Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Staples, Inc.    SPLS

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Pantaloon Retail: Not In Deal To Sell Stake In Staples Joint Venture

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/01/2012 | 02:20pm CET

Pantaloon Retail (India) Ltd. (523574.BY) said Thursday it hasn't entered into any transaction to sell its stake in a joint venture with Staples Inc. (>> Staples, Inc.) to the U.S.-based office-supplies retailer.

"The company shall inform about any firm and binding decision no sooner approved by the board, to the regulators and the shareholders," Pantaloon Retail said in a notice sent to the stock exchanges.

The notice comes in response to an Economic Times report, citing two unidentified analysts, that said Pantaloon is planning to sell its stake in a deal which could fetch the company about INR2 billion ($41 million).

As of March 31, 2011, Pantaloon held a 39.49% stake in the joint venture with Staples, the newspaper reported.

-By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

Stocks mentioned in the article : Staples, Inc., Pantaloon Retail (India) Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on STAPLES, INC.
12/07 STAPLES : Survey - U.S. Workforce Desperate to Keep Sick Co-workers Away During ..
12/07 STAPLES INC : Entry into a Material Definitive Agreement, Material Impairments, ..
12/07 STAPLES : Cerberus Capital Management to Acquire Staples’ European Busines..
12/07 STAPLES, INC. : Announces Fourth Quarter 2016 Dividend
12/06 STAPLES : U.S. Workforce Desperate to Keep Sick Coworkers Away During Cold and F..
12/05 STAPLES : Launches New Designs for Exclusive Cynthia Rowley Collection Just in T..
12/01 STAPLES : Launches New Designs for Exclusive Cynthia Rowley Collection Just in T..
12/01 STAPLES : Calling all Ecovators! The Staples Superpower your School Contest is N..
11/29 STAPLES : Research Reports on Specialty Retail Equities -- Alibaba, eBay, Office..
11/25 STAPLES : Hilco Capital to Acquire Staples UK from Staples
More news
Sector news : Other Specialty Retailers - NEC
12/01DJAdidas Plots for More Gains in U.S.
11/26 Retail stock rally leaves few bargains for investors
11/24 FROM BOOKS TO BANKS : Investors place bets against Italy meltdown
11/21DJSM Investments Plans PHP20 Billion Bond Issue Mainly for Investments
11/15DJGAP : Names Former Kraft Finance Chief as Next CFO
More sector news : Other Specialty Retailers - NEC
News from SeekingAlpha
12/07 Staples sells controlling stake in European business to Cerberus
12/06 Staples declares $0.12 dividend
12/06 The Most And Least Loved Stocks In The S&P 500
12/02 The 5 Best Stocks In Each Sector Since The Election
11/29 Cyber Monday wrap and retail outperformers
Advertisement
Financials ($)
Sales 2017 20 250 M
EBIT 2017 935 M
Net income 2017 -335 M
Debt 2017 163 M
Yield 2017 4,83%
P/E ratio 2017 -
P/E ratio 2018 10,99
EV / Sales 2017 0,33x
EV / Sales 2018 0,32x
Capitalization 6 434 M
More Financials
Chart STAPLES, INC.
Duration : Period :
Staples, Inc. Technical Analysis Chart | SPLS | US8550301027 | 4-Traders
Full-screen chart
Technical analysis trends STAPLES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 9,64 $
Spread / Average Target -2,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Shira D. Goodman President, Chief Executive Officer & Director
Ronald L. Sargent Chairman
Christine T. Komola Chief Financial Officer & Executive Vice President
Thomas Conophy Chief Information Officer & Executive VP
Paul F. Walsh Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
STAPLES, INC.4.44%6 434
SM INVESTMENTS CORPORA..--.--%15 360
TRACTOR SUPPLY COMPANY-10.71%10 020
NEXT PLC-32.37%9 175
MARKS AND SPENCER GROU..-27.67%6 791
DUFRY AG2.92%6 693
More Results