Why Staples, Inc. Stock Jumped 11% in April

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    • Jan 2009
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    Why Staples, Inc. Stock Jumped 11% in April

    According to data from S&P Global Market Intelligence , the stock finished up 11.4%. According to The Wall Street Journal , the leading office retailer has entered into talks with a number of private-equity firms, who could see opportunity in Staples as the company is still profitable, despite sliding sales, and trades with a single-digit P/E ratio.


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