Borders Group Implements Corporate Job Eliminations

Posted on June 5th, 2008 by Newton

ANN ARBOR, Mich., June 3, 2008-In its first quarter financial results release last week, Borders Group, Inc. (NYSE: BGP) announced that it is implementing an aggressive plan to reduce annual expenses by $120 million and expects to save half of that amount yet this fiscal year. The expense reduction is part of an overall effort [.. more ..]

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Arotech’s Armor Division Receives Over $3 Million In New Orders For Military Armored Vehicles

Posted on June 5th, 2008 by Newton

June 3, 2008 - Arotech Corporation (NasdaqGM: ARTX) announced today that its Armor Division has recently received an additional $3.0 million order for its military armored vehicles and accessories to be supplied from the MDT plants in the US and in Israel.
“We are delighted to have received additional orders for our military vehicles used for [.. more ..]

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