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Tag Archives: Staples

Staples’ Profit Declines

26-Aug-09

Unfortunately for Staples Inc., cutting back on expenses such as office supplies has been at the top of companies’ to-do lists since the onset of the global recession. This curtailed demand helped contribute to a 38% dive in profit for Staples’ second quarter ended August 1, 2009. Net income at the world’s biggest office products [...]

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Overnight Market News – August 25, 2009

25-Aug-09

US President Obama to Reappoint Ben Bernanke for Second Term as Federal Reserve Head UK Mortgage Approvals Rise to 38,181 in July from June’s 35,564, Highest Level Since February 2008 Staples Inc Posts 38% Plunge in Second Quarter Net Income to USD 92.4mm as Companies Reduced Spending on Office Supplies Lowe’s Cos Inc Enters into [...]

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