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Staples 2Q profit drops 16 percent

AP — Wed, 03 Sep 2008 10:53:22 +0000

Staples says its second-quarter profit dropped 16 percent, hurt by slow sales in the U.S. at established stores.

2Q profit reports from retailers show more strain

AP — Tue, 19 Aug 2008 19:12:31 +0000

From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that’s hurting retailers and raising more concerns about how they’ll do the rest of the...

Staples warns on 2Q earnings

AP — Tue, 19 Aug 2008 12:16:09 +0000

Staples Inc. warned Tuesday that its second-quarter results, excluding its acquisition of Corporate Express, would be weaker than anticipated.

Staples lands Corporate Express for $2.7 billion

AP — Thu, 12 Jun 2008 07:01:01 +0000

Staples Inc.’s four-month campaign to acquire Corporate Express NV finally yielded an agreement Wednesday, a $2.7 billion deal that Staples hopes will put further distance between itself and U.S. rivals Office Depot and OfficeMax. Its two...

Staples lands Corporate Express for $2.7B

AP — Wed, 11 Jun 2008 20:00:22 +0000

Corporate Express accepts $2.7B Staples offer

AP — Wed, 11 Jun 2008 11:20:10 +0000

The Dutch office supplies distributor Corporate Express NV accepted a sweetened buyout offer Wednesday of about $2.7 billion from U.S. office supplies retailer Staples Inc.Staples, which doggedly pursued the deal to broaden its reach in Europe,...

Staples comes back, again, for Corporate Express

AP — Tue, 03 Jun 2008 18:46:44 +0000

Staples Inc. raised its hostile bid for Corporate Express NV again Tuesday the Dutch company’s surprise bid for another office products supplier that would create a viable global competitor.At $2.6 billion, Staples’ new offer is 14...

Staples raises bid for Corporate Express to $2.6B

AP — Tue, 03 Jun 2008 10:19:25 +0000

Staples Inc. on Tuesday raised to $2.6 billion its hostile bid for Dutch office supplies distributor Corporate Express NV.Rather than accepting two previous overtures from Staples, Corporate Express last month struck a surprise deal to buy a...

Corporate Express buying French rival for $2.7B

AP — Wed, 21 May 2008 12:21:27 +0000

Offices supplies distributor Corporate Express NV showed its determination to fend off a hostile takeover by Staples Inc. on Wednesday, announcing plans to instead buy French peer Lyreco SAS for about $2.7 billion in cash and shares.If approved...

Staples profit edges up, despite slow US sales

AP — Tue, 20 May 2008 16:05:17 +0000

Strong sales of delivered office products to corporate customers at home and overseas helped Staples Inc. post a 1.5 percent increase in its first-quarter profit, and rebound modestly from small profit declines the previous two quarters.But the...