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Barnes & Noble Inc (BKS)

  • Nov. 28, 2011, 10:01 AM
    Shares of Barnes & Noble (BKS) come out of the gate roaring, up 9.5%, as reports of strong Black Friday sales both online and in stores (I, II, III) pile up. Though the company announced a wide variety of Cyber Monday deals, it appears to be holding the line on the price of its flagship Nook devices.
    | Nov. 28, 2011, 10:01 AM | Comment!
  • Nov. 21, 2011, 10:51 AM
    The inventory gluts seen by Android tablet vendors this year may get even worse after the holiday season ends, according to DigiTimes's sources, as the arrival of the Kindle Fire (AMZN) and Nook Tablet (BKS) make life even more difficult for tablet vendors struggling to compete with the iPad (AAPL). NVDA and ATML are two chip suppliers who would likely take a hit from a major inventory drawdown.
    | Nov. 21, 2011, 10:51 AM | Comment!
  • Nov. 17, 2011, 2:01 PM
    Barnes & Noble (BKS +7.2%) is spiking in afternoon trading, hitting a 3-month high after Stifel upgrades shares to Buy, and sets a $25 PT. With a huge percentage of B&N's float shorted, it doesn't take much to trigger a surge.
    | Nov. 17, 2011, 2:01 PM | Comment!
  • Nov. 16, 2011, 11:46 AM
    Barnes & Noble (BKS +2.1%) moves higher on the day the first Nook Tablet units arrive on store shelves. B&N says the Nook Tablet is launching to "big order volume," though it doesn't provide any numbers.
    | Nov. 16, 2011, 11:46 AM | 1 Comment
  • Nov. 14, 2011, 1:29 PM
    Though the Kindle Fire is receiving less-than-glowing reviews, Amazon (AMZN +1.7%) is outperforming today, while Barnes & Noble (BKS -2.7%) is selling off after rallying strongly last week (I, II). An in-depth Wired interview with Jeff Bezos, in which he goes over Amazon's hardware, content, and web services strategies, could be giving bulls some encouragement.
    | Nov. 14, 2011, 1:29 PM | 1 Comment
  • Nov. 13, 2011, 8:37 AM
    While "the pricey Android" guys are likely to feel the immediate brunt of the $199 Kindle Fire (AMZN), Brooke Crothers believes the iPad (AAPL) will be vulnerable in the longer term. The impact is "as inevitable as the $999 MacBook Air," which began life in the $1,800-$3,000 range.
    | Nov. 13, 2011, 8:37 AM | 32 Comments
  • Nov. 11, 2011, 4:24 PM
    As Amazon (AMZN) gears up to ship the Kindle Fire, it can boast an early lead in available content over Barnes & Noble's (BKS) Nook Tablet. While both devices will support staples such as Netflix, Pandora, and Angry Birds, Amazon's Appstore for Android easily carries more programs than B&N's Nook Apps collection, and its 400+ newspaper/magazine titles beats B&N's 270+ titles.
    | Nov. 11, 2011, 4:24 PM | Comment!
  • Nov. 11, 2011, 12:55 PM
    Shares of Barnes & Noble (BKS) pare back earlier strong gains, now up only 2.8%, after a report tips the firm denies Liberty Media (LCAPA +2.3%) is making a play to buy the company.
    | Nov. 11, 2011, 12:55 PM | Comment!
  • Nov. 11, 2011, 12:10 PM
    Barnes & Noble (BKS +8.9%) shares soar to three-month highs on speculation that Liberty Media (LCAPA +2.5%) may buy the rest of the company. Liberty may be setting up a $1.5B credit facility to help fund a purchase of the bookstore chain, Phoenix Partners analyst Robert Routh says.
    | Nov. 11, 2011, 12:10 PM | Comment!
  • Nov. 10, 2011, 2:14 PM
    Barnes & Noble (BKS +7.6%) is rallying hard for the second straight day; shares are now up nearly 30% since the company unveiled its Nook Tablet on Tuesday. Short-covering is likely a factor (46.7% of float shorted as of Oct. 14), though it doesn't hurt that the Nook Tablet's impressive specs have calmed fears B&N would have no answer to Amazon's (AMZN) Kindle Fire. (earlier)
    | Nov. 10, 2011, 2:14 PM | Comment!
  • Nov. 10, 2011, 2:02 PM
    Some e-reader facts from a giant infographic made by RetailMeNot: the % of U.S. adults with an e-reader doubled to 28M between Nov. '10 and May '11; e-book sales accounted for 8.3% of book sales in 2010; Amazon (AMZN) sells 143 e-books for every 100 hardcovers; and 53% of e-reader owners say they read more now than 6 months ago, compared with 18% of non-owners. (IDC data)
    | Nov. 10, 2011, 2:02 PM | Comment!
  • Nov. 8, 2011, 3:31 PM
    While many Android vendors have agreed to pay Microsoft (MSFT) royalties, Barnes & Noble (BKS) is putting up a fight, urging Microsoft's old friends at the DOJ to investigate the company for "attempting to raise its rivals’ costs in order to drive out competition and to deter innovation." Google's (GOOG) Eric Schmidt appears to heartily agree. (previously)
    | Nov. 8, 2011, 3:31 PM | Comment!
  • Nov. 8, 2011, 9:59 AM
    Barnes & Noble’s (BKS +4.4%) unveiling of its Nook Tablet computer must be “instrumental in driving holiday traffic” to the retailer, Barclays' Alan Rifkin writes - critical, he says, because BKS lost $0.99/share in its July FQ1, probably lost $0.08/share last quarter, and will lose another $0.78/share in FQ4, which leaves just the January quarter to make “over 200%” of its profit.
    | Nov. 8, 2011, 9:59 AM | 1 Comment
  • Nov. 7, 2011, 10:37 AM
    Barnes & Noble (BKS +0.6%) spikes a little after officially unveiling its anticipated Nook Tablet. Spec-wise, the Nook Tablet has an edge on Amazon's (AMZN) Kindle Fire: the device is lighter, sports twice as much memory, and features a high-quality IPS LCD display. But will that be enough to offset Amazon's edge in pricing and (potentially) apps?
    | Nov. 7, 2011, 10:37 AM | 2 Comments
  • Nov. 4, 2011, 5:03 PM
    Barnes & Noble (BKS) fell 3.3% after it was learned its Nook Tablet, due on Monday, will sell for $50 more than the Kindle Fire. Investors appear critical of B&N's unwillingness to match Amazon (AMZN) on pricing, but it's hard to overlook how Amazon has deeper pockets than B&N, and more ways to offset hardware losses. Meanwhile, Amazon is reportedly prepping an 8.9-inch Kindle Fire.
    | Nov. 4, 2011, 5:03 PM | Comment!
  • Nov. 4, 2011, 6:54 AM
    Barnes & Noble's (BKS) new Nook tablet debuts Monday with a $249 price tag - marking a $50 premium over Amazon's (AMZN) much-anticipated Kindle Fire. With both devices running off of Google's Android OS and offering users similar basic features, Barnes & Noble will have to drill home to customers the faster processor and increased memory is worth the extra $50 in order to land its e-reader on holiday shopping lists.
    | Nov. 4, 2011, 6:54 AM | Comment!
Company Description
Barnes & Noble Inc is a booksellers and a content, commerce and technology company providing customers access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform.