Tuesday, March 27, 2007

Borders losses money

Borders posts a 4Q loss (AP)

A Borders bookstore customer reads at a store in Washington, in this May 23, 2006 file photo. Book retailer Borders Group Inc. announced a fourth-quarter loss on Thursday, March 22, 2007 as it disclosed plans to close nearly half of its Waldenbooks stores and the possible sale of some international businesses as part of a restructuring plan. (AP Photo/Evan Vucci, file)AP - Book retailer Borders Group Inc. announced a fourth-quarter loss on Thursday as it disclosed plans to close nearly half of its Waldenbooks stores and the possible sale of most of its international businesses as part of a restructuring plan.


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