Barnes & Noble Inc (BKS) - NYSE
  • Apr. 13, 2012, 1:35 PM

    Goldman Sachs cuts its price target on Barnes & Noble (BKS -3.1%) by a buck to $14 as it takes the consensus view that the e-book settlement poses another headwind to profits.

    | Apr. 13, 2012, 1:35 PM
  • Apr. 12, 2012, 5:08 PM

    Barnes & Noble (BKS -6.4%), off sharply for the second day following the DOJ's e-book settlement with 3 publishers, is up 1.6% AH after announcing a version of its Nook Simple Touch e-reader with built-in lighting. The product is said to be "optimized for low-light conditions," and will sell for $139. Amazon (AMZN), whose Kindle Touch goes for $99, is reportedly working on a front-lit Kindle.

    | Apr. 12, 2012, 5:08 PM
  • Apr. 12, 2012, 10:40 AM

    Barnes & Noble (BKS -4%) drops again as the e-book settlement (I, II) appears likely to prompt rival Amazon (AMZN +2.1%) to cut prices to grab market share and further pressure profit margins for BKS if it gets into an e-book pricing war.

    | Apr. 12, 2012, 10:40 AM
  • Apr. 11, 2012, 3:11 PM

    The DOJ's e-book settlement with Simon & Schuster (CBS), Hachette, and HarperCollins (NWS, NWSA) requires deals with Apple (AAPL) to be terminated and renegotiated, along with other contracts that restrict an e-book retailer's ability to set final prices (e.g. their deals with AMZN and BKS). However, the settlement doesn't mandate publishers adopt a wholesale distribution model, such as the one Amazon originally used to discount e-book prices.

    | Apr. 11, 2012, 3:11 PM | 2 Comments
  • Apr. 11, 2012, 1:10 PM

    Shares of Barnes & Noble (BKS -5.2%) fall off after the DoJ settles with publishers Simon & Schuster, HarperCollins, and Hachette amid its suit against Apple over inflated e-book prices. Analysts don't see the government intervention resulting in higher margins for Barnes & Noble on physical book sales.

    | Apr. 11, 2012, 1:10 PM
  • Apr. 5, 2012, 12:17 PM

    As publishers brace for a legal settlement that could reduce the rich profit margins they generate from e-book sales, they can take heart in the latest Pew survey data. 21% of surveyed U.S. adults claim to have read an e-book, up from 17% in mid-December. That's still well below the 72% who have recently read a printed book, suggesting there's plenty of room for growth. 28% of adults say they own a tablet or e-reader. (January) (teen survey)

    | Apr. 5, 2012, 12:17 PM
  • Apr. 5, 2012, 9:27 AM

    Publishers Simon & Schuster (CBS), HarperCollins (NWS, NWSA), and Hachette are reportedly close to reaching a settlement over the price-fixing investigations launched by U.S. and E.U. authorities, one that's expected to result in retailers such as Amazon (AMZN) once more having the power to set e-book pricing. However, Apple (AAPL) and two publishers - Pearson (PSO) and Macmillan - don't appear close to settling. (also)

    | Apr. 5, 2012, 9:27 AM
  • Apr. 4, 2012, 10:07 AM

    A Piper survey of 5,600 U.S. teens finds 34% claiming to own an iPhone ... and 40% of those who don't planning to buy one in the next 6 months - an encouraging figure for Apple (AAPL), even if intent and action are different things. On the other hand, while 34% of respondents say they own a tablet, only 19% of non-owners are looking to buy one in the next 6 months. For e-readers, the figures are a mere 17% and 5%. (previously)

    | Apr. 4, 2012, 10:07 AM
  • Mar. 29, 2012, 6:48 PM
    E-book sales are surging ... especially among the young. Trade group AAP estimates U.S. sales of children and young adult e-books hit 22.6M in January, up over 5x Y/Y. Adult e-book sales rose 49% over this time to 99.5M. Publishers such as PSO, SCHL, and MHP can't complain about any cannibalization of traditional books that's occurring, not with overall trade sales rising 27% Y/Y.
    | Mar. 29, 2012, 6:48 PM
  • Mar. 29, 2012, 9:17 AM

    LG Electronics becomes the first company to start mass production of a flexible e-paper display; LG's display, which measures 6" and can bend up to 40°, is reportedly being shipped to Chinese OEMs for use in e-readers that could hit Europe in April. Though the technology is still young, expect Amazon (AMZN) and Barnes & Noble (BKS) to consider it for future Kindles and Nooks. Samsung, meanwhile, wants to build smartphones with flexible AMOLED displays. (also)

    | Mar. 29, 2012, 9:17 AM
  • Mar. 28, 2012, 4:37 PM
    Diamond Foods (DMND) has the highest short interest as a percentage of float among S&P 500 companies, Bespoke reports, with more than half of its free floating shares sold short, followed by Barnes & Noble (BKS) and KB Home (KBH), both near 50%. Other notable names on the list include First Solar (FSLR), Sears (SHLD) and JC Penney (JCP).
    | Mar. 28, 2012, 4:37 PM | 3 Comments
  • Mar. 19, 2012, 2:38 PM
    Barnes & Noble (BKS +3.1%) rallies following G Asset Management's offer to buy a 51% stake in its college bookstore business. Meanwhile, the company states at a London Nook Developers Workshop it has no plans to open stores outside of the U.S., even as it markets the Nook overseas. In January, it was reported B&N is closing in on a partnership with U.K. bookstore chain Waterstones to sell the Nook.
    | Mar. 19, 2012, 2:38 PM
  • Mar. 16, 2012, 6:16 PM
    Barnes & Noble (BKS) +1.8% AH after shareholder G Asset Management offers to buy 51% of the company's college bookstore business for $460M. The business, which B&N bought for $596M in 2009, is a cash cow, but its sales fell 3% Y/Y in the January quarter, as online competition begins to have an impact.
    | Mar. 16, 2012, 6:16 PM | 1 Comment
  • Mar. 15, 2012, 12:18 PM

    Barnes & Noble (BKS -1.9%) cuts the price of its Nook customers shopping with a MasterCard by $20 in a preemptive strike ahead of Friday's launch of the next iPad. Is it too little too late? Earlier this week, IDC's latest estimates of tablet and e-reader shipments didn't paint a pretty picture for the prospect of Barnes & Noble gaining market share.

    | Mar. 15, 2012, 12:18 PM
  • Mar. 13, 2012, 5:59 PM

    More from IDC: In spite of new competition from cheap tablets, the firm believes e-reader shipments hit 10.7M in Q4 (+65% Y/Y), spurred by price cuts and growing shipments outside of North America. The figure suggests the e-book market is well-positioned to follow up its heady 2011 growth with a strong 2012.

    | Mar. 13, 2012, 5:59 PM
  • Mar. 13, 2012, 5:58 PM

    IDC is hiking its 2012 tablet shipment forecast to 106.1M units from a prior 87.7M - a level that translates into 54% Y/Y growth. Gartner, it should be noted, is estimating 368M PCs will be shipped this year, which suggests the ratio of  PC shipments to tablet shipments may be only a little over 3:1 in 2012. IDC also estimates Amazon (AMZN) sold 4.7M Kindle Fires in Q4, good for 16.8% of the tablet market.

    | Mar. 13, 2012, 5:58 PM | 1 Comment
Company Description
Barnes & Noble, Inc. provides easy and convenient access to books, magazines, newspapers and other content across its multi-channel distribution platform. The company operates through three operating segments: B&N Retail, B&N College and NOOK. The B&N Retail segment includes the eCommerce... More
Sector: Services
Industry: Specialty Retail, Other
Country: United States