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  • Barclays Upgrades OfficeMax, Others Amid Cuts

    chicagotribune.com 4 weeks ago

    OfficeMax plans to prune its U.S. retail store base by 15-20 stores per yearCost cuts at Office Depot Inc., OfficeMax Inc. and RadioShack Corp. would help the U.S. retailers stabilize their liquidity amid tight competition, Barclays Capital said and upgraded the stocks to "equal weight" from "underweight".

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