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Borders Close To Repaying Ackman (BGP)
Tuesday, March 30, 2010 - 11:19am | 156Read More...Reports indicate that retailer Borders Group (NYSE: BGP) is close to arranging financing that will allow the company to repay a loan which is due on April 1. Borders (BGP) had borrowed $42.5 million from its largest investor, Pershing Square Capital Management, in 2008. Pershing Square is noted...
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Viacom (VIA) (VIA-B) 4th Quarter Profits Quadruple
Thursday, February 11, 2010 - 8:40pm | 193Read More...Viacom, Inc. (NYSE: VIA) (NYSE: VIA-B) reported on Thursday that its 4th quarter profit more than quadrupled from the same period last year when the company had many one time charges. Viacom reported that it earned $694 million, or $1.14 per share, compared with a profit of $173 million, or 28...
