Borders Books & Music

News & Analysis

borders books & music and todd sullivan - All News and Analysis

• Is Borders Cutting Inventory Too Much?

  Seeking Alpha - 2009-04-04

  Todd Sullivan submits: I've been reading a lot of comments on Borders' BGP recent quarter. The general theme is that Borders is cutting inventory too much, can't cut it anymore, and in doing either is risking not carrying titles people want. by Todd Sullivan

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Borders Turnaround Is Happening Despite Downturn

  Seeking Alpha - 2009-04-02

  Todd Sullivan submits: Borders BGP filed its 8-K for Q4. Highlights: • On a full-year basis, cash flow from operations improved by $128.6 million at year-end as SG&A expenses were reduced by $96.5 million and inventory was reduced by $326.8 million. by Todd Sullivan

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Borders Avoids NYSE Delisting by Splitting Stock

  Seeking Alpha - 2009-03-16

  Todd Sullivan submits: This only is an attempt to get Borders BGP share price over $1 to avoid delisting on NYSE. Mlive reports: by Todd Sullivan

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Borders Changes Around Management, Wants an Aggressive Turnaround

  Seeking Alpha - 2009-01-05

  Todd Sullivan submits: Ron Marshall has the experience, that cannot be argued. What I have not found yet are the ties to Bill Ackman and Pershing. This must be the reason for the delay in the Pershing financing agreement. Borders Group BGP today Monday announced several...

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Borders Alternate Model Makes Sense

  Seeking Alpha - 2008-12-17

  Todd Sullivan submits: The WSJ Reports Borders Group Inc. has agreed to accept books from HarperStudio on a nonreturnable basis, departing from a decades-old publishing tradition. Under the terms of the deal, the nation's second-largest bookstore chain by revenue will get a deeper discount on initial orders...

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Borders: CEO Jones Not Responsible for Sins of the Previous Management

  Seeking Alpha - 2008-12-02

  Todd Sullivan submits: I have respect for Jeff Matthews and link to his stuff often, but this time, he misses... Matthews writes: The poster child of poor capital management might just be Borders Group. BGP Borders, which runs one of our favorite book stores...

  Tags: Retail, Todd Sullivan, Borders Books & Music

• Initial Thoughts on Borders Q3 Results

  Seeking Alpha - 2008-11-26

  Todd Sullivan submits: Borders Press Release First and foremost, the number one problem at Borders BGP is its debt. That is falling and has been doing so steadily since the beginning of the year. Second was cash flow / expenses, and those are also going in the right direction....

  Tags: Retail, Todd Sullivan, Borders Books & Music