Posted by Reuters: Business News on January 5, 2012
(Reuters) – Barnes & Noble Inc cut its Nook sales forecast for this year and shocked investors by saying it was considering a sale of the electronic reader and tablet business, sending its shares down more than 20 percent.
Posted by Reuters: Business News on July 19, 2011
NEW YORK (Reuters) – Bookstore chain Barnes & Noble Inc will eventually feel a modest boost from the liquidation of its largest rival, Borders Group Inc, but still faces stiff competition and an industrywide decline in book sales, Wall Street analysts said.
Posted by Reuters: Business News on June 21, 2011
NEW YORK (Reuters) – Barnes & Noble Inc reported a deeper-than-expected quarterly loss on Tuesday as the largest U.S. bookstore chain came under pressure from the going-out-of-business sales of bankrupt rival Borders Group Inc, and its shares fell about 2 percent.
Posted by Reuters: Business News on May 19, 2011
NEW YORK (Reuters) – John Malone’s Liberty Media Corp has proposed to buy Barnes & Noble Inc for $1.02 billion, nine months after the largest U.S. bookstore chain put itself up for sale.
Posted by Reuters: Business News on February 22, 2011
NEW YORK (Reuters) – Barnes & Noble Inc suspended its dividend to preserve its shrinking cash reserves and reported disappointing holiday quarter results as its e-books strategy continued to…
Posted by Reuters: Business News on January 5, 2011
NEW YORK (Reuters) – Credit Suisse upgraded Barnes & Noble Inc shares, citing benefits the top U.S. bookstore chain could reap from the woes faced by smaller rival Borders Group Inc , which is…
Posted by Reuters: Business News on
NEW YORK (Reuters) – Credit Suisse upgraded Barnes & Noble Inc shares, citing benefits the top U.S. bookstore chain could reap from the woes faced by smaller rival Borders Group Inc , which is…
Posted by Reuters: Business News on January 4, 2011
NEW YORK (Reuters) – Barnes & Noble Inc reported strong preliminary holiday results at its superstores, led by the popularity of its Nook e-readers, and shares of the top U.S. bookseller gained…
Posted by Reuters: Business News on December 7, 2010
PHILADELPHIA/NEW YORK (Reuters)- Hedge fund manager William Ackman is raising his wager on bookseller Borders Group Inc , offering to help it buy larger rival Barnes & Noble Inc for $963.7…
Posted by Reuters: Business News on November 30, 2010
NEW YORK (Reuters) – Barnes & Noble Inc’s holiday forecast missed Wall Street expectations, sending its shares down nearly 4 percent, as book sales fall and the company invests more in its Nook…
