SPLS

Retail Keeps Rally Going — Wednesday’s IP Market Recap

The markets rallied broadly but minimally as the Commerce Department reported a better-than-hoped 1.1% gain in retail sales last month.

Tuesday Apple Rumors: iMac Supply Constraints Easing

Mac sales are rising as Apple produces more iMacs; Apple accessories hit Staples online store; and Apple settles class action suit over kids' in-game purchases.

Everybody Out of the Pool! — Wednesday’s IP Market Recap

An unexpectedly large decline in housing starts and bond-buying worries on the Fed front spooked investors Wednesday to send the broader indices reeling.

OfficeMax, Office Depot Unite? Not Impressed

The two have agreed to merge and both stocks are soaring on the news. In the end, though, it won't be enough to offset falling sales.

Wall Street Wants Office Supplies — Tuesday’s IP Market Recap

OfficeMax, Office Depot soared on a potential merger Tuesday, and Staples came along for the ride to help lead a strong day for the broader markets.

Friday Apple Rumors: Updated iPads to Debut by April’s End

Redesigned iPads will debut before the end of April; Greenlight Capital boost its Apple holding's last quarter; and Staples will sell Apple products.

8 Specialty Retail Stocks to Sell Now

The ratings of eight Specialty Retail stocks are down this week, according to the Portfolio Grader database. Each of these rates a "D" ("sell") or "F" overall ("strong sell").

Another Day, Another Cliff — Wednesday’s IP Market Recap

Abercrombie & Fitch and Cisco surged Wednesday, but the broader markets shrugged and headed lower once more.

Office Depot, OfficeMax: It’s Too Late to Play This Trade

They're soaring on investor activism -- not improving fundamentals. If you need proof, look at Staples, which is in the same shape but whose stock is wilting.

Don’t Fall for SuperValu’s Sudden Surge

Forget the rumors that Cerebus Capital is looking to finance an LBO. Just look at SVU's sorry business and money-losing results.

20 Stocks That Could Be Vulnerable to Year-End Selling

Underperforming stocks tend to lag even more in October thanks to tax-loss selling by mutual funds. Does this signal opportunity in November, or is it a trap?

Larry Ellison May Get a Piece of the Lakers

Oracle CEO Larry Ellison may buy a stake in the LA Lakers -- but it could cost $10 billion in a bidding war with private equity firms.

3 Specialty Retail Stocks to Sell Now

 

Office Depot Pressured by Activist Hedge Fund, Shares Rise

Shares of Office Depot rose on word that Starboard Value, a hedge fund, had acquired a stake in the company and was pressuring its management to make changes.

ODP Rally Is Just Plain Dumb — Sell Now!

Office Depot shares surged Monday after Starboard Value announced a huge stake in ODP. But investors shouldn't buy the head fake; the stock is doomed.

Whoa, Office Depot! Hold Up!

News of recent activist and PE interest in office-supply stocks ODP and SPLS is only useful to traders. For long-term value investors, nothing has changed.

Staples Might Not Actually ‘Have That’

The office supplier is rumored to be in play for a private equity takeover. While it might make sense in concept, what about the price of such a deal?

Staples May Be Heading Back to Bain

Office supply retailer Staples is being discussed as a possible private buyout candidate and one of the names mentioned is Bain, an original investor

‘Zuck’ Outpaces the iPhone — Wednesday’s IP Market Recap

Facebook CEO Mark Zuckerberg's upbeat interview upstaged the iPhone 5 release -- at least on Wall Street, where FB shares soared while AAPL made modest gains.