Jeff Smith, the manager of Starboard Value is bullish on the Office Supplies segment as Starboard has recently made two bullish moves involving Staples, Inc.

Keep Reading →

December 11th, 2014 - Hedge Funds News

Darden Restaurants Inc. (DRI), Office Depot Inc. (ODP): Starboard Discloses Important Information Regarding Both Companies

On September 10, Jeffrey Smith’s Starboard Value Lp filed two Schedule 13D forms with the SEC, disclosing its current stakes in Darden Restaurants Inc. (NYSE:DRI) and Office Depot Inc. (NYSE:ODP).

Keep Reading →

September 12th, 2014 - Hedge Funds News

MeadWestvaco Corp. (MWV), Darden Restaurants Inc. (DRI), Office Depot Inc. (ODP): Jeffrey Smith's Starboard Top Stock Picks

Starboard Value LP, managed by Jeffrey Smith, recently filed a Form 13 with the U.S. Securities Exchange Commission.

Keep Reading →

August 19th, 2014 - Hedge Funds News

Jeff Smith, Starboard Value Add to Position in Office Depot Inc (ODP)

Jeff Smith's fund Starboard Value, has slightly increased its position in Office Depot Inc (NYSE:ODP), the latest filing with the Securities and Exchange Commission, disclosing the fund currently holds...

Keep Reading →

December 16th, 2013 - Hedge Funds News

Jeff Smith, Starboard Value Intend to Sell Shares of Office Depot

Jeff Smith's fund Starboard Value has just disclosed, in a newly amended filing with the Securities and Exchange Commission, that it intends to sell shares of Office Depot Inc (NYSE:ODP).

Keep Reading →

November 19th, 2013 - Hedge Funds News

Starboard Value's Round Trip at Emulex Corporation

Jeffrey Smith's hedge fund, Starboard Value, slashed its stake in Emulex Corporation (NYSE:ELX) -a network connectivity, monitoring and management products provider- by about 26% last week.

Keep Reading →

November 18th, 2013 - Hedge Funds News

Staples, Inc. (SPLS): A $500 Investment in This Office Supply Stock Could Yield a 60% Return

There was a corporate shakeup in the office supply world in February when Office Depot Inc (NYSE:ODP) and OfficeMax Inc (NYSE:OMX) announced their intended merger.

Keep Reading →

September 17th, 2013 - News Options

Office Depot Inc (ODP), OfficeMax Inc (OMX): Staples, Inc. (SPLS) Is Fighting Hard Against Industry Trends

Staples, Inc. (NASDAQ:SPLS), the once-dominant office supply store, isn't what it used to be due to weak consumer spending and competitive online threats.

Keep Reading →

September 16th, 2013 - News