot Inc. reported declining quarterly profits. Investors are thinking, Office Depot had a terrible quarter. (Crain's Chicago Business)
Office Depot Earnings Fall on Weak Sales Jul 26, 2007
Office products retailer Office Depot Inc. said Thursday its profits dipped 8 percent in the second quarter as weak sales in North America offset double-digit growth in international sales. Net income fell to $109. (Atlanta Journal-Constitution -- Business)
Local Stocks Jul 5, 2007
com: Latest news from Wall Street. AMERICAN CAPITAL STRAT. (The Palm Beach Post)
Offices get feminine update Jun 10, 2007
Delray Beach-based Office Depot Inc., the nation's second-largest office supplies retailer, is considered the pioneer in staking out the women entrepreneur market. It teamed in 2003 with decorating guru Christopher Lowell to create items such as whitewash executive desks evoking beach house decor and hutches with antique finishes. (Sun-Sentinel.com)
3rd UPDATE: FTC To Challenge Whole Foods-Wild Oats Merger Jun 6, 2007
Staples Inc. (SPLS) and Office Depot Inc. (ODP) dropped merger plans because of the opposition. In the case of Whole Foods and Wild Oats, the government "may have a plausible argument," Carstensen said, "and I would assume they have the data to make that credible. Whether it convinces a court or not, that's a tough one.". (CNNMoney.com)
Whole Foods facing merger fight Jun 6, 2007
In 1997, the FTC blocked Staples Inc.'s attempt to buy competitor Office Depot Inc. for $4 billion, saying it would harm competition in the growing market for office supplies. Whole Foods and Wild Oats originally expected the purchase would be completed in April. (Chicago Tribune)
Staples, Office Depot bidding for OfficeMax May 10, 2007
OfficeMax Inc., the third-biggest U.S. office-supplies retailer, may be a buyout target for rivals Staples Inc. or Office Depot Inc. in an industry "that only needs two large players," a Credit Suisse analyst said. The office-supply sector may follow supermarkets and department stores in consolidating as revenue growth slows, Gary Balter, a Credit Suisse analyst, said today in a research note. (AZCentral -- Business)
