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 newsTweets 

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.
01/06 STAPLES : Specialty Retail Stocks Under Scanner -- Alibaba, eBay, Office Depot, ..
01/06 STAPLES : Appoints Jeff Hall Chief Administrative Officer and Vice Chairman
01/06 STAPLES : Postal Service to end shipping services in 500 Staples stores
01/06 STAPLES : U.S. Postal Service ends deal with Staples after long-running union pr..
01/05DJDIGITAL DUNKIN' : Non-Tech Firms Crash CES, Looking to Connect
01/05 STAPLES : US Postal Service to no longer offer services at Staples
01/05 STAPLES INC : Change in Directors or Principal Officers, Financial Statements an..
01/05 STAPLES, INC. : Appoints Jeff Hall Chief Administrative Officer and Vice Chairma..
01/04 STAPLES : Survey Finds 85% of Small Business Owners are Optimistic About Future ..
01/03 STAPLES : Survey Finds 85% of Small Business Owners are Optimistic About Future ..
More news
Sector news : Other Specialty Retailers - NEC
01:11pDJESSILOR INTL : Luxottica to Merge, Creating $49 Billion Company -- 3rd Update
01:07pDJESSILOR INTL : Luxottica to Merge, Creating $49 Billion Company -- 3rd Update
09:34aDJESSILOR INTL : Luxottica to Merge, Creating $49 Billion Company -- 2nd Update
08:04aDJESSILOR INTL : Luxottica to Merge, Creating $49 Billion Company -- Update
07:35aDJESSILOR INTL : Luxottica to Merge, Creating $49 Billion Company
More sector news : Other Specialty Retailers - NEC
News from SeekingAlpha
01/05 Retail sell-off spreads from high to low
2016 20 'Safe' Dividends From 50 S&P 500 Top Yield Dogs
2016 S&P 500 INDEX DOGS : Communication Towers Over December Field
2016 Staples sells controlling stake in European business to Cerberus
2016 Staples declares $0.12 dividend
Advertisement
Financials ($)
Sales 2017 20 253 M
EBIT 2017 935 M
Net income 2017 -350 M
Debt 2017 163 M
Yield 2017 5,21%
P/E ratio 2017 -
P/E ratio 2018 10,13
EV / Sales 2017 0,30x
EV / Sales 2018 0,30x
Capitalization 5 966 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
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 9,92 $
Spread / Average Target 8,1%
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
Faisal Masud Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
STAPLES, INC.1.33%5 966
SM INVESTMENTS CORPORA..--.--%16 465
TRACTOR SUPPLY COMPANY0.32%9 982
DUFRY AG8.27%7 342
NEXT PLC-18.88%7 240
MARKS AND SPENCER GROU..-3.11%6 711
More Results