Staples, Inc. stock price

Staples, Inc. latest news:


  • 11/15/2017 09:23:11

    Amazon cutting prices of turkey, canned pumpkin for Thanksgiving at Whole Foods

    Whole Foods has cut prices on holiday staples and other groceries, Amazon announces. Some competitors, like ShopRite, offer free turkeys to shoppers who spend a certain amount of money.        

  • 11/13/2017 14:18:16

    Wall Street ticks up as dividend payers rise, GE slashes payout

    NEW YORK (Reuters) - U.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities.

  • 11/13/2017 14:04:32

    Wall Street ticks up as dividend payers rise, GE tumbles

    NEW YORK (Reuters) - U.S. stock indexes ticked up on Monday as a sharp drop in General Electric shares was offset by gains in high dividend-paying sectors including consumer staples and utilities.

  • 11/13/2017 13:39:51

    Wall Street ticks up; dividend payers rise as GE slashes payout

    NEW YORK (Reuters) - U.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities.

  • 10/31/2017 15:44:27

    Wall St. ends strong October higher as tech, staples lead

    (Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note.

  • 10/31/2017 12:35:00

    Wall St. set to end month on up note as tech, staples lead

    (Reuters) - A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports, along with further gains for tech stocks on Tuesday, put the three major Wall Street indexes on track for their best monthly gains since February.

  • 10/31/2017 12:34:00

    US STOCKS-Wall St set to end month on up note as tech, staples lead

    * Indexes up: Dow 0.12 pct, S&P 0.18 pct, Nasdaq 0.56 pct (Updates to late afternoon)

  • 10/16/2017 06:44:24

    Dutch food giant JBS Foods cancels plan for IPO

    Netherlands-based JBS Foods International filed Monday to withdraw its registration statement for an initial public offering, a year after filing that statement. In the original December 2016 filing for an IPO, the company said it was the largest protein company, or meat producer, with $33.7 billion in revenue through the first nine months of 2016. JBS Foods did not give a reason for the withdrawal, just that it "decided not to pursue the sale of securities" at this time. The withdrawal comes at a time when the SPDR Consumer Staples Select Sector ETF has slipped 0.3% over the past three months, while the S&P 500 ahs gained 3.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/10/2017 14:02:00

    Dow ends at record, lifted by Wal-Mart as stock market rises on consumer-staples shares

    U.S. stocks finished slightly higher on Tuesday, but the Dow industrials recorded its 47th all-time peak of 2017, buoyed by gains in consumer-staples shares, highlighting optimism ahead of earnings season. The Dow Jones Industrial Average gained 0.3% to 22,830 points, making this its eighth gain in the past 10 sessions. The S&P 500 ended the day 0.2% higher at 2,551 points, while the Nasdaq Composite was up 0.1% at 6,586. In individual stocks, Walmart was an outperformer after the retailer said it would continue to focus on its domestic stores and e-commerce during its investor day.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 10/03/2017 14:59:05

    Office Depot to buy CompuCom for $1 billion, lowers guidance

    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 products retailer to a broader business services and technology products platform," the company said in a statement. Private-equity firm Thomas H. Lee Partners LP owned CompuCom, and the deal will include paying down CompuCom debt and issuing new Office Depot shares. The deal would add $1.1 billion of revenue and more than $40 million within two years in cost synergies. In the same statement, Office Depot said it was lowering its outlook for 2017, saying it expects adjusted operating income to be between $400 million and $425 million, from an estimate of $500 million. The company pinned the downgrade to the impact of the hurricanes, lower back-to-school sales and store traffic, and temporarily higher supply-chain costs. The stock ended the regular session up 1.3%. A merger between Office Depot and rival Staples Inc. was scuttled last year, and earlier this year Staples was sold to a private equity firm.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/25/2017 14:03:54

    U.S. stocks close lower as tech shares sell off

    U.S. stock-market indexes closed lower on Monday led by sharp declines in technology shares. Escalating tension between North Korea and the U.S. added to already downbeat mood on Wall Street. The S&P 500 fell 5.56 points, or 0.2%, to 2,496.66. The technology sector fell 1.4%, outweighing gains in the energy and consumer staples sectors. The tech-heavy Nasdaq Composite index slumped 56.33 points, or 0.9%, to 6,370.59. The Dow Jones Industrial Average declined 53.84 points, or 0.2%, to 22,295.75. Shares of large technology companies were among the worst performers. Netflix Inc. and Facebook Inc. shares dropped nearly 5%, though both stocks are up more than 40% year to date.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/25/2017 10:12:42

