Sorry!! The article you are trying to read is not available now.
Office Supply Consolidation to Increase Market Leverage - Research Report on Staples, Inc., OfficeMax Incorporated, United Stationers Inc., Deluxe Corporation and Avery Dennison Corporation

NEW YORK, February 21, 2013 /PRNewswire/ --

Today, National Traders Association announced new research reports highlighting Staples, Inc. (NASDAQ: SPLS), OfficeMax Incorporated (NYSE: OMX), United Stationers Inc. (NASDAQ: USTR), Deluxe Corporation (NYSE: DLX) and Avery Dennison Corporation (NYSE: AVY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Staples, Inc. Research Report

Staples, the world's largest office supplies provider, rose by as much as 13 percent after its competitors announced a potential merger. According to analysts from Janney Montgomery Scott, Staples would benefit from the OfficeMax and Office Depot deal by gaining market share as its rivals close stores and execute a multi-year restructuring program. In the long-term, the company may also benefit from its acquisition of European rival Corporate Express, as well as geographical expansion. Earlier this year, the company announced the launch of Staples brand products in Japan, bringing its products to one of the world's biggest markets. The Full Research Report on Staples, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/334f_SPLS

--

OfficeMax Incorporated Research Report

There is news that OfficeMax is discussing a potential merger with Office Depot. The deal could potentially help the company benefit from cost cutting through synergies, and it would give the company leverage with suppliers. According to Sanford C. Bernstein, retail analyst for Colin McGranahan, "Consolidation would address the office supply sector's disadvantaged industry structure." Furthermore, KeyBanc analyst Bradley Thomas estimates that a merger would yield at least $300 million in synergies and around $400-$500 million over three years. The merger also has support from OfficeMax's third largest shareholder, Neuberger Berman, who said he approves of the merger depending on the terms of the deal. Shares for the company rose by as much as 20 percent following the report, and many believe that the deal could be announced as early as this week. The Full Research Report on OfficeMax Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.NationalTradersAssociation.org/r/full_research_report/acb1_OMX

--

United Stationers Inc. Research Report

United Stationers reported record revenue and earnings per share for both the fourth quarter and the year ended December 31, 2012. The wholesale distributor of business products commented that diluted earnings per share for the quarter were up 25 percent to 81 cents. Furthermore, the company benefited from its recent acquisition of O.K.I. Supply Co., which is expected to contribute 12 percent of total revenue. The company saw growth on many of its segments and executed a successful cost-control strategy. Following the strong results, analysts at Wunderlich increased the company's price target from $32 to $39. Besides United Nations' strong results, analysts also believe that a consolidated Office Depot and OfficeMax would rely on United Stationers to ensure healthy inventory levels and superior customer service in the short term. The Full Research Report on United Stationers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.NationalTradersAssociation.org/r/full_research_report/a011_USTR

--

Deluxe Corporation Research Report

Deluxe reported impressive fourth quarter 2012 financial results with revenue up 6 percent and adjusted EPS up by 14.5 percent to 95 cents. Deluxe CEO Lee Schram comments that the adjusted EPS exceeded the company's outlook due to strong performances from the Small Business Services and Financial Services divisions. He notes the OrangeSoda acquisition in the second quarter as a driver for revenue growth and expects this trend to continue. Over the year, the company has worked to make large expense reductions and has refinanced some of its long-term debt. Analysts comment that Deluxe is well positioned to take advantage of a rebounding economy and are confident of its long-term growth. As more businesses grow, Deluxe may benefit from higher demand for its services. While The Full Research Report on Deluxe Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.NationalTradersAssociation.org/r/full_research_report/5053_DLX

--

Avery Dennison Corporation Research Report

Avery Dennison reported adjusted earnings of 54 cents per share in the fourth quarter of 2012, up 50 percent from the same quarter the year before. Revenue was also up by 5.3 percent to $1.532 billion. Unlike its competitors, Avery has announced its intention to divest its Office and Consumer Products unit to focus on its Pressure-Sensitive Materials and Retain Branding Information Solutions segments. Avery's Consumer and Office Supplies unit and its coated films business would be sold to Canada's CCL Industries Inc. for $500 million and will use the proceeds to repurchase shares and make an additional pension contribution. In the coming year, the company is expecting significant profit growth, including double-digit earnings growth and higher returns. The Full Research Report on Avery Dennison Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.NationalTradersAssociation.org/r/full_research_report/7f04_AVY

--

Consider National Traders Association

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Demi Lapierre
Email: press@NationalTradersAssociation.org
Main: +1-(702)-212-4493

SOURCE National Traders Association

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here

WHAT'S POPULAR IN THE VILLE