This will only need to be done once! ODP has been the subject of … CompuCom Division (9% of 2019 total revenues) provides enterprise-level tech services and products to customers in the United States and Canada.The company's Board of Directors approved a reverse stock split of the company’s common stock at a ratio of 1-for-10, which came into effect on June 30, 2020. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. This action simplifies the company’s legal entity and tax structure and closely align the company’s operating assets to its respective operating channels. The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol — ODP.This newly-formed holding company was created following the completion of reorganization in June 2020. Information Providers, or gathered by Zacks Investment Research, Inc. from Visit performance for information about the performance numbers displayed above. Existing Customers. Our proposed alternatives would also create a competitor in a dynamic business environment that would greatly benefit consumers. ARTICLE TWO . The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. The ODP Corporation is a holding company which operates in the USA. The address of the Corporation’s registered office in the State of Delaware is Corporation Trust Center, 1209 Orange Street, in the City of Wilmington, County of New Castle, Delaware 19801. Twitter. Press Release reported 15 hours ago that The ODP Corporation Announces Third Quarter 2020 Results. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Visit www.zacksdata.com to get our data and content for your mobile app or website. An editor has asked for a discussion to address the redirect Kevin Moffitt. The company’s stock price has collected 16.88% of gains in the last five trading sessions. Pay your utility bill at retail locations using authorized CheckFreePay agents. The scores are based on the trading styles of Value, Growth, and Momentum. As we advance that effort, we remain focused on serving our customers and executing our business strategy. It was founded under the name Mosaic Communications Corporation on April 4, 1994, the brainchild of Jim Clark who had recruited Marc Andreessen as co-founder and Kleiner Perkins as investors. ZacksTrade and Zacks.com are separate companies. * indicates the important links in the menu. The company traded as high as $43.19 and last traded at $42.29, with a volume of 26966 shares. WorldWide Electric Corporation is a leading manufacturer of dependable electric motors, motor controls, and gear reducers as well as the exclusive master distributor of Hyundai Electric’s low-voltage motors and drives. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Founded in 1986 with the opening of our first retail store in Fort Lauderdale, Florida, we now sell to consumers and businesses of all sizes through our three business segments: North American Retail Division, Business Services Group, and International Division. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. At the end of third-quarter 2020, there were 1,244 stores under this division. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. The ODP Corporation provides business services and supplies, products, and technology solutions for small, medium, and enterprise businesses. Instantly ODP was in green as seen at the end of in last trading. USR Parent, Inc. proposed to acquire ODP for $40 per share in cash. (2) Moving forward with the process for the sale of CompuCom, which we have already initiated as a result of the strategic review of that business that we announced in November. The sector with the worst average Zacks Rank (16 out of 16) would place in the bottom 1%. The ODP Co. (NASDAQ:ODP)’s share price hit a new 52-week high during trading on Monday . The ODP Corporation (ODP) – parent company of Office Depot in North America – has announced an addition to its board of directors, but there is more to its press release than meets the eye. ODP … Research, Inc. nor its Information Providers can guarantee the accuracy, If Sycamore remains determined to propose a potential acquisition of the entire company, we call on you to expressly address the regulatory uncertainty by committing to bear the risk of potential antitrust obstacles or required remedies through a customary “hell or high water” provision. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. 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