Office Depot, Inc. (NASDAQ:ODP) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday, July 11th. According to Zacks, “Office Depot has undertaken a strategic review of …
The transaction values Office Depot at $11 per share, which is based on Staples' Monday closing stock price — the last trading day before initial reports of a buyout began to leak. The companies put the deal's equity value at $6.3 billion. …
the day before media speculation broke out and sent Office Depot stock for a nearly 22% surge. All told, the transaction has a value of $6.3 billion. Not only did Starboard get its wish, but the deal is expected to close by the end of this …
Shares of office-supply chain Office Depot Inc. (NASDAQ:ODP) skyrocketed more than 20 percent Tuesday on reports the company and rival Staples Inc. (NASDAQ:SPLS), the largest U.S. office supplies retailer, are in "advanced talks" to …
UPDATE: A deal to merge Office Depot and OfficeMax is now official, OfficeMax said Wednesday in a press release made available on its website: "OfficeMax Incorporated (NYSE:OMX) and Office Depot, Inc. (NYSE:ODP) today …
Many analysts are providing their Estimated Earnings analysis for Office Depot, Inc. and for the current quarter 13 analysts have projected that the stock could give an Average Earnings estimate of $0.08/share. These analysts have …
It is down 8.73% since July 7, 2016 and is uptrending. It has outperformed by 2.05% the S&P500. The stock of Office Depot Inc (NASDAQ:ODP) is a huge mover today! Its up 44.03% from 13.85M shares previously. (NASDAQ:ODP) …
The proposed merger between Staples and Office Depot just hit a major roadblock. The Federal Trade Commission (FTC) wants the deal dead and voted unanimously to pursue an injunction to stop it. A merger between the two office supply …
The firm owned 910,133 shares of the specialty retailer's stock after selling 12,890 shares during the period. Paloma Partners Management Co's holdings in Office Depot were worth $783,000 at the end of the most recent quarter. Other …