Staples

Goldman Sachs has adjust price targets for the following companies: * Advance Auto Parts (NYSE: AAP) goes to $72 from $74. * CVS Caremark (NYSE: CVS) goes to $42 from $41. * Genuine Parts Company (NYSE: GPC) goes to $55 from $54. * O'Reilly Automotive (NASDAQ: ORLY) goes to $63 from $64. * Staples...

Goldman Sachs is making changes to the price targets of the following companies: Lowe's (NYSE: LOW) goes to $27 from $26; currently trades at $23.75. OfficeMax (NYSE: OMX) goes to $20 from $19; currently trades at $17.90. PetSmart (NASDAQ: PETM) goes to $42 from $41; currently trades at $38.51....

Piper Jaffray has published a research report on Broadline Retail & Consumer Products, believing that now is a good time to be a consumer and that ad scans for Black Friday have shown that promotions will be higher than in 2009. In the report, Piper Jaffray writes "Price discounts appear...

Jefferies is updating estimates on Staples (NASDAQ: SPLS) following 3Q results. Staples 3Q sales were in line with preannounced expectations at $6.54 bn, up 0.3% and in line by major business segment. FY11 EPS guidance was narrowed to $1.27-$1.29 from $1.25-$1.29, reflecting Q3 results. Jefferies...

Goldman Sachs has published its company update today on Staples (NASDAQ: SPLS) following the release of 3Q2010 earnings. Goldman Sachs writes, "EPS of $0.41, vs. $0.39 last year, met our estimate and beat the Street's $0.40. The 4Q guidance range of $0.39-$0.41 brackets the Street's $0.40 and our $...

Staples, Inc. (NASDAQ: SPLS) has been upgraded to Buy from Neutral by Goldman Sachs and has also had its price target raised to $23 (from $22), implying a 23% upside. Staples is currently implementing more disciplined capital allocation practices as it continues to buy back stock after a two year...

Staples, Inc. (Nasdaq: SPLS) announced late on Tuesday that it would raise its quarterly cash dividend from 8.25 cents per share to 9 cents per share. Staples, the world’s largest office products company with 2009 sales of $24 billion and 91,000 employees worldwide, will pay the dividend on April...

Citigroup analyst Kate McShane maintained her Buy rating for shares of Staples, Inc. (Nasdaq: SPLS) and lowered the price target from $29 to $26. With the stock down over two trading days after Staples offered a disappointing earnings and guidance report, McShane lowered the price target of the...

William Blair & Company analysts Jack Murphy, Andrew Siepker and Bryan Shea maintained their Outperform rating for shares of Staples, Inc. (Nasdaq: SPLS). Although 4th quarter results were mixed, the analysts pointed to improving trends in the North American market, expected improvement in...

Staples, Inc. (Nasdaq: SPLS) announced on Friday that it had reached a settlement in several overtime pay lawsuits. Staples agreed to pay $42 million to settle several cases at once, as well as to halt its appeal of a previous successful verdict against the company. The settlement is in regards to...