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Barnes & Noble Inc (BKS)

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  • Nov. 3, 2011, 11:23 AM
    Sierra Wireless (SWIR -11.8%) dips after its Q3 revenue misses  estimates. Profits dropped 15% Y/Y, driven by the loss of revenue from Barnes & Noble (BKS -4%) and Clearwire (CLWR -10%). Not surprisingly, the company also lowers guidance for FY11, now expecting revenue of between $145M - $150M, below Street estimates for $166M. Separately, Morgan Keegan, Raymond James and RBC all downgrade the shares on the results.
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  • Oct. 28, 2011, 5:29 PM
    Barnes & Noble (BKS +5.8%) rose today after The Digital Reader's sources confirmed the company will ship the next-gen version of its Nook Color on Nov. 7, a week before Amazon (AMZN) begins shipping the Kindle Fire. B&N shares have strongly underperformed the S&P since Amazon's September Kindle announcements.
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  • Oct. 26, 2011, 12:02 PM
    Amazon's (AMZN -11.8%) soft Q3 report (I, II) is taking a toll on rivals eBay (EBAY -2.2%), Barnes & Noble (BKS -2.2%), and (OSTK -1.7%). In B&N's case, Amazon's remarks about boosting Kindle Fire production could also be a factor. (more) (transcript)
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  • Oct. 21, 2011, 11:34 AM
    According to Strategy Analytics, Android's (GOOG) tablet share stood at 27% in Q3 - down from 31% in Q2, but up from 2.3% in Q3 '10. The iPad's (AAPL) share rose 6 points Q/Q, to 67%. Kevin C. Tofel throws cold water on the Android figure, noting devices such as the Nook Color (BKS) are counted, and end-user sales may be far lower than shipments. (also)
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  • Oct. 14, 2011, 8:27 AM
    Research firm WitsView believes wholesale tablet shipments rose 35% M/M in September, thanks to new products from Amazon (AMZN), Barnes & Noble (BKS), HTC, and Asus. While early demand for Amazon's Kindle Fire is strong, it remains to be seen whether the other products will avoid the kind of inventory gluts seen for the PlayBook (RIMM) and TouchPad (HPQ).
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  • Oct. 12, 2011, 3:31 PM
    Barnes & Noble (BKS -1.4%) yanks off its bookshelves graphic novels from DC Comics for the simple reason the publisher entered an exclusive e-book deal with Amazon (AMZN +0.6%) to sell certain titles - a move that may become a sign of the times. As more companies ponder a business plan of signing exclusives with authors - the incentive to restrict the playing field becomes even greater. Next step: Who wins the exclusive right to publish Shakespeare?
  • Oct. 7, 2011, 3:50 PM
    Barclays warns that a price war looms in the e-reader market after Amazon's rollout of four new Kindles, which means new pressure on Barnes & Noble (BKS -1.8%) as it cuts prices of its Nook line to stay competitive. While BKS has expanded the Nook's distribution, "its prospects of gaining share in the digital market are uncertain,” Barclays says.
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  • Oct. 4, 2011, 5:20 PM
    AMR and Eastman Kodak (EK) may dominate the news, but GMI points out at least 11 more big U.S.-listed names that could go bankrupt: CLWR, SPF, DYN, CYH, BKS, QUAD, DIN, CLGX, SHAW, SPWRA, VQ.
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  • Oct. 3, 2011, 9:11 AM
    Barnes & Noble (BKS) execs - heads spinning from last week's barrage of Kindle news - come up with a new distribution channel to increase sales in the e-reader market, saying the firm's Nook e-readers will now be available at Target (TGT) stores. Shares +0.6% premarket.
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  • Sep. 30, 2011, 2:18 PM
    Shares of Barnes & Noble (BKS) dip even lower, losing 4%, in a memorable week that saw Kindle-news take a hatchet to BKS' pricing and margins on its Nook e-readers. The latest word: 8GB Nook Colors selling for $149.99 on a daily deals site.
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  • Sep. 28, 2011, 5:27 PM
    Its shares clobbered thanks to Amazon's (AMZN +2.4%) Kindle fiesta (I, II, III), Barnes & Noble (BKS -6.9%) is already sending out e-mails offering the Nook Color to customers at a $25 discount. It's not far-fetched to think B&N will also be more aggressive in its pricing for upcoming Nook models than has been previously rumored.
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  • Sep. 28, 2011, 12:52 PM
    Kindle announcement aftermath: Amazon (AMZN) keeps trekking higher, now up 4.8%. Apple (AAPL) shows no ill effects, flatlining for most of the day and now poking out a 0.2% gain. Uncontrolled bleeding at Barnes & Noble (BKS), shares down 11.2% and still sinking. With the crucial holiday season coming up, can BKS recover with a new launch or inspired pricing cut?
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  • Sep. 28, 2011, 10:16 AM
    Shares of Barnes & Noble (BKS) take a punch to the gut, losing 8.3% after Amazon's (AMZN +1.1%) Kindle Fire launches. The rumor mill churns out chatter that the company will launch a new e-reader next quarter at a price point of $349...a 75% premium to the new Kindle.
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  • Sep. 28, 2011, 10:15 AM
    In addition to the Kindle Fire, Amazon (AMZN +3.1%) will be rolling out a version of its traditional Kindle e-reader for a mere $79, according to Bloomberg BusinessWeek. Currently, the cheapest Kindle sells for $114 (ad-supported), and the cheapest Barnes & Noble (BKS -7.3%) Nook sells for $139.
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  • Sep. 28, 2011, 10:05 AM (AMZN +3.3%) unveils its much-anticipated tablet. Called the Kindle Fire (as previously reported), the device will feature a 7-inch display and cost only $199, $50 less than the Nook Color (BKS -6.3%) and $300 less than the cheapest iPad (AAPL +0.5%). The tablet will run on Android (GOOG), but nonetheless act like a "souped-up Kindle."
  • Sep. 26, 2011, 4:41 PM
    MG Siegler, who earlier provided the first hard details about Amazon's (AMZN) tablet, claims the device will be called the Kindle Fire, look similar to Research In Motion's (RIMM) PlayBook, and feature a dual-core TI (TXN) OMAP CPU. Siegler's latest claims make it further look as if the tablet will be aimed at the Nook Color (BKS) more than the iPad (AAPL).
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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.