Borders Earnings Guidance Drops Again; Jones Takes Helm

July 2006
Book Publishing Report;7/24/2006, Vol. 31 Issue 28, p1
Trade Publication
The article reports on the low guidance earnings of Borders Group Inc. in Ann Arbor, Michigan. Some of the reasons that causes the drops of Border Earnings is indicated, including the retirement of Greg Josefowicz and the million pre-tax charged associated with his retirement. His responsibility is passed on George Jones, the new president of company. A chart of 2005-2006 earnings forecast from book retailers is presented.


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