Earnings Roundup: Borders, Big Lots

Among the earnings stories for Tuesday, Aug. 25, from AP Financial News:

PORTLAND, Ore. (AP) — Borders Group Inc. reported Tuesday that it continued to lose money in its fiscal second quarter on charges and declining sales at its bookstores.

NEW YORK (AP) — Discount retailer Big Lots Inc. on Tuesday said its second-quarter profit rose 9 percent, beating analyst expectations, driven by lower expenses related to distribution, transportation, advertising and payroll.

BROOKINGS, S.D. (AP) — Daktronics Inc. reported a slightly bigger fiscal first-quarter profit than expected Tuesday but missed sales forecasts, sending shares down in morning trading.

DALLAS (AP) — Discount housewares chain Tuesday Morning Corp. said Tuesday its fiscal fourth-quarter loss narrowed, citing cash and inventory management improvements.