It has been a little difficult of late separating stock-specific weakness among consumer staples from the broader concerns around the impact of rising bond yields on the sector, but as you can see from the chart below their valuation premium …
Staples shares jumped 8% in late trading on Wednesday after The Wall Street Journal and Reuters reported that the company was close to being acquired. Staples' stock closed at $9.93, and the company had a market cap of about $6 …
Amazon was the anti-Apple ... for one day at least. Amazon unveiled a new product on Wednesday that wasn't a surprise to anybody, and the stock went up! But Amazon gave up much of those gains Thursday and it has been a lousy …
Starboard’s most prominent victory came in the Darden fight, even if it was the second activist investor to surface in the restaurant operator’s stock. The firm followed the lead of Barington Capital Management, a smaller hedge fund, in …
That leaves Staples with no clear path forward – and after failing to significantly increase sales since 2008, its stock has fallen more than 60 percent. "Staples is the best-run company in a very challenged industry," says Bradley Thomas, …