Seeking Alpha

Barnes & Noble Inc (BKS)

  • 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).
  • Sep. 22, 2011, 8:37 AM
    Like other sources, DigiTimes believes Amazon (AMZN) will release a 7-inch tablet in Q4. However, its sources are skeptical Amazon can meet its 2011 goal of 4M shipments, given how users seem to prefer 10-inch tablets. Though if Amazon's tablet is aimed at the Nook Color (BKS) more than the iPad (AAPL), one could see its display size being adequate.
    | Comment!
  • Sep. 21, 2011, 10:54 AM
    Barnes & Noble (BKS -1.9%) stays on the comeback trail, announcing a deal with RadioShack (RSH +0.1%) to bring Nook e-readers to the +3K RSH stores nationwide. This follows up on a move just last week to sweep up Borders Group's intellectual property out of bankruptcy.
    | Comment!
  • Sep. 16, 2011, 1:57 PM
    Shares of Barnes & Noble (BKS) post a tidy 4.4% gain after a liquidator announces the company won the intellectual property of Borders Group in a bankruptcy auction. Though details won't be released until after Sept. 20, the trade names Waldenbooks and Borders, web sites and other trademarks were some of the items up for bidding.
    | Comment!
  • Sep. 14, 2011, 1:11 PM
    More from IDC: The firm is also lifting its e-reader forecast for 2011 to 27M units from a prior 16.2M, and expects the Q4 arrival of sub-$100 models from leading vendors to boost demand. In a sharp reversal from Q1, IDC estimates Amazon (AMZN) led the market in Q2 with a 51.7% share, while Barnes & Noble (BKS) came in second with 21.2%. (previously)
    | Comment!
  • Sep. 12, 2011, 8:06 AM
    As e-reader sales from the likes of AMZN and BKS take off, many consumers are balking at the high e-book prices demanded by publishers, in spite of the higher gross margins they typically deliver. Nonetheless, publishing consultant Mike Shatzkin thinks the growth of self-publishing efforts will create price pressure over the long haul.
    | 1 Comment
  • Sep. 9, 2011, 1:09 PM
    A Taiwanese research institute estimates global e-reader shipments will grow 183% in 2011 to 34.8M units, and by another 46% in 2012 to over 50M units. E-reader demand has remained strong thanks in large part to the ability of AMZN, BKS, and other vendors to hit price points well below those of the iPad (AAPL) and other high-end tablets.
    | Comment!
  • Sep. 6, 2011, 8:40 AM
    Pascal-Emmanuel Gobry thinks Amazon's (AMZN) new tablet will be a "blockbuster," given demand for cheaper tablets, and Amazon's brand, retail reach, and media ecosystem. Though with a 7-inch display, it could be less of a challenger to the 9.7-inch iPad (AAPL) than to the Android-based Nook Color (BKS), which has become a major rival to Amazon's Kindle.
    | Comment!
  • Sep. 2, 2011, 1:43 PM
    DigiTimes' sources claim Barnes & Noble (BKS) will be releasing a new Nook Color this month; like the current version, it's expected to have a 7-inch touchscreen. The Nook Color made headlines earlier this year when IDC reported the device helped Barnes & Noble displace Amazon (AMZN) as the top-selling e-reader vendor in Q1.
    | Comment!
  • Aug. 31, 2011, 3:39 PM
    The latest Kindle (AMZN +1.8%) killer - this time from Sony (SNE -0.5%) - is light, easy-to-navigate and feature-rich, says a TechCrunch review. But will it unseat Amazon and Barnes and Noble's (BKS +1.8%) stranglehold on e-readers? Probably not, but the upgrade in design and form will keep the market percolating with innovation.
    | 1 Comment
  • Aug. 30, 2011, 10:11 AM
    Barnes & Noble (BKS) is up 17.5% after reporting FQ1 revenue of $1.42B (+2% Y/Y) and EPS of -$0.94; the former beat consensus by $20M, while the latter was in-line. NOOK-related sales rose 140% Y/Y to $277M. The company expects FY12 revenue of $7.4B and EPS of -$0.10 to -$0.50, compared with a consensus of $7.38B and -$0.17.
    | Comment!
  • Aug. 19, 2011, 1:18 PM
    Shares of Barnes & Noble (BKS -15.7%) crater on 3x normal trading volume after last night's announcement that Liberty Media (LCAPA -1.4%) will take a stake in the embattled bookseller's preferred stock.
    | Comment!
  • Aug. 18, 2011, 4:56 PM
    Barnes & Noble (BKS) says Liberty Media (LCAPA) has agreed to buy $204M in preferred stock of the book retailer, which works out to a 16.6% stake. Liberty Media's investment is "a strong endorsement of our overall business," BKS chairman Leonard Riggio says, but he had been hoping for something bigger.
    | Comment!
  • Aug. 17, 2011, 3:35 PM
    Liberty Media (LCAPA -0.4%) is still in talks with Barnes & Noble (BKS -9.8%), but financing constraints reportedly might lead to a share investment instead of whole-company acquisition. No other retailer is believed to be looking at an offer for Barnes & Noble, which puts Liberty Media in the catbird seat.
    | Comment!
  • Aug. 4, 2011, 9:16 AM
    Following yesterday's New York Post report, Barclays' Alan Rifkin considers it unlikely that Barnes & Noble (BKS) will be acquired by Liberty Media (LCAPA). In the absence of a deal, Rifkin thinks the negative impact of a "competitive e-commerce environment" and "a push toward lower margin e-readers" could drive BKS shares down to $14.
    | Comment!
  • Aug. 3, 2011, 11:16 AM
    Talks may have broken down between Barnes & Noble (BKS -5%) Chairman Leonard Riggio and media mogul John Malone (LCAPA -1.8%) over the possible sale of Riggio's 70% stake in the bookseller. The two appear to be at odds on how to value the Nook e-reader, in which Barnes & Noble has already invested heavily.
    | Comment!
Visit Seeking Alpha's
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.