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Corporate Press Releases

  • 3/9/10 5:11 pm EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.09 per share, an increase of nine percent over the previous quarterly cash dividend of $0.0825 per share. On an annualized basis, the quarterly dividend is equal to $0.36 per share from the $0.33 per share that the Company paid in 2009. The dividend is payable on April 15, 2010, tomore...
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  • 3/2/10 6:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its fourth quarter and fiscal year ended January 30, 2010. Total company sales for the fourth quarter 2009 increased four percent to $6.4 billion compared to the fourth quarter of 2008. Net income for the fourth quarter 2009 declined 18 percent year over year to $234 million, and diluted earnings per share, on a GAAP basis, decreased 20 percent to $0.32 from the $0.40 achievedmore...
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  • 2/23/10 8:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) will hold its quarterly conference call to discuss fourth quarter and fiscal 2009 results on Tuesday, March 2, 2010 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time). This call is being webcast by Thomson Reuters and can be accessed at Staples’ Web site at http://investor.staples.com. The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individualmore...
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  • 1/29/10 10:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that it has reached a global settlement in several retail wage and hour class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. Under the terms of the global settlement, which is subject to court approval, the Company has agreed to pay $42 million to resolve the allegations and avoid further distraction from litigation that hasmore...
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  • 1/6/10 9:38 am EST

    The 1.01 Megawatt Solar System Provides Power Equal to that Used by
    More Than 100 Homes Annually

    HANOVER, Md.--(BUSINESS WIRE)--Staples (NASDAQ: SPLS), the world's largest office products company and SunEdison, North America’s largest solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), hosted a dedication ceremony today to unveil the largest single rooftop solar power installation in Maryland at Staples’ 200,200 square foot fulfillment center in Hanover. The 1.01 megawatt solar installation covers nearly 175,more...
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  • 9/10/08 8:30 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Elizabeth A. Smith, president of Avon Products, Inc., to its board of directors. “Liz brings a wealth of global business expertise, consumer products knowledge and operating experience, making her a great addition to our strong board of directors,” said Ron Sargent, Staples chairman and chief executive officer. Smith is responsible for Avon’s world-widemore...
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  • 8/11/08 9:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) today announced the appointment of Michael Patriarca to senior vice president of Quill, who assumes leadership of the catalog and online business serving small and medium-sized businesses. Patriarca reports to Joe Doody, president of Staples North American Delivery. “Mike brings a wealth of knowledge and experience to his new leadership role,” said Doody. “He is well prepared to help drive themore...
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  • 7/29/08 3:30 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today that Corporate Express, which Staples acquired in July 2008, intends to file a Form 15F with the United States Securities and Exchange Commission on July 29, 2008 to terminate its reporting obligations under the United States Securities Exchange Act of 1934, as amended (the “Exchange Act”), with respect to the 8.25 percent senior subordinated notes due July 1, 2014 (the “2014 Notes”) and 7.875more...
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  • 7/23/08 11:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. (“Staples Acquisition”) announced today the settlement of the post acceptance period (na-aanmeldingstermijn) of the offer (“Offer”) for all the issued and outstanding ordinary shares (“Ordinary Shares”), American depositary shares (“ADSs”) and depositary receipts for preference A shares (“Preference A Shares”) that were validly tendered in themore...
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  • 7/17/08 12:00 pm EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary Staples Acquisition B.V. (“Staples Acquisition”) announced today that the following securities have been tendered during the post acceptance period (na-aanmeldingstermijn) (“Post Acceptance Period”) of the offer to acquire the outstanding securities of Corporate Express N.V. (“Corporate Express”) (“Offer”): (i) 7,437,636 ordinary shares with a nominal value of EUR 1.20 each (“more...
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