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HP share price in the doldrums

HP share price in the doldrums

At $16 (€14.75) a share, the HP share value is down 20% since the start of the year and some analysts think it could hit $10 (€9.22) a share before long. So why is the share price dropping? HP has grown its revenues by 13%, and net income is up 25%. The share buyback...
Staples completes tender offer for Essendant shares

Staples completes tender offer for Essendant shares

Following the news that Staples’ acquisition of Essendant has been approved with conditions, Staples has now announced the successful completion of the tender offer for all outstanding Essendant shares. Staples, Inc. and Essendant Inc. have announced the successful...
Essendant and Staples extend again

Essendant and Staples extend again

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
Staples completes tender offer for Essendant shares

Another extension for Essendant and Staples

Staples, Inc. and Essendant Inc. have announced that affiliates of Staples have once again extended the expiration time of the previously announced tender offer for all outstanding shares of Essendant’s common stock. The offer now runs until 6:00pm (New York City...
Why Office Depot could be a financial favourite

Why Office Depot could be a financial favourite

According to Zacks Equity Research, there are several reasons why Office Depot, Inc could be a promising stock option in 2019. Zacks explains that, in the midst of “a plethora of woes”, including the current US-China trade war and “slowing global economy”, one of the...