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ODP Corp Spinning Off Distribution Arm Into Separate Business

ODP Corp. ODP Corp., the holding company for Office Depot-Office Max, announced Wednesday that it will split the company into two separate, publicly-traded companies one for its retail consumer and small business products and one for its distribution operations in the first half of next year. Amid an acquisition pursuit by rival office supplies giant Staples, ODP said its board of directors unanimously approved the separation plan that will allow the two companies to pursue market opportunities, accelerate growth and unlock significant value for shareholders and all stakeholders. Upon the separation, the two companies will be: ODP – a provider of retail consumer and small business products and services, distributed via approximately 1,100 Office Depot and OfficeMax retail locations and via e-commerce from officedepot.com

The ODP Corporation Announces First Quarter 2021 Results

Press release content from Business Wire. The AP news staff was not involved in its creation. The ODP Corporation Announces First Quarter 2021 Results May 5, 2021 GMT BOCA RATON, Fla. (BUSINESS WIRE) May 5, 2021 The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores, today announced results for the first quarter ended March 27, 2021. Consolidated 1Q21 (13)% (2) ADVERTISEMENT Total reported sales of $2.4 billion, down 13% versus last year GAAP operating income of $55 million and net income of $53 million, or $0.95 per diluted share, versus $80 million and $45 million, or $0.84 per diluted share, respectively in the prior year

As Crypto Grows, How Will Bitcoin and Ethereum Play Off Each Other?

As Crypto Grows, How Will Bitcoin and Ethereum Play Off Each Other? May 3, 2021 Bitcoin is still the king of the cryptocurrency space, but when it comes to rapid price appreciation, there’s a new sheriff in town: Ethereum. Ethereum is the blockchain on which the crypto known as Ether trades. Ether may never catch Bitcoin in terms of market capitalization, but it doesn’t have to as it’s a solid number two in the crypto space. Moreover, many market observers believe Ether has more gas in its tank. “A reflection of this, the chart of the spread showing the decline of Bitcoin against the rise in Ethereum has become one of the most popular on Twitter in recent weeks. It is being used to support the view of further Ethereum outperformance, based on the inverted head and shoulders bottoming pattern,” says Tony Sycamore, APAC Market Analyst at StoneX (NASDAQ: SNEX) Retail Division, City Index.

[서울신문] 진짜 아디OO 옷 아니에요?… 발에 차이는 짝퉁 에 우는 동심

[서울신문] 진짜 아디OO 옷 아니에요?… 발에 차이는 짝퉁 에 우는 동심
seoul.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seoul.co.kr Daily Mail and Mail on Sunday newspapers.

Insurance Brokerage Market to Reach $395 04 Billion, Globally, By 2027 at 7 3% CAGR: Allied Market Research

Insurance Brokerage Market to Reach $395 04 Billion, Globally, By 2027 at 7 3% CAGR: Allied Market Research
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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