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Headline News

What Stores Do With $90 Billion in Merchandise Returns - WSJ

2018-02-16 wsj
Retailers still celebrating their strongest holiday sales in years now face the less-pleasant task of disposing of billions of dollars in returned merchandise. (35-0)

Overworked Americans are stuck in a financial groundhog day - MarketWatch

2018-02-03 marketwatch
The U.S. had the fastest wage growth since 2009 in January. But in many other ways, American workers feel like they are working harder to achieve the same result. (3-0)

Staples names Coca-Cola veteran Douglas as new CEO

2018-01-26 reuters
(Reuters) - U.S. office supplies chain Staples Inc, which was taken private by Sycamore Partners last year, named Coca-Cola Co (KO.N) veteran J. Alexander Douglas as its chief executive on Friday. (2-0)

Staples CEO Shira Goodman to Depart - WSJ

2018-01-26 wsj
Staples Inc. Chief Executive Shira Goodman is leaving the company, according to people familiar with the matter, less than a year after the office supplier was taken private in a leveraged buyout. (2-0)

Office Depot: New Opportunities Due To Changes In Business Concept

2017-12-26 seekingalpha
Investment thesis: The shares of Office Depot (NYSE:ODP) in October fell sharply in price due to the takeover of IT company CompuCom. In my opinion, the purchase of this company along with a business model to be rebuilt should help Office Depot to return to positive growth rates of revenue and increase operating margin. Also, based on the already completed deal with Staples and in comparison with competitors, the company has a significant undervaluation by the market. (7-0)

U.S. syndicated lending topples records in 2017

2017-12-19 reuters
NEW YORK, Dec 19 (Reuters) - A late-year burst of mergers and an unrelenting push by companies to cut borrowing costs propelled US syndicated loan issuance to a record high this year, with pending corporate tax rate cuts seen motivating fast-paced lending at least into early 2018. (96-1)

LPC: US private equity lending hits record levels

2017-12-01 reuters
NEW YORK, Dec 1 (Reuters) - Lending to US private equity-owned companies hit a record high of US$588bn at the end of November, despite regulators’ attempts to cool the market and a lack of jumbo deals, and is expected to climb further before the end of the year. (2-0)

SendGrid shares surge above elevated pricing on first day of trading - MarketWatch

2017-11-15 marketwatch
SendGrid Inc. shares rallied on their first day of trading Wednesday as the cloud-based marketing email delivery company priced its initial public offering above its range and added shares to the offering. (7-0)

The Case For A Holiday Retail Rally Gets Stronger

2017-11-15 seekingalpha
One of our main catalysts was a tailwind from better than expected earnings that were reported last week. (44-0)

Junk-Bond Rally Unravels, One Bad Earnings Report at a Time - Bloomberg

2017-11-09 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (40-0)

America’s ‘Retail Apocalypse’ Is Really Just Beginning

2017-11-08 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (43-0)

Office Depot Creates New Venture BizBox to Sell Services - Bloomberg

2017-11-07 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (7-0)

Staples Moves Closer to Exiting China; Seeks Bids for Its 13-Year-Old Business - WSJ

2017-10-30 wsj
Staples Inc. is moving forward with plans to sell its operations in China, as it looks to focus on its business closer to home, according to people familiar with the matter. (2-0)

Amazon Launches ‘Business Prime’ to Bring Quick Delivery to Work - Bloomberg

2017-10-24 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (8-0)

Sears Canada’s demise shows why size matters: Olive

2017-10-13 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (31-0)


CUSIP: 855030102