Two Executives At Borders Group Resign (BGP)

Two executives resigned from Borders Group BGP: the CIO (Chief Information Officer) and General Counsel member. Borders has recently come under pressure as it has delayed payments to vendors and faces large same-store-sales underperformance in recent quarters. At last check shares were trading at $0.85 with a large spread in post-market trading, after losing 5.6% in intraday trading.