Tesla, Office Depot tumble while Constellation Brands rises

April 4, 2019 GMT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:

Tesla Inc., down $24.03 to $267.78

The electric car maker's assembly lines slowed and deliveries fell...

Office Depot: 3Q Earnings Snapshot

November 7, 2018 GMT

BOCA RATON, Fla. (AP) _ Office Depot Inc. (ODP) on Wednesday reported third-quarter earnings of $60 million.

On a per-share basis, the Boca Raton, Florida-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share.

The office supply retailer posted revenue of $2.89 billion in the period.

Office Depot: 2Q Earnings Snapshot

August 7, 2018 GMT

BOCA RATON, Fla. (AP) _ Office Depot Inc. (ODP) on Tuesday reported second-quarter profit of $16 million.

The Boca Raton, Florida-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 5 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

TiVo, Booking and TJX jump while Lowe’s and Discovery skid

February 28, 2018 GMT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:

Celgene Corp., down $8.66 to $87.12

The drugmaker said regulators want more data about a multiple sclerosis drug before they will consider approving it.

Lowe's Cos., down $6.20 to $89.59

The home improvement retailer's profit fell short of expectations and its sales fell compared to last year.

Yum Brands Inc., up $1.20 to $81.38

The company's Pizza Hut chain announced a multiyear marketing deal with the NFL.

Mylan and Greenbrier rise; Office Depot and MBIA skid

October 4, 2017 GMT

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:

PepsiCo, up 21 cents to $109.34

A shift from sodas to more healthy and low-calorie drinks crimped quarterly sales but strong snack sales pushed profits up 8 percent compared with last year.

Office Depot Inc., down 81 cents to $3.78

The office supply company said it will buy CompuCom for $1 billion and cut its operating income estimate.

The Latest: Office Depot to stop selling Kaspersky software

September 14, 2017 GMT

NEW YORK (AP) — The Latest on Kaspersky Lab software (all times local):

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11:30 a.m.

Office Depot says it will no longer sell anti-virus software made by Russian company Kaspersky Labs, a day after the U.S. government banned federal agencies from using it.

Office Depot beats 3Q profit forecasts on cuts, tax benefit

November 2, 2016 GMT

NEW YORK (AP) — Office Depot Inc. on Wednesday reported a boost in third-quarter profit on lower costs and a hefty tax benefit, but sales continued dropping.

The office supply retailer has been shuttering stores as sales fall in the wake of a changing landscape. The industry as a whole is suffering because of less demand for office supplies in the workplace and online competition from places like Amazon.com.

Office Depot to close for Thanksgiving

By ANNE D'INNOCENZIOOctober 13, 2016 GMT

NEW YORK (AP) — Office Depot Inc. says it will close its stores for Thanksgiving, after three years of being open on the turkey feast.

The Boca Raton, Florida-based office supplies chain said Thursday it reached the decision after weighing both business and personal factors.

Office Depot misses 2Q profit forecasts

August 3, 2016 GMT

BOCA RATON, Fla. (AP) — Office Depot Inc. (ODP) on Wednesday reported second-quarter net income of $210 million, after reporting a loss in the same period a year earlier.

The Boca Raton, Florida-based company said it had net income of 38 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for...