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Borders Group Inc

NEWS
November 13, 1998 | From Times Wire Services
Dell Computer Corp. said Thursday that its fiscal third-quarter profit rose 55% to $384 million, or 28 cents a share, as sales climbed 51%, somewhat less than some forecasts for the high-flying personal computer maker. Separately, Borders Group Inc., the nation's second-largest bookseller, reported a fiscal third-quarter loss that matched estimates and said it hired a new chief executive. Other retailers reported strong gains for the latest quarter. Profit at Dell, the No.
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BUSINESS
February 10, 1996 | CRAIG TURNER, TIMES STAFF WRITER
Under heavy pressure from the Canadian publishing industry, government officials have blocked the U.S. bookselling giant Borders Group Inc. from opening stores in Canada, it was disclosed Friday. Borders was to launch its Canadian affiliate later this year with a 50,000-square-foot superstore in Toronto's most exclusive shopping district. However, regulators in the Industry Ministry ruled that Borders had failed to meet Canadian ownership regulations for book retailers.
BUSINESS
October 3, 2000 | JAMES PELTZ and MICHAEL HILTZIK
Alcatel (ALA) Jim: Buy Mike: Buy * Mike: Alcatel is the second-largest French company in terms of market capitalization, Jim, and here's this week's puzzler: Can you identify any other French enterprise of such size? Jim: Uh . . . Mike: I thought not. Jim: Actually, this is the first French stock we've done, no? Mike: Well, most Americans probably don't think of the French as global industrial leaders. Jim: Let's just say it's a good thing Alcatel doesn't make cars.
BUSINESS
November 6, 2009 | Times Wire Reports
Borders Group Inc. says it will close 200 Waldenbooks stores and cut 1,500 jobs in January to make the chain smaller and more profitable. Borders, based in Ann Arbor, Mich., said the closings would leave about 130 Waldenbooks stores still in business. The company says the closures will not affect any Borders superstores or any of its mall kiosks, including 500 Day by Day Calendar Co. spots and other mall-based stores.
NEWS
May 31, 2007 | From the Associated Press
Two agentless authors will have novels out this fall after winning a contest sponsored by Simon & Schuster, Borders Group Inc. and the social media website Gather.com. Terry Shaw, 44, came in first for "The Way Life Should Be," a mystery set in coastal Maine. Only one winner was planned, but judges decided to award a publishing deal to the second-place book, 30-year-old Geoffrey Edwards' "Fire Bell in the Night," a thriller set in the antebellum South.
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