ODP Corp. (ODP) News
Filter ODP News Items
ODP News Results
| Date | Symbol | Company | Title | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
ODP News Highlights
- ODP's 30 day story count now stands at 6.
- Over the past 5 days, the trend for ODP's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- CEI and DEC are the most mentioned tickers in articles about ODP.
Latest ODP News From Around the Web
Below are the latest news stories about ODP CORP that investors may wish to consider to help them evaluate ODP as an investment opportunity.
The ODP Corporation Comments on AREX Capital LetterBOCA RATON, Fla., December 19, 2023--The ODP Corporation (NASDAQ:ODP) ("the Company"), a leading provider of products, services and technology solutions to businesses and consumers, noted the open letter sent to the Company by AREX Capital Management on December 18, 2023, and issued the following statement in response: |
Should You Think About Buying The ODP Corporation (NASDAQ:ODP) Now?The ODP Corporation ( NASDAQ:ODP ), is not the largest company out there, but it saw a significant share price rise of... |
UPDATE 1--AREX Capital urges Office Depot owner ODP to split off unitsAREX Capital is urging office supply company ODP Corp. to separate its brick and mortar retail unit and sell its procurement platform Varis, arguing that splitting apart the company's businesses would boost its share price by at least 50%. The hedge fund, which owns roughly 1% of ODP, praised the company's ODP Business Solutions group which sells everything from printer paper to janitorial supplies to businesses and its Veyer service delivery unit for delivering steady growth. Its retail office supply unit, which operates Office Depot and OfficeMax, and the Varis division, however, are hurting prospects for the company currently valued at $2 billion, AREX wrote to the board. |
AREX Capital Issues Letter to Board of Directors of The ODP CorporationJames Corcoran Signature N/A Andrew Rechtschaffen Signature N/A ODP Potential Upside from the AREX Plan ODP Potential Upside from the AREX Plan Believes Structural Change is Necessary to Unlock Significant Shareholder Value Seeks Relaunch of Office Depot Separation Process and Sale of Varis NEW YORK, Dec. 18, 2023 (GLOBE NEWSWIRE) -- AREX Capital Management, LP, together with its affiliates, a long-term shareholder of The ODP Corporation (NYSE: ODP) (the “Company”), today issued an open letter t |
AREX Capital urges Office Depot owner ODP to split off unitsAREX Capital is urging office supply company ODP Corp. to separate its brick and mortar retail unit and sell its procurement platform Varis, arguing that splitting apart the company's businesses would boost its share price by at least 50%. The hedge fund, which owns roughly 1% of ODP, praised the company's ODP Business Solutions group which sells everything from printer paper to janitorial supplies to businesses and its Veyer service delivery unit for delivering steady growth. Its retail office supply unit, which operates Office Depot and OfficeMax, and the Varis division, however, are hurting prospects for the company currently valued at $2 billion, AREX wrote to the board. |
The ODP Corporation Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index for Twelfth Consecutive YearBOCA RATON, Fla., December 14, 2023--The ODP Corporation (NASDAQ:ODP), a leading provider of products, services and technology solutions to businesses and consumers, today announced that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ODP Corporation joins the ranks of 545 major U.S. businesses tha |
The ODP Corporation to Present at the Noble Capital Markets’ Nineteenth Annual Emerging Growth Equity Conference Monday, December 4th, 2023BOCA RATON, Fla., November 29, 2023--The ODP Corporation to Present at the Noble Capital Markets’ Nineteenth Annual Emerging Growth Equity Conference Monday, December 4th, 2023 |
ODP's (NASDAQ:ODP) investors will be pleased with their favorable 67% return over the last three yearsBy buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at... |
Get Great Deals Now: Office Depot’s Black Friday, Cyber Monday and Same Day Delivery Offerings Are Here for the HolidaysBOCA RATON, Fla., November 21, 2023--The Best Black Friday Deals from Office Depot OfficeMax |
The ODP Corporation Achieves Validation of Science-Based Emission Reduction TargetsBOCA RATON, Fla., November 16, 2023--The ODP Corporation is proud to announce that it has successfully earned validation from the Science Based Targets initiative (SBTi) of its science-based targets for scope 1, scope 2, and scope 3 greenhouse gas (GHG) emissions. This significant milestone demonstrates The ODP Corporation’s commitment to environmental sustainability and aligns with its ongoing efforts to combat the effects of climate change. |