Barnes & Noble Inc (BKS.N)
|Market Cap (Mil.):||$980.90|
|Shares Outstanding (Mil.):||59.85|
- Barnes & Noble Inc , the largest U.S. bookstore chain, reported an 8 percent drop in quarterly revenue as sales fell across all its businesses, including its stores and Nook e-readers and e-books.
(Adds details from executives interviews, conference call)
October 23 - Fall is book fair season at schools across the United States, and despite changes in children's reading habits, the fundraising needs of parent organizations and the business of publishing, little has changed over the years.
Aug 26 - Barnes & Noble Inc's retail group head Mitchell Klipper sold about two-thirds of his shares in the beleaguered retailer in the past few days, according to a filing with the Securities and Exchange Commission.
Aug 20 - The following bids, mergers, acquisitions and disposals were reported by 8:00 p.m. GMT on Tuesday:
- Barnes & Noble Inc's founder and largest shareholder on Tuesday suspended his plan to buy the bookseller's stores, dashing investor hopes for a deal as the company again reported poor quarterly results.
* Riggio backs off February plan to buy chain's bookstores
REUTERS - Barnes & Noble Inc's founder on Tuesday pulled the plug on his plan to buy the company's bookstores and the chain posted a deeper quarterly loss, sending its shares down as much as 16 percent in early trading.
- Barnes & Noble Inc's chairman, founder and top shareholder Leonard Riggio said on Tuesday he has suspended his efforts to make an offer for the company's retail business.
Aug 20 - Barnes & Noble Inc on Tuesday reported a deeper quarterly loss as sales of its Nook device and e-books continued to plunge and as business at its bookstores declined, and its founder pulled the plug on his plan to buy its stores.