As it released preliminary earnings results Monday, Office Depot also announced that Chairman and Chief Executive Officer Steve Odland is stepping down.
Shares of Office Depot shot up more than 12% in premarket trading.
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Dozens of companies report earnings this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports. Among those posting improved results should be Microsoft and Visa. However, likely to p…
Stocks closed mixed Friday as another round of solid third-quarter earnings reports was checked by rising anxiety about the dollar. Despite the uncertainty, stocks pulled off their third straight week of gains.
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Nestle’s nine-month sales topped analysts estimates and the company announced a new strategy to become the world’s largest nutrition, health and wellness company on Friday.
Continue reading Nestle Annouces New …
Verizon Communications (VZ) reported earnings of 31 cents per share for the third quarter, compared with 41 cents per share last year.
The third-quarter earnings included non-operational charges of 25 cents per share, the largest of which was related…