A2: Business

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The Wall Street Journal reports that shares of Borders Group fell in anticipation of Tuesday’s earnings report, when the Ann Arbor firm is expected to post a loss. “Borders in March surprised publishers and investors by disclosing a possible cash crunch and putting itself up for sale. Borders has since sold off most of its foreign assets and reduced its debt, which totaled $465.7 million at the end of the second quarter ended Aug. 2, according to a Securities and Exchange Commission filing.” [Source]