Borders Group, Inc. (NYSE:BGP) is starting a new program that will have the bookseller matching prices if shoppers find in-store items selling for less at a local rival.
The move comes as Borders tries to ward off increasing competition from online competitors and discounters as it heads into the holiday season. The action may drive cost-conscious shoppers into Borders stores, as the uncertain economy has kept most consumers focused on price as they hunt for holiday gifts.
Borders is also hoping shoppers will be drawn to its in-stock promise, a program that ships items to customer’s homes for free if they are unable to find the books they’re looking for in a Borders store or on its website.
Borders Group, Inc., through its subsidiaries, engages in the operation of book, music, and movie superstores, as well as mall-based bookstores.
Advanced Energy Industries, Inc. (NASDAQ:AEIS) reported financial results for the third quarter ended September 30, 2010.
Total sales for the third quarter were $141.0 million, another record for AEIS, with earnings of $0.40 per diluted share from continuing operations.
AEIS anticipates fourth quarter 2010 results from continuing operations, to be within the following ranges:
* Sales of $140 million to $150 million
* Gross profit of 41% to 43%
* Earnings per share of $0.36 to $0.42
Advanced Energy Industries, Inc., together with its subsidiaries, designs, manufactures, sells, and supports industrial power conversion products that transform power into various usable forms.
Symmetricom, Inc (NASDAQ:SYMM), a worldwide leader in precise time and frequency technologies, reported that it has partnered with Wintegra to deliver a cost-effective, high-performance, versatile and power-efficient reference design for customers requiring IEEE 1588 (Precision Time Protocol) compliant products.
The reference design combines SYMM’s SCi 2000 Embedded Software Clock with Wintegra’s WinPath3 platform.
This combination enables customers to implement IEEE 1588 in wireless base stations and other network elements in an affordable, portable manner without the need for dedicated silicon.
Symmetricom, Inc. supplies timing and synchronization hardware, software, and services to industry, government, utilities, research centers, and aerospace markets worldwide.
Webgistix Corp., the global leader in e-commerce order fulfillment, in partnership with 4PX, the order fulfillment leader in China, reported the new eGlobal Order (eGO) service for eBay China sellers to speed delivery to U.S. eBay (NASDAQ:EBAY) buyers.
eGO is available immediately and is fully integrated with eBay Selling Manager Pro, simplifying the order fulfillment process.
eBay Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally.
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