Staples to buy Office Depot in $6.3 billion merger
Staples to acquire Office Depot for 11 dollars a share valuing the deal at about 6.3 billion. The merger would create a single major U.S. office supply chain and draw FTC scrutiny while targeting expanded product categories and cost synergies.
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Heartland Express posts higher earnings on lower fuel costs
Heartland Express reports 2014 net income of 84.8 million and 871.4 million in revenue as fuel costs drop and demand for truckload freight grows. Fourth quarter net income reaches 21.5 million with 203 million in revenue, up from 2013. Acquisition of Gordon Trucking expands coast to coast service.
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