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CEO Roland Smith, Office Depot, Insider Buys $230,500 thousand of Shares on March 12, 2014

Roland Smith, CEO of Office Depot, bought 50,000 shares of Office Depot (Stock Symbol: ODP) at $4.61 per share for a total amount of $230,500 thousand on March 12, 2014.

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Office Depot, OfficeMax close to get FTC Approval for the Proposed Merger

The Wall Street Journal said that office product retailers, OfficeMax (NYSE: OMX) and Office Depot (NYSE: ODP) were likely to receive the Federal Trade Commission’s approval for a proposed merger. The Journal said that the proposed merger of the United States’ second and third largest office product retailers will not harm the competitive landscape of [...]

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Major Movers on February 19; ODP, OMX, SPLS, HUM, SPWR, GIS

Shares of office supplies companies Office Depot Inc. (NYSE: ODP), OfficeMax Incorporated (NYSE: OMX) and Staples Inc. (NASDAQ: SPLS) are seeing a huge rally in trading today after the Wall Street Journal reported that OMX and ODP are close to merging.

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Starboard Discloses Stake in Office Depot (ODP)

Activist hedge fund Starboard Value LP, today, disclosed that it has taken a 13.3% ownership stake in Office Depot Inc. (NYSE: ODP). Starboard is now ODP’s largest shareholder.

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.