OfficeMax News

No. 1 U.S. office-supplies retailer Staples Inc. on Tuesday posted a better-than-expected 72% increase in its third-quarter profit after North American retail customer traffic turned positive for the first time in nine quarters, helping to offset still weak demand for bigger-ticket items including furniture and business machines.

IN PICTURES: Eight Ways To Survive A Market Downturn . Staples Vs. The Industry Staples may very well be in a class by itself.

Office supply retailers' stocks are soaring after Staples posted better-than-expected third-quarter earnings and offered an upbeat outlook.

The group, Tucson Values Teachers, is working with the national office supply retailer to conduct their a oeTeacher Excellencea award campaign.

The top office products retailer said sales at its North American stores open at least a year, or same-store sales, were flat in the third quarter after posting declines since last December.

Based on the aggregated intelligence of 145,000-plus investors participating in Motley Fool CAPS , the Fool's free investing community, office-supply retailer OfficeMax has received the dreaded one-star ranking .

Retailers' six-week streak of same-store sales gains has ended. For the first week of the month ended Nov.

Department-store operator J.C. Penney Co. reports earnings for the third quarter on Friday before the market opens.

Procter & Gamble reported that fourth-quarter profits fell 18 percent and sales were off 11 percent, and the company forecast more declines in the current quarter, Bob McDonald's first as CEO.

NAPERVILLE ,A Ill. OfficeMax announced that it has entered into a strategic alliance and partnership with U.S. Bank, lead bank for U.S. Bancorp to issue a new OfficeMax Visa Signature and Visa Rewards credit card.

NAPERVILLE ,A Ill. OfficeMax announced that it has earned Service Quality Measurement Group Inc.'s prestigious Highest Customer Satisfaction for the Call Center Award for the Retail industry, scoring the highest ever of any company.

OfficeMax has completed its major store closures, executives said at the company's third quarter conference call.

Office Depot Inc., down 23 cents at $5.82 An analyst cut his rating on the office products retailer and said he prefers OfficeMax Inc.

Retailers are roaring Thursday morning, after GDP reported growth, signaling a possible end to the recession.

This morning, TD Newcrest upgraded shares of Barrick Gold from Buy to Action List Buy as the company is the top pick among established gold producers.

Allegheny Energy Inc. /quotes/comstock/13*!aye /quotes/nls/aye said Thursday third-quarter net income fell to $77 million, or 45 cents a share, from $89 million, or 52 cents a share in the year-ago period.

Office Depot and OfficeMax reported a drop in third-quarter sales but eked out profits, thanks to expense control and a focus on sales in profitable categories.

Office-supply retailer OfficeMax Inc. said Thursday it moved to a third-quarter profit from a year-ago period weighed down by a massive write-down. But results missed analyst estimates, sending shares sharply lower in premarket activity.

NAPERVILLE ,A Ill. OfficeMax announced that it as been named the 2009 Supplier of the Year by the North American Steel Alliance for outstanding customer service and support.

NAPERVILLE ,A Ill. OfficeMax chairman and CEO Sam Duncan has received the 2009 CEO Diversity Leadership Award presented by Diversity Best Practices.