NEW YORK (Reuters) - A bankruptcy judge gave Borders Group Inc the go-ahead to sell its customer information to former rival Barnes & Noble Inc after both sides addressed concerns about...
ended July 30 and offered a full-year outlook that was in line with our forecast. Near-term disruption related to the Borders Group liquidation partially offset continued gains in the e-book and e-reader business. We expect to adjust our financial
Borders Group announced Monday afternoon that it will proceed with its liquidation plan and sell its assets to Hilco and Gordon Brothers, pending
2011) sales growth and an operating loss which were slightly ahead of our expectations. Near-term disruption surrounding Borders Group was partially offset by encouraging revenue growth in the e-book and e-reader space. We expect to adjust our financial
June 20 (Reuters) - Bankrupt bookstore chain Borders Group Inc said it will name a "stalking horse" bidder by July 1 and is looking to complete the sale of all its assets by the end of July.
see at least a few quarters of choppy results for the book retailers as the industry absorbs the impact of last month's Borders Group Chapter 11 filing and the ongoing shift to digital consumption of books and media. We still think that in order for megabooksellers
very high" from "high". We believe this is appropriate, given the ongoing liquidation and closing of more than 200 Borders Group stores, which will undoubtedly disrupt the near-term results for Barnes & Noble and other players in the bookselling industry
NEW YORK (Reuters) - Bankrupt bookseller Borders Group Inc has won some breathing room from the bankruptcy court in Manhattan to negotiate store leases.
built in a 75% cut in May), management pulled its full-year guidance, citing a "short-term impact" associated with Borders Group 's Chapter 11 filing Feb. 16. We view both steps as appropriate and necessary, but recognize that investors are quick
Borders Group BGP filed for Chapter 11 bankruptcy protection Wednesday in the U.S. Bankruptcy Court, Southern District of New York. The news