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Barnes & Noble Inc (BKS)

  • Jan. 5, 2012, 8:59 AM
    Barnes & Noble (BKS) plunges 29.1% premarket after announcing it will explore plans to spin off its Nook digital business after its sales grew 70% Y/Y. The company also cuts its FY12 outlook: Sales are now projected at $7B-$7.2B vs. $7.33B consensus, and EPS loss is moved to $1.10-$1.40 vs. $0.63 consensus.
    | Jan. 5, 2012, 8:59 AM | 7 Comments
  • Jan. 4, 2012, 3:20 PM
    Shares of Barnes & Noble (BKS -3.3%) move off their daily lows after a report emerges saying that the firm has put Sterling Publishing up for sale.
    | Jan. 4, 2012, 3:20 PM | Comment!
  • Dec. 30, 2011, 11:37 AM
    Janney adds Barnes & Noble (BKS) and Children's Place (PLCE) to its 2012 best ideas list. BKS is "well positioned to leverage the digital transformation in the book industry" through its Nook e-reader, and steady cash flow from its college bookstores and Borders' closures will boost profits. PLCE is improving its products and customers are responding, and new leadership is driving positive changes.
    | Dec. 30, 2011, 11:37 AM | Comment!
  • Dec. 29, 2011, 10:05 AM
    Jeff Reeves considers three stocks with massive short interest he thinks could go the way of Sears (SHLD) very soon: Zagg (ZAGG), which Reeves says could be headed for a Green Mountain-style momentum crash; Barnes & Noble (BKS), expected to turn just a single quarterly profit in FY2012; and Sodastream (SODA), "a fad stock ready to hit a ceiling."
    | Dec. 29, 2011, 10:05 AM | 3 Comments
  • Dec. 20, 2011, 11:11 AM
    Michael Glickstein calls for formally splitting Barnes & Noble (BKS -2.2%) into three separate firms to create shareholder value to the tune of 800% upside potential. He sees the current configuration of the company a "blind spot" for investors, with three distinct stories - pure-play e-reader technology, secular growth in the college bookstore division, and capital cycle opportunity - being held back by sitting encompassed within the same stock.
    | Dec. 20, 2011, 11:11 AM | Comment!
  • Dec. 20, 2011, 9:43 AM
    The CEO of publishing house Simon & Schuster provides more evidence of how the Kindle (AMZN) and Nook (BKS) are upending the publishing landscape, stating e-books are expected to account for 17% of her company's 2011 revenue - up from 10% in 2010. Nate Hoffelder expects Q4's e-reader releases (I, II, III) to lead to another jump in e-book sales. (previously)
    | Dec. 20, 2011, 9:43 AM | Comment!
  • Dec. 15, 2011, 11:25 AM
    New owners of Kindles (AMZN) and Nooks (BKS) may be in for a surprise: Prices of some popular e-books have soared, in some cases above their printed equivalents. The digital price hikes result from a decision by the six biggest publishers to set their own consumer e-book prices; no such agreement exists for printed books, where retailers are free to set their own prices.
    | Dec. 15, 2011, 11:25 AM | 5 Comments
  • Dec. 2, 2011, 11:49 AM
    Barnes & Noble (BKS +10.3%) recovers much of yesterday's drubbing after Maxim Group initiates the shares with a Buy, saying that with over 5M subscribers, the Nook is turning the company into an attractive online retailer with a subscriber-driven model.
    | Dec. 2, 2011, 11:49 AM | Comment!
  • Dec. 1, 2011, 11:29 AM
    As Barnes & Noble (BKS -19.2%) crashes on account of weak FQ2 results and FY12 guidance, Best Buy provides another piece of discouraging data for the company: the Nook Tablet is only the 8th-best-selling tablet on Best Buy's site, 7 spots below the top-ranked Kindle Fire (AMZN). The iPad (AAPL) is likely the most popular tablet overall, given that over a dozen models are listed.
    | Dec. 1, 2011, 11:29 AM | Comment!
  • Dec. 1, 2011, 10:27 AM
    Shares of Barnes & Noble (BKS -12.5%) get hammered in early trading after the firm misses consensus EPS estimates badly and says it expects full-year earnings to fall in the lower end of its previously issued guidance. The company says it will increase its spend on marketing and advertising for its Nook business - cutting into margins already razor-thin with rival Amazon (AMZN +2.2%) willing to sell e-readers at a loss (I, II).
    | Dec. 1, 2011, 10:27 AM | Comment!
  • Dec. 1, 2011, 8:39 AM
    Barnes & Noble (BKS): FQ2 EPS of -$0.11 misses by $0.17. Revenue of $1.89B (-0.6% Y/Y) misses by $90M. (PR)
    | Dec. 1, 2011, 8:39 AM | Comment!
  • Dec. 1, 2011, 12:05 AM
    Notable earnings before Thursday's open: BKS, KR, LULU, TD
    | Dec. 1, 2011, 12:05 AM | Comment!
  • Nov. 29, 2011, 10:20 AM
    Cypress Semiconductor (CY +1.8%) gains after Sterne Agee (Buy) suggests the chipmaker may be a Black Friday/Cyber Monday winner. Promotions led to strong sales for 10" Acer tablets and Barnes & Noble's (BKS) Nook Color, both of which contain Cypress' controller chips.
    | Nov. 29, 2011, 10:20 AM | Comment!
  • Nov. 29, 2011, 10:07 AM
    As far as tablets go, Windows 8 (MSFT) will be "very late to the party," warns Forrester's J.P. Gownder: By the time Windows 8 tablets arrive in 2H 2012, AAPL, AMZN, BKS, and others will have already won the hearts and wallets of tens of millions of consumers and businesses. Software compatibility issues for ARM-based (ARMH) Windows 8 systems could also slow tablet adoption. (previously)
    | Nov. 29, 2011, 10:07 AM | 3 Comments
  • 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!
BKS vs. ETF Alternatives
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.