Borders Files, with Added Info on Cash Shortage London happenings notwithstanding, the top story on our running radar has been the perilous position of Borders. Yesterday the company lifted the veil slightly on their finances in filing their delayed 10-k, the long version of a company’s annual statistics filed with the SEC. The short take is that Wall Street has knocked the stock down about another 6 percent in today’s trading, though markets are still open. The filing is long roster of financial fine print, but in broad strokes it paints a fuller picture of a company that’s steadily running […]
