Los Angeles, CA - January 18, 2013 - - Office Depot Inc (NYSE: ODP) shares jumped 2.84% to $4.35. The company, on Jan. 11, announced the launch of Organize Me 2013, a new in-store and online campaign designed to provide even the most organized customers with new clutter-busting tips to organize any home or business.
Additionally, the company has developed a new store format that enhances the shopping experience and encourages customers to interact more with the Company's broad range of exciting products and services as well as its highly trained sales associates.
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Trius Therapeutics, Inc. (NASDAQ: TSRX) shares fell 8.03% to $4.81 after the company said it has priced an underwritten public offering of 6.30 million shares at a price of $4.75 per share. The gross proceeds from this offering are likely to be nearly $29.925 trillion, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Trius. The offering may close on or about January 24, 2013.
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NetSuite Inc. (NYSE: N) stock fell 3.07% to $65.64 after Goldman Sachs lowered shares of NetSuite from a conviction buy rating to a neutral rating in a research report released today. Goldman Sachs currently has $75.00 price target on the stock.
Additionally, the company announced that its financial results for the fourth quarter and fiscal year 2012 will be released after the market close on Thursday, January 31, 2013. NetSuite will host a conference call to discuss the results at 2:00 p.m. PST (5:00 p.m. EST) on the same day.
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JDS Uniphase Corp (NASDAQ: JDSU) shares dropped 2.20% to $13.31 in the early hour. The company, on Jan. 10, has promoted Rex Jackson to Chief Financial Officer, succeeding David Vellequette who stepped down from the role at the broadband-products manufacturer in August. Mr. Jackson has served as acting CFO since September. He joined the company two years ago as senior vice president of business services and previously served as CFO at Symyx Technologies from 2007 to 2010. JDS earlier said Mr. Vellequette's resignation wasn't related to a disagreement at the company.
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Anheuser-Busch InBev NV (ADR) (NYSE: BUD) shares climbed 0.43% to $89.29. U.S. antitrust regulators insist Anheuser-Busch InBev sell a Mexican bottling plant to win approval of its $20.1 billion takeover of Grupo Modelo, it could be a dealbreaker or trigger litigation. The company is not willing to sell Grupo Modelo's newest plant, near Piedras Negras, Mexico, as a concession to win approval of its pending purchase of the half of Modelo it doesn't already own. Spokeswomen for both brewers declined to comment to the news agency.
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