OfficeMax Inc (OMX.N)
12.58USD
23 May 2013
$0.22 (+1.78%)
$12.36
$12.20
$12.58
$11.98
263,053
420,003
$14.91
$4.10
About
Overall
| Beta: | 2.68 |
| Market Cap (Mil.): | $1,075.38 |
| Shares Outstanding (Mil.): | 87.00 |
| Dividend: | 1.50 |
| Yield (%): | 0.65 |
Financials
OfficeMax shares up as special dividend outweighs profit miss
- OfficeMax Inc reported a lower-than-expected quarterly profit on Tuesday, hurt by continued weak sales of technology products and fewer shoppers visiting its stores, although it announced a special dividend of $1.50 per share.
BRIEF-Newell CEO sees impact from Office Depot-OfficeMax deal
May 3 - Newell Rubbermaid Inc : * CEO: "we expect a pretty significant liquidation of retailer inventory to
OfficeMax investor sues to block merger with Office Depot
- A shareholder in OfficeMax Inc sued the directors of the company on Thursday, seeking to block its acquisition by larger rival Office Depot Inc , calling the proposed $1.2 billion all-stock deal "grossly inadequate".
UPDATE 2-Office Depot results disappoint; plans special meeting
April 30 - Office Depot Inc reported a weaker-than-expected quarterly profit on Tuesday and said it would hold a special meeting with investors to seek approval for its pending merger with rival OfficeMax Inc.
Office Depot amends CEO employment agreement
April 11 - Office Depot Inc said it has changed its employment agreement with Chief Executive Neil Austrian to reflect the office supply firm's recent merger with OfficeMax Inc and search for a new CEO of the combined company.
Office Depot, OfficeMax get FTC request, pick CEO search panel
NEW YORK - Office Depot Inc and OfficeMax Inc both received a request for additional information from the Federal Trade Commission regarding their proposed merger, they said in a joint statement on Tuesday.
Office Depot, OfficeMax get FTC request, pick CEO search panel
NEW YORK, April 9 - Office Depot Inc and OfficeMax Inc both received a request for additional information from the Federal Trade Commission regarding their proposed merger, they said in a joint statement on Tuesday.
UPDATE 3-Starboard nominates new slate for Office Depot board
* New board needed to improve performance, pick new CEO: Starboard
UPDATE 1-Office Depot shareholder calls for sale of Mexican JV
* Largest shareholder Starboard owns 14.8 pct of Office Depot
CORRECTED-Office Depot, OfficeMax CEOs to stay in place pending merger (Feb 22)
(Corrects headline and paragraphs 1 and 2 to make clear CEOs will remain in their respective roles until CEO of merged company is appointed; paragraph 4 to say companies have not decided location of merged company's headquarters)
Competitors
| Price | Change | |
|---|---|---|
| Staples, Inc. (SPLS.OQ) | $15.04 | -0.13 |
| Office Depot Inc (ODP.N) | $4.27 | +0.07 |
| Costco Wholesale Corporation (COST.OQ) | $113.19 | -0.19 |
| Wal-Mart Stores, Inc. (WMT.N) | $76.33 | -0.70 |
| Target Corporation (TGT.N) | $68.67 | +0.27 |
| Best Buy Co., Inc. (BBY.N) | $26.29 | +0.64 |
| Amazon.com, Inc. (AMZN.OQ) | $261.80 | -1.16 |

Estimates