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Article: A Look into Borders Group, Inc.
- Article from:
- M2 Presswire
- Article date:
- January 18, 2008
CopyrightCOPYRIGHT 2008 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-18 January 2008-Market Review: A Look into Borders Group, Inc.(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:18012008
Thursday opened with a steeper than expected plunge in housing starts and building permits for the month of December. This resulted in a full-year decline in home construction that was the sharpest drop in over 27 years. This coupled with the nation's largest brokerage Merrill Lynch taking a $14.6 billion in write downs on subprime mortgages and on hedges with financial guarantors. With the mortgage meltdown occurring in most cities around the nationnow rents are flattening out in many of the markets worst hit by that housing ...
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Article: Borders Group Announces Review of Strategic ...
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March 20, 2008 ;
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... ... announced that Borders Group has received ... commitment from Pershing Square Capital Management ... commitment, Pershing Square has made a ... environment," said Borders Group Chief Executive ... shareholder, Pershing Square, which has ...
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