Squawk Box Stocks Reports On: Bank of America Corporation (NYSE: BAC), Office Depot, Inc. (NYSE: ODP), OfficeMax Incorporated...
February 20 2013 - 8:00AM
Marketwired
Bank of America Corporation. (NYSE: BAC), Office Depot, Inc. (NYSE:
ODP), OfficeMax Incorporated. (NYSE: OMX), Staples, Inc. (NASDAQ:
SPLS).
Bank of America Corporation (BAC) saw shares advancing 1.33% or
$0.16 per share to close at $12.19 on volume of 170,618,904 shares
traded during yesterday's trading session. Shares continued to
rally as the company disclosed Chief Executive Brian Moynihan's pay
increased 73 percent in 2012 from the previous year to $12.1
million, as the bank gave him a bigger package of stock awards. The
second-largest U.S. bank gave Moynihan a raise when other CEOs on
Wall Street received a pay cut, after Bank of America's stock
soared in 2012 and it made progress in resolving lawsuits from the
financial crisis. Will shares continue to advance in the days
ahead? Find out our thoughts in our exclusive report at:
http://squawkboxstocks.com/report/BAC
Office Depot, Inc. (ODP) saw shares advancing 9.37% to close
yesterday's trading session at $5.02 on volume of 83,837,794 shares
traded. Several media reports said the office supply chain was in
talks to combine with rival OfficeMax. Will this positive news lead
to a continued gain in shares this week? Find out more in our
exclusive report at: http://squawkboxstocks.com/report/ODP
OfficeMax Incorporated (OMX) saw shares gaining 20.93% or $2.25
per share to close yesterday at $13.00 on volume of 15,617,476
shares traded. OfficeMax turned out to be the bigger winner of
yesterday's rumored merger between the retail supply chain
companies, but will the gains continue? See what our trend analysis
says in this exclusive report found at:
http://squawkboxstocks.com/report/OMX
Staples, Inc. (SPLS) saw its shares rise 13.13% or $1.70 per
share to close yesterday at $14.65 on volume of 68,197,651 shares
traded. The company saw its stock gain analysts said that the
office supply chain would benefit if a rumored combination of
OfficeMax and Office Depot goes through. Will shares continue to
rise or give back some of their gains this week? Find out our
thoughts in our exclusive report at:
http://squawkboxstocks.com/report/SPLS
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