Cash Distributions, Partnerships, Scheduled Earnings Releases, and Grants - Research Report on Office Depot, Barnes & Noble, CST Brands, Five Below, and Finish Line
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NEW YORK, December 2, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Office Depot, Inc. (NYSE: ODP), Barnes & Noble, Inc. (NYSE: BKS), CST Brands, Inc. (NYSE: CST), Five Below, Inc. (NASDAQ: FIVE), and Finish Line Inc. (NASDAQ: FINL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Office Depot, Inc. Research Report
On November 15, 2013, Office Depot, Inc. (Office Depot), formed by the merger of Office Depot and OfficeMax, announced that it has received approximately $35 million cash distribution on November 14, 2013, related to OfficeMax's October 2004 investment in Boise Cascade Holdings, L.L.C. (BCH). According to the Company, it owns approximately 20% of the voting equity securities (Common Units) of BCH through OfficeMax. Office Depot reported that the stated $35 million cash distribution was part of a $174 million distribution that BCH made to the holders of its Common Units following a secondary offering of approximately 8 million common shares of Boise Cascade Company (BCC). The Company stated that its investment in BCH represents approximately 1.6 million common shares of BCC. The Full Research Report on Office Depot, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/e9d9_ODP
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Barnes & Noble, Inc. Research Report
On November 26, 2013, Barnes & Noble, Inc.'s (Barnes & Noble) subsidiary, NOOK Media LLC, announced that NOOK App for Kids is the only reading app on the new Samsung Galaxy Tab 3 Kids. According to the Company, the app is compliant with the U.S. Children's Online Privacy Protection Act (COPPA), and provides a safe and regulated reading and learning experience for children. Barnes & Noble stated that the current Samsung Galaxy Tab 3 Kids owners can get the NOOK App for Kids through a software update, and beginning later this year, the app will be preloaded on new Samsung Galaxy Tab 3 Kids devices. Mike Saturnia, Vice President and General Manager of NOOK Sales and Business Development, stated, "This new relationship between Barnes & Noble and Samsung highlights both companies' commitment to children's literacy and learning." Saturnia added, "By making our NOOK App for Kids available on the new Samsung Galaxy Tab 3 Kids device, we are giving parents a powerful tool to encourage their children to digitally read, discover and learn in a safe environment." The Full Research Report on Barnes & Noble, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/9b41_BKS
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CST Brands, Inc. Research Report
On November 25, 2013, CST Brands, Inc. (CST Brands) announced that it has formally entered into an agreement with Sobeys for the growth of their respective brands in the Quebec market. Under the agreement, the Company is acquiring four Sobeys locations, which are to be operated as Dépanneur du Coin, but will remain selling Shell fuel, whereas five Dépanneur du Coin stores will change their fuel brand to Shell. Christian Houle, Senior Vice-President, Canadian Retail, CST Brands, commented, "This agreement is in keeping with our plans to expand the presence of Dépanneur du Coin in Eastern Canada as a convenience goods retailer. This is a first for CST Brands, expanding our fuel offerings by broadening our brand offerings with Shell." The Company stated that the alliance is expected to be implemented in early 2014. The Full Research Report on CST Brands, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/2b19_CST
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Five Below, Inc. Research Report
On November 21, 2013, Five Below, Inc. (Five Below) announced that it will release its Q3 FY 2013 results after the market closes on Thursday, December 5, 2013. The Company also informed that it will host a conference call on the same day at 4:30 p.m. ET to discuss the results, which will be webcast live through its Investor Relations website. Five Below added that replay of the audio webcast will be available within two hours of the conclusion of the call at the same location until December 12, 2013. The Full Research Report on Five Below, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/31b8_FIVE
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Finish Line Inc. Research Report
On November 19, 2013, Finish Line Inc. (Finish Line) reported that The Finish Line Youth Foundation announced the award of $152,500 to grant recipients in Q3 2013. According to Finish Line, the 17 grants went to organizations that emphasize on youth development and an active lifestyle in 12 states. The Company reported that The Finish Line Youth Foundation is also in the middle of its annual Holiday Drive which takes place in all 658 Finish Line stores and online through December 31, 2013. Marty Posch, Executive Director of the Finish Line Youth Foundation, said, "We're proud to support so many wonderful organizations through our Holiday Drive and quarterly grants. It's rewarding to see the positive impact grants like these have on kids." The Full Research Report on Finish Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/c7c3_FINL
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