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Bookseller Borders Group Inc. said Tuesday it signed a deal with Verizon Communications Inc. to provide free WiFi service in "virtually all" of its more than 500 stores around the country.
Bookseller Borders Group Inc. reported Tuesday that its loss widened significantly in its fiscal first quarter due to continued weak sales and more than $70 million in after-tax charges. But results still beat Wall Street expectations, sending shares up 11 percent in aftermarket trading.
Borders Group Inc. on Tuesday reported a widening loss for the third quarter and said it is no longer for sale. Its stock plummeted more than 50 percent in after-hours trading.
Bookseller Borders Group Inc. said Tuesday that it narrowed its losses and slashed its debt during the second quarter, but continued to see sales slow as consumers limited their discretionary spending.
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