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Office Depot Inc. is buying smaller rival OfficeMax Inc. in what it’s calling a “merger of equals,” creating a heftier office-supply company to challenge industry leader Staples. In the $1.2-billion all-stock deal, OfficeMax...
The stock prices of Office Depot Inc. and OfficeMax Inc. surged Tuesday on word that the companies are contemplating a merger to better compete against Staples Inc. The two office-supply chains are reportedly in talks that could result in a deal this...
Tags: Media Industry, Office Depot Inc.
A report that several private equity firms -- including original investor Bain Capital -- are considering buying Staples Inc. pushed the office supply chain’s stock up as much as 6.2% on Friday. Acquisition talks are still preliminary and any offer...
Money & CompanyIt seems tech titan Google wants to tango with rival Amazon.com by venturing into the world of online shopping. According to the Wall Street Journal, which cites two people familiar with the matter, Google is interested in creating a cheap,......
Money & Company-- Starting Sunday, Toys R Us will begin to sell Amazon's Kindle e-readers and accessories. To celebrate the launch of the product, customers purchasing any Kindle will receive a free $10 Toys R Us gift card from July 31 through......
L.A. Times Tech BlogHewlett-Packard's tablet, the HP TouchPad, is hitting stores on July 1. The new tablet will run HP's WebOS operating system -- which was developed by Palm before that company was taken over by HP -- and will feature an iPad-matching 9.7-inch touchscreen....
Consumers' open wallets keep Wall Street bulls hoping for more; Disney shares reach highest since 2000Money & CompanyBetting against the American consumer is one of the biggest mistakes Wall Street bears have made this year. Despite the miserable employment picture, consumers -- or at least those who still have jobs -- picked up their spending pace in......
When the Kentucky-based Yum Corp. was looking for a city in Mexico in which to open a Taco Bell, it must have figured it couldn't go wrong with this ultramodern, hyper-Americanized metropolis 125 miles from the Texas border in the northern Mexican state...
The Providence JournalThe demolition of the old Borders store at the Garden City Center in Cranston says as much about changing consumer trends as it does about commerce in the Internet age. The store closed in September, 2011 after the bookstore chain filed for bankruptcy...
OfficeMax Inc. reported Tuesday that first-quarter sales declined more than 5 percent and earnings fell short of analyst expectations, sending shares down nearly 2 percent. The Naperville-based office supply retailer's shares closed down 22 cents, at...
Tribune staff reporterShares of OfficeMax Inc. are down more than 2.5 percent on Monday after the company reported first-quarter sales declined 5 percent and earnings fell short of analyst expectations. The Naperville-based office supply retailer said net income rose to $56.3...
Reports: Consumer credit for March, 2 p.m. Local earnings: Akorn Inc., Calamos Asset Management Inc., Great Lakes Dredge & Dock Corp., Fuel Tech Inc., John Bean Technologies Corp., KapStone Paper and Packaging Corp., Mondelez International Inc.,...
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Feb 11, 2008 |Column| Los Angeles Times
May 8, 2013 |Story| McClatchy-Tribune
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