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Office Supply Consolidation to Increase Market Leverage - Research Report on Staples, Inc., OfficeMax Incorporated, United

 Office Supply Consolidation to Increase Market Leverage - Research Report on
    Staples, Inc., OfficeMax Incorporated, United Stationers Inc., Deluxe
                  Corporation and Avery Dennison Corporation

PR Newswire

NEW YORK, February 21, 2013

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

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realize that the ship has long sailed? You need a strong, informative
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Contact: Demi Lapierre
Email: press@NationalTradersAssociation.org
Main: +1-(702)-212-4493

SOURCE National Traders Association
 
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