|Bid||10.190 x 195400|
|Ask||10.200 x 168600|
|Day's Range||10.190 - 10.200|
|52 Week Range||7.240 - 10.250|
|PE Ratio (TTM)||-2.82|
|Dividend & Yield||0.48 (4.71%)|
|1y Target Est||N/A|
Rating Action: Moody's downgrades Staples Term Loan to B1. Global Credit Research- 14 Aug 2017. New York, August 14, 2017-- Moody's Investors Service today downgraded to B1 the secured Term Loan of Staples, ...
Stiff competition and sluggish demand for paper-based office products due to technological advancements may impact Q2 numbers for Staples (SPLS).
Office Depot Inc.'s shares took a 23 percent dive following a Wednesday earnings report. The Boca Raton-based retailer (ODP) announced a 9 percent sales decline to $2.4 billion in Q2 results, but noted that the year-ago quarter benefited from a $250 million termination fee that Staples Inc. paid to the company. Before Staples was acquired by a New York City-based equity firm, the Framingham, Massachusetts-based company attempted to acquire Office Depot in a $6.3 billion deal, but antitrust regulators blocked it.