Seattle Times (Free subscription) | 08/27/2008
Borders Group Inc. shares soared more than 25 percent Wednesday after it posted better-than-expected earnings for the second quarter. But analysts remained leery, saying that tough competition and a weak economy continue to pose big challenges for the bookseller.
The Washington Times (Free subscription) | 08/27/2008
Borders Group Inc. shares soared more than 25 percent Wednesday after it posted better-than-expected earnings for the second quarter. But analysts remained leery, saying that tough competition and a weak economy continue to pose big challenges for the bookseller.
Examiner (Free subscription) | 08/27/2008
Bookseller Borders Group Inc. has posted a smaller loss for its fiscal second quarter compared to a year earlier, but saw store sales slow.
The Washington Times (Free subscription) | 08/27/2008
Bookseller Borders Group Inc. said Tuesday that it narrowed its losses and slashed its debt during the second quarter, but continued to see sales slow as consumers limited their discretionary spending.
The Earth Times Online Newspaper (Free subscription) | 08/27/2008
LOS ANGELES (Reuters) - Borders Group Inc , the second-largest U.S. bookseller, posted a narrower-than-expected quarterly loss on Tuesday, helped by tighter inventory and lower costs, sending shares up more than 7 percent.
Reuters (Free subscription) | 08/27/2008
LOS ANGELES (Reuters) - Borders Group Inc , the second-largest U.S. bookseller, posted a narrower-than-expected quarterly loss on Tuesday, helped by tighter inventory and lower costs, sending shares up more than 7 percent.
The Earth Times Online Newspaper (Free subscription) | 08/26/2008
LOS ANGELES (Reuters) - Borders Group Inc on Tuesday posted a narrower quarterly loss, as the second-largest U.S. bookseller was helped by lower inventory levels.
Reuters (Free subscription) | 08/26/2008
LOS ANGELES (Reuters) - Borders Group Inc on Tuesday posted a narrower quarterly loss, as the second-largest U.S. bookseller was helped by lower inventory levels.
Business Wire (Free subscription) | 07/29/2008
Research and Markets: An Essential Company Profile of Borders Group, Inc. Including SWOT Analysis, Key Industry Competitors & Business StrategyDUBLIN, Ireland--()--Research and Markets () has announced the addition of the "Premium Company Profile: Borders Group, Inc." report to their offering. Borders Group launched a new concept store featuring Destination businessesDigital centers in the US in February...
Red Orbit (Free subscription) | 06/16/2008
By JOE BEL BRUNO NEW YORK -- William Ackerman, the billionaire hedge fund manager who is a major stakeholder in Borders Group Inc., said Wednesday the bookseller should consider approaching online retailer Amazon.com Inc. about a possible acquisition.
Seeking Alpha (Free subscription) | 06/13/2008
Eric Savitz (Barron's) submits: Earlier this week , the hedge fund manager William Ackerman of Pershing Square Capital Management floated the idea that the book retailer Borders Group (BGP) should consider selling itself to Amazon.com (AMZN). That would be certainly be a good thing for Ackerman, since Pershing Square owns about 30% of Borders. He compared the concept of Amazon-owned retailer stores...
Below The Beltway (Free subscription) | 06/13/2008
A major shareholder in Borders is saying the company should approach Amazon.com about a merger: NEW YORK — William Ackerman, the billionaire hedge fund manager who is a major stakeholder in Borders Group Inc., says the bookseller should consider approaching online retailer Amazon.com Inc. about a possible acquisition. The founder of Pershing Square Capital Management said Ann [...]
John Cook's Venture Blog (Free subscription) | 06/12/2008
Billionaire hedge fund manager William Ackerman is recommending that Borders Group sell out to Amazon.com, a move that could give the Seattle online retailer a major bricks-and-mortar presence, according to BusinessWeek.
Silicon Alley Insider (Free subscription) | 06/12/2008
Borders Group (BGP) shareholder Bill Ackman told reporters that he thinks Amazon (AMZN) should buy Borders to jump start a "bricks and clicks" strategy. Ackman is obviously just trying to whip up some enthusiasm-- any enthusiasm--for his also-ran book chain (which recently put itself on the block), but the idea is worth considering. Perhaps surprisingly, we actually don't think a retail strategy for...
The Dustin Inman Society Blog (Free subscription) | 06/10/2008
Rev. Dwight GravesLetter to the Editor: Immigration activist would have us remove Statue of Liberty Marietta Daily Journal Published: 06/10/2008 DEAR EDITOR: Re: D.A. King column, “Coalition just another leftist open-borders group,” MDJ May 29 I understand that border control is important, but is Mr. King suggesting that we should remove the Statue of Liberty and [...]