    Colgate-Palmolive's stock surges as analyst sees 'rare opportunity' to buy

    Shares of Colgate-Palmolive Co. ran up 3.4% toward a 2 1/2-month high in midday trade Monday, after the consumer products company was upgraded at Morgan Stanley, citing valuation and expectations of a re-acceleration in sales growth. Analyst Dara Mohsenian raised his rating to overweight from equal weight, and lifted his stock price target to $84 from $75. In a recent survey of investors, Mohsenian said Colgate-Palmolive scored the lowest on sentiment among the mega-cap consumer staples companies covered, which likely stems from three-straight quarters of sales growth disappointments and subpar earnings quality. But Mohsenian said he believes revenue growth will accelerate given easier comparisons and a rebound in emerging markets, at a time when the market is "mispricing" the company's strategic options and competitive position. "We see a rare opportunity to buy a well-positioned business at a valuation level close to structurally less-attractive peers, as [Colgate-Palmolive's] topline slowdown vs. peers has driven stock underperformance," Mohsenian wrote in a note to clients. The stock has lost 3.1% over the past three months, while the SPDR Consumer Staples Select Sector ETF has eased 2.2% and the S&P 500 has gained 2.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/08/2017 15:43:38

    Cadence Design Systems to join S&P 500

    Cadence Design Systems Inc. will join the S&P 500 index before the market opens on Sept. 18, according to S&P Dow Jones Indices late Friday. San Jose, Calif.-based Cadence, which makes chip-design software, will replace Staples Inc. [s; spls] on the index. Shares of Cadence declined 0.6% to $38 after hours. In late June, Staples agreed to be acquired by private-equity firm Sycamore Partners for $6.9 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/06/2017 10:08:36

    BRIEF-Coca-Cola European Partners affirms FY 2017 guidance​

    * ‍coca-Cola European Partners to present at barclays global consumer staples conference, affirms full-year 2017 guidance​

  • 08/24/2017 18:31:34

    Amazon Plans to Lower Some Prices at Whole Foods

    Amazon said that starting Monday, Whole Foods will offer lower prices on a “selection of best-selling staples across its stores, with much more to come.”

  • 08/24/2017 14:19:50

    Dow, S&P 500 end lower as grocers get whacked

    U.S.stock-market indexes closed slightly lower Thursday, after spending most of the session without clear direction, as investors focused on a symposium of central bankers in Jackson Hole, Wyo. The S&P 500 closed 5.07 points, or 0.2%, lower at 2,438.97, with consumer-staples shares leading the decline. The sector fell 1.3%. Kroger Co. dropped 8%, while Costco Wholesale Corp declined 5%, after Amazon.com Inc. announced late afternoon that its merger with Whole Foods Market Inc. would be completed as early as Monday and that the organic supermarket chain would offer discounts on items, rattling rival grocers. The Nasdaq Composite index closed 7.08 points, or 0.1% lower, at 6,271.33. The Dow Jones Industrial Average lost 28.69 points, or 0.1%, to 21,783.40. Among other individual performers on Wall Street, J.M. Smucker Co. shares tumbled 9.5% as the foods producer lowered its full-year outlook and its first-quarter earnings missed estimates. The Jackson Hole gathering will feature speeches from European Central Bank President Mario Draghi and Federal Reserve Chairwoman Janet Yellen. Separately, insurer shares took it on the chin as Tropical storm Harvey, headed toward the Gulf Coast, was upgraded to a hurricane, which could increase to a Category 3 storm. Travelers Cos. Inc. shares, a Dow component, was among the blue-chip's worst performers, off 1.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/24/2017 14:05:39

    Stocks close lower as investor focus on Jackson Hole symposium

    U.S. stock-market indexes closed slightly lower Thursday, after spending most of the session without clear direction, as investors focused on a symposium of central bankers in Jackson Hole, Wyo. The S&P 500 closed 5.07 points, or 0.2%, lower at 2,438.97 with consumer staples shares leading the losses. The sector fell 1.3%. Kroger Co. dropped 8%, while Costco Wholesale Corp declined 5%. The Nasdaq Composite index closed 7.08 points, or 0.1% lower, at 6,271.33. The Dow Jones Industrial Average lost 28.69 points, or 0.1%, to 21,783.40. Among the worst performers on Wall Street, J.M. Smucker Co. tumbled 9.5% as the foods producer lowered its full-year outlook and its first-quarter earnings missed estimates. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/24/2017 08:10:11

    Stock market relinquishes early slight gains in morning trade

    U.S. stocks turned negative in early trade on Thursday, giving up slight gains as declines in consumer staples and telecommunication pressured equity benchmarks. The Dow Jones Industrial Average was off 26 points, or 0.1%, at 21,788, while the S&P 500 index was trading 0.1% lower at 2,440, with its consumer-staples sector, down 0.6%, performing the worst among its 11 categories. The technology-laden Nasdaq Composite Index, meanwhile, was 0.1% lower at 6,271. The declines, as were the early advances, were slight and likely set the stage for a volatile day, marked by seasonally low trading volumes. Investors are mainly focused on the start of a symposium of central bankers at Jackson Hole, Wyo., which could set the tone for markets. They are also closely following messages out of the White House, as President Donald Trump dials up the rhetoric with a series of tweets, hinting at continued discord between him and Sen. Majority Leader Mitch McConnell, which could make forging new legislation and avoiding a government shutdown difficult. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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