Borders Group, the bookstore known to many for its comfortable couches and variety of books and magazines, is likely to file for bankruptcy protection after seeing sales drop and earnings plummet. On Friday, the company disclosed that it no longer complies with New York Stock Exchange rules that require it to maintain a minimum average trading price of US$1 a share over 30 days. At current, Borders is trading at US$0.393 per share.
I feel sad for them should they really file for bankruptcy.
Is Borders heading for its final chapter? [via]
Subscribe to:
Post Comments (Atom)
Popular Posts
-
新加坡人口400万，亚洲人口4亿，全世界人口6亿。 但是，我一人可能就很有可能是世界最傻的了。我真是个不折不扣的大木头。真是受不了自己。
-
On 25 Mar 2008, I received a malicious email claiming to be from Singnet . That email attempts to trick someone into replying with their Sin...
-
For anyone living in or visiting Singapore, mastering the public transport system is a rite of passage. While the MRT is efficient, the exte...
-
I recently wrote a code snippet to fill arrays with a value. The below method is a generic method that will accept different data types. Hop...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.