|Bid||3.18 x 100|
|Ask||3.82 x 5000|
|Day's Range||3.67 - 3.79|
|52 Week Range||3.01 - 6.26|
|PE Ratio (TTM)||4.90|
|Earnings Date||Nov 1, 2017 - Nov 7, 2017|
|Forward Dividend & Yield||0.10 (2.72%)|
|1y Target Est||4.53|
Oct.04 -- Office Depot Inc. is betting that a technology makeover can help the chain rebound from a punishing retail slump. Bloomberg's Julie Hyman has more on "Bloomberg Markets."
Office Depot Inc.'s Chief Administrative Officer Michael Allison resigned from the company late last week and will be taking home a severance package totaling about $2.5 million. The Boca Raton-based office supply company (ODP) announced the departure of Allison in a filing with the Securities and Exchange Commission on Tuesday, but did not mention the reason he is stepping down. An spokeswoman for Office Depot declined comment.
In a move many see as mirroring Amazon's business model, Office Depot agreed this month to acquire CompuCom Systems for $1 billion, thereby preparing to incorporate a sizable tech-assistance platform into its traditional office products retail operation.
Office Depot, Inc. , a leading provider of office supplies, business products and services delivered through an omnichannel platform, today announced that it is recognizing forward-thinking companies from across the country for their leadership in greener purchasing.
NEW YORK, NY / ACCESSWIRE / October 5, 2017 / Shares of e-commerce site Shopify sank on Wednesday after short-seller Citron Research released a video note calling the company a "get-rich-quick" ...
Office Depot said it was buying an information-technology services company, in a bid to move beyond solely selling items such as staplers and printers to customers.
Stocks that moved substantially or traded heavily Wednesday: PepsiCo, up 21 cents to $109.34 A shift from sodas to more healthy and low-calorie drinks crimped quarterly sales but strong snack sales pushed ...
Office Depot’s $1 billion purchase of CompuCon Systems plunges it into new territory, an effort to reposition itself as a tech-support provider that isn’t as dependent on selling printer paper, toner and ...
Office Depot Inc. is tapping into a $25 billion market with its $1 billion buyout of CompuCom. The Boca Raton-based company (ODP) entered into an agreement to buy the Plano, Texas-based IT services provider from Thomas H. Lee Partners. Office Depot is financing the deal with $750 million in new debt and 45 million shares of its common stock.
Office Depot will pay $1 billion for the private equity-backed IT services provider about 1-1/2 years after its $6.3 billion sale to rival Staples was blocked on antitrust grounds.
Among the companies with shares expected to trade actively in Wednesday's session are Verizon, Office Depot, PepsiCo, Amazon.com and Apple.
Shares of Office Depot (NASDAQ: ODP) fell 9% during after hours trading on Tuesday after the office supplies retailer announced its intention to buy CompuCom, a provider of IT managed services, infrastructure ...
Several companies made headlines after hours Tuesday, including Ford Motor Company (NYSE:F), Office Depot Inc (NASDAQ:ODP) and Verizon Communications Inc. (NYSE:VZ). Ford announced plans to cut costs aggressively late yesterday. The automaker’s CEO Jim Hackett and the rest of the company’s executives are seeking to help boost its profits and revenue on its most valuable products, including trucks and SUVs.
The buyout will assist Office Depot (ODP) to acclimatize to the fast changing retail landscape along with providing enterprise-level tech services and products to customers.
Shares of Office Depot Inc. fell 2% late Tuesday after the company said it planned to buy IT company CompuCom Systems Inc. for $1 billion. That is a first step into "pivoting the company from a traditional ...
Office Depot, Inc. today announced it is pivoting the company from a traditional office products retailer to a broader business services and technology products platform.