Staples Misses
Posted on August 15, 2012 at 14:07 PM EDT
Second quarter earnings fell for Staples Inc. (Nasdaq: SPLS) to 18 cents per share from 25 cents per share in the year ago period to miss analyst expectations prompting the office supplies retailer to cut its outlook for the year. The stock price plunged $2.15 to $11.31.
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