Barclays upgrades OfficeMax, others amid cuts

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    • Jan 2009
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    Barclays upgrades OfficeMax, others amid cuts

    Cost cuts at Office Depot Inc. , OfficeMax Inc. and RadioShack Corp. would help the U.S. retailers stabilize their liquidity amid tight competition, Barclays Capital said and upgraded the stocks to "equal weight" from "underweight". The ongoing strategic initiatives at Office Depot and OfficeMax are stabilizing their business and the stable ... (more)


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