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1 pt

Borders Earnings Call Notes

 Aug 27, 2008 04:58 PM UTC
Return Risk
-21.37% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
BGP n/a

Graphic_arrow1 Via Todd Sullivan's ValuePlays:  

I think people are missing just how good a job Borders (BGP) CEO George Jones is doing there...

Notes from the earnings call:
- In the first half of this year, cash flow from continuing operations improved by $195.7 million compared to a year ago
- SG&A dollar expenses from continuing operations were $16.7 million lower than last year and are on track with stated plan to reduce annual expenses by $120 million.
- Approximately half of the $120 million in savings is related to corporate office...



Continued at Todd Sullivan's ValuePlays






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