Borders Reports Widened Quarterly Loss
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The Borders Group said Tuesday that it widened its net loss in the second quarter on heavy charges despite an increase in revenue from sales of the seventh book in the Harry Potter series.
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The chip maker reported a larger-than-expected loss but showed progress in curbing its expenses and capturing a share of strong demand for personal computers.
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Pier 1 Imports Inc.  posted its seventh consecutive quarterly loss on Thursday as the home furnishings retailer spent more on advertising and cut prices to try to attract more business.
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Satellite television provider DirecTV Group Inc. said Tuesday that charges for the revaluation of certain satellites led to a sharply widened third-quarter loss.
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MedImmune Inc. widened its loss for the third quarter, hurt by lost revenue and charges from ending its partnership with Wyeth Pharmaceuticals last quarter.
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The company turned in a wider Q1 loss but is still on track for a profitable year.
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Borders Group Inc. on Tuesday revised its third-quarter outlook to a loss of 1 cent to 3 cents per share because of slumping sales. The nation's second-largest bookseller previously had forecast earnings of as much as 3 cents per share.
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Borders Group Inc. (BGP.N: Quote, Profile, Research) , the No. 2 US bookseller, on Tuesday said quarterly earnings rose, beating estimates by the company and Wall Street, largely because of stronger-than-expected book sales.
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No 2. U.S. book retailer Borders  Group Inc. BGP.N on Tuesday posted a quarterly loss versus a  year-ago profit, hurt by sluggish store traffic and a slowdown  in sales of bestsellers.
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The drug store chain Rite Aid said Thursday that its second-quarter loss widened sharply, and it warned that it expected to lose more than it had forecast for the year.
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The Motley Fool - The booksellers have been reporting earnings this week, and it seems Borders Group (NYSE: BGP - News) might face the biggest competitive challenges of them all, considering its quarterly loss widened on a year-over-year basis.
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Computer Associates International Ltd.  CA.N, a business software maker, on Wednesday posted a wider  quarterly net loss, including charges for job cuts and a $225  million payment to settle a long-running accounting probe.
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Pathmark Stores Inc. (PTMK.O: Quote, Profile, Research) , the Northeast grocery chain beset by falling sales and increased competition, on Thursday reported a wider quarterly loss
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Borders Group Inc. , the  world&#39;s second-largest bookseller, on Tuesday posted a wider  quarterly loss as sales at established stores fell.
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Jewelry retailer Zale Corp. said its loss widened to &#36;10.9 million in its third quarter despite a slight rise in revenue.
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Borders Group Inc. said Tuesday that it swung to a loss in the fiscal third quarter as fewer customers came to stores and best seller sales declined.
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Home furnishings retailer Pier 1  Imports Inc.  on Thursday posted a wider quarterly loss  as the company cut prices to try to attract more business.