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Home Depot builds strong performance in Q1
Atlanta – The Home Depot Inc. benefited from improvements in the housing market and the weather in the first quarter of fiscal 2015. Net earnings increased to $1.58 billion, up 14% from $1.38 billion in the first quarter a year ago.
The Home Depot reported sales of $20.9 billion for the first quarter of fiscal 2015, a 6.1% increase from the first quarter of fiscal 2014.
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Office Depot seeks Staples vote June 19
Boca Raton, Fla. – Office Depot is seeking a shareholder vote on its proposed $6.3 billion merger with Staples Inc. at its annual meeting on June 19. According to a statement filed with the Securities and Exchange Commission (SEC), Office Depot is requesting that shareholders approve the proposed acquisition by Staples.
In addition to approval by Office Depot shareholders, the agreement also needs to be approved by the Federal Trade Commission (FTC). With all approvals in place, the deal would finalize by the end of 2015.

