STAPLES & OFFICE DEPOT @ YEAR HIGHS

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STAPLES & OFFICE DEPOT @ YEAR HIGHS

 user 2006-03-27 at 1:19:00 pm Views: 65
  • #15176

    Staples and Depot at year highs
    March 2005 – New York (NY): Shares of both Staples and Office Depot were trading at 52-week highs yesterday.
    Shares
    at Staples rose $0.59 to $25.35 in afternoon trading on the Nasdaq
    after Merrill Lynch analyst Danielle Fox upgraded Staples to “Buy” from
    “Neutral” and said the company offers “predictable earnings growth with
    strong, rising returns”.
    Depot’s shares climbed $0.66 to a 52-week high of $37.91 on the NYSE.
    On the same day, shares at OfficeMax rose $0.55 to $30.31 on the NYSE.