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Office Depot News Archives

Office Depot News Archives for April 2008

Apr 30, 2008 | International Business Times

Earnings roundup: Waste Management, Office Depot

Among the earnings stories for Tuesday, April 29, from AP Financial News: HOUSTON Waste Management Inc.'s first-quarter income edged up just over 1 percent as an ongoing strategy to dump or reprice work with ... via International Business Times

Comment?

Related Topix: Environmental, Waste Management, Palm Beach, FL, West Palm Beach Metro, Office Equipment, Retail

Tue Apr 29, 2008

CNN Money

Office Depot's profit falls 55%

Office supply retailer Office Depot said its fiscal first-quarter profit fell 55% due to North American sales declines, but results still managed to top Wall Street's expectations. via CNN Money

Comment?

Related Topix: Office Equipment, Retail, Delray Beach, FL

Sun Apr 27, 2008

MarketWatch

Retail Stocks: Economic worries, higher oil prices lead retail shares lower

Economic worries compounded by record-high oil prices sent retail shares lower Tuesday. via MarketWatch

Comment?

Related Topix: Apparel, Coach, Office Equipment, Retail

Fri Apr 25, 2008

Display & Design Ideas

Office Depot Enters India Market

“Reliance Retail has embarked on an ambitious plan to transform the retail market in India. To provide a range of options for business customers, we have partnered with Office Depot”

Delray Beach, Fla.-based Office Depot Inc. announced its partnership with Mumbai, India-based Reliance Retail Ltd. via Display & Design Ideas

Comment?

Related Topix: Delray Beach, FL, Office Equipment, Retail, World News, India,

Wed Apr 23, 2008

Palm Beach Post

Shareholders vote to keep Office Depot directors

“With the proxy contest behind us, we can now focus all of our energy on taking care of business and continuing to implement our strategic plan”

Shareholders voted this morning to retain all 12 of Office Depot Inc.'s board directors, despite increasing criticism of the company's performance. via Palm Beach Post

Comment?

Related Topix: Office Equipment, Retail

Tue Apr 22, 2008

South Florida Business Journal

Office Depot teams up with Indian retailer

“The joint venture with Reliance and strategic acquisition of eOfficePlanet will put Office Depot in a leadership position in India”

Office Depot said it has entered into a joint venture with a subsidiary of India-based Reliance Industries Ltd. via South Florida Business Journal

Comment?

Related Topix: Office Equipment, Retail

Sun Apr 20, 2008

PR-inside.com

All Four Leading Proxy Advisors Recommend That Office Depot...

David Reno/Dan Gagnier, 212-687-8080 dreno@sardverb.com dgagnier@sardverb.com Office Depot, Inc. via PR-inside.com

Comment?

Related Topix: Delray Beach, FL, Corporate / Securities Law, Law, Office Equipment, Retail, Securities and Exchange Commission

Fri Apr 18, 2008

Earth Times

Office Depot Appreciates Stockholder Support That Caused Dissident to ...

DELRAY BEACH, Fla. - Office Depot, Inc. , a leading global provider of office products and services, today issued the following open letter to its stockholders in connection with its Annual Meeting of ... via Earth Times

Comment?

Related Topix: Delray Beach, FL, Office Equipment, Retail, Marketing

Thu Apr 17, 2008

Earth Times

Woodbridge Determines Not to Nominate Candidates for Election to Office Depot Board

“The average three-year compensation paid to the CEO is 243% above the median paid to CEOs at peer companies and the average three-year compensation paid to the other named executives is 3% below the median paid to executives at peer companies.”

FORT LAUDERDALE, Fla., April 17 /PRNewswire/ -- Woodbridge Equity Fund LLLP and Levitt Corporation , together "Woodbridge," today announced that they no longer intend to nominate candidates for election to the ... via Earth Times

Comment?

Related Topix: Fort Lauderdale Metro, Fort Lauderdale, FL, Miami Metro, Office Equipment, Retail

Motley Fool

Intel Turns, CV Earns, Office Depot Burns

Revenue climbed 9% higher to $9.7 billion, while operating profits soared 23% higher to $2.1 billion. via Motley Fool

Comment?

