Nov 24 2008
- Borders is trading at around a dollar due to expected 3d quarter loss.
- Barnes and Noble doesn't look like its in a financial position to purchase Borders. It posted a 3d Q loss with same store sales down over 7%.
- BAMM's same store sales are down 9.9% from last year.
- September book sales were down 4.5%.
- Houghton Mifflin Harcout editors have been told to stop acquiring manuscripts .
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