Related Topix: PC, HP, Computers, Office Equipment, Biotech, Retail, Medicine, CV Therapeutics, Healthcare Industry

Tue Apr 15, 2008

Quamnet

S&P cuts Office Depot corporate credit rating to 'BB+'

Standard & Poor's Ratings Services on Tuesday lowered its corporate credit rating on Office Depot Inc. via Quamnet

Comment?

Related Topix: Office Equipment, Retail, Delray Beach, FL

Sun Apr 13, 2008

Earth Times

Proxy Advisor Recommends Office Depot's Stockholders Vote to Reject...

DELRAY BEACH, Fla. - Office Depot, Inc. , a leading global provider of office products and services, reported today that Institutional Shareholder Services , an institutional proxy advisory service, recommends ... via Earth Times

Comment?

Related Topix: Delray Beach, FL, Financial Services, Investment Services, Office Equipment, Retail

Fri Apr 11, 2008

Investopedia

Activism At Office Depot Could Pay Off

Office supply retailer Office Depot has been under pressure for some time now. A quick look at its ugly chart and recent comments about the company in the financial media show just how intense the pressure has ... via Investopedia

Comment?

Related Topix: Activism, Office Equipment, Retail, OfficeMax, Staples

Wed Apr 09, 2008

Buckeye State Blog

Some thoughts on the Dann 'cover up' story

Submitted by modernesquire on Wed, 04/09/2008 - 10:27am. It took a couple of days, but we've finally gotten an indirect denial from the Attorney General that his then-scheduler was not at his former condo in ... via Buckeye State Blog

Comment?

Related Topix: Office Equipment, Retail, Law, Employment / Labor Law

Mon Apr 07, 2008

MSN Money

Staples CEO gets $30 million in '07

Staples Inc. Chairman and CEO Ronald Sargent was awarded compensation valued at $30.3 million in 2007, as the world's largest office products supplier continued to put distance between itself and its lagging ... via MSN Money

Comment?

Related Topix: Office Equipment, Retail, Staples, OfficeMax

Palm Beach Post

Depot CEO: Stock options 'under water'

“How do I justify Steve's compensation? It was very easy. He had a salary. He didn't get a bonus”

Office Depot Inc. chief Steve Odland says he's "in the hole." The Delray Beach retailer recently reported Odland's 2007 compensation at nearly $12.9 million. via Palm Beach Post

Comment?

Related Topix: Delray Beach, FL, Office Equipment, Retail

Sat Apr 05, 2008

hosted South Florida Sun-Sentinel | South Florida Sun-Sentinel

Stay Safe: How you can cut vehicle break-ins

“They're very popular right now.”

Broward Sheriff's Office Sgt. Thomas Palmer watches a woman walking in the parking lot of a Deerfield Beach fitness club and sees a potential victim.

'Chances are, she has a purse,' Palmer says.

The woman, dressed in workout gear, carries nothing but an MP3 player and a bottle of water. 'Chances are, that purse is in the BMW. And she has no idea I just drove past.'

Vehicle break-ins may be one of the easiest crimes to prevent, but Palmer and other South Florida detectives are always talking to new victims. Some have had a few items ripped off. Others have had their identities stolen and their bank accounts raided. Read more

Comment?

Related Topix: Office Equipment, Retail, Deerfield Beach, FL, Delray Beach, FL

Thu Apr 03, 2008

Business Wire

Office Depot Announces New Promotion Offering 25 Percent Back on the Brands You Use Everyday

Office Depot , a leading global provider of office products and services, today announced a special promotion for members of its industry-leading Worklife Rewards loyalty program. via Business Wire

Comment?

Related Topix: Office Equipment, Retail

Tue Apr 01, 2008

Digital Producer

Office Depot Tells Shareholders To Reject Proxy Bid

“Under the current board and management team, Microsoft Office Home and Student 2007 SoftwareKing-$129.49 RoyalDiscount-$110.85 Purplus-$132.95 ');”

Levan, who heads real estate development company Levitt Corp., wants to replace present and former Microsoft Office Home and Student 2007 SoftwareKing-$129.49 RoyalDiscount-$110.85 Purplus-$132.95 ');" ... via Digital Producer

Comment?

Related Topix: Office Equipment, Retail, Pitney Bowes

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