Barnes & Noble: We're Sticking With Nook
Barnes and Noble (BKS) insisted this morning that it's sticking with its troubled Nook tablet despite falling sales that are hurting its bottom line.
Barnes and Noble earnings
Wall Street Watch this Week: PC Makers to Parade Paltry Profits
Computer users are starting to think outside of the box, and that's bad news for Dell and Hewlett-Packard. The two PC giants will be reporting this week -- Dell on Tuesday and HP on Wednesday -- but investors aren't holding out for much.
Barnes & Noble's Week: A Disappointment With a Sequel
It's been a rough few days for Barnes & Noble. First the rumors of a big announcement around Microsoft's partnership with the Nook were dashed Monday, and then we received at Tuesday morning's painful quarterly report.
What to Watch This Week: Tablets, Teslas, Books and Bedding
Here are a few things that will shape the week ahead on Wall Street: Microsoft will show off Windows 8 tablets; Tesla's hot Model S will reach buyers; Cricket gets the iPhone; Barnes & Noble opens its books; and Bed Bath & Beyond turns back the covers on earnings.
Ignore Barnes and Noble's Pop, Buy Amazon
Shares of the Barnes and Noble rose nearly 15% last week, after the bookseller posted healthy growth for its Nook e-reader. But the quarter itself was a mess: The company posted a steep loss, and non-digital sales fell by 11%. If only there were a company with a stronger e-book business that could run an online store profitably...
What to Watch Next Week on Wall St.
Netflix's massively controversial rate hike will finally go into effect, and new waves of earnings will wash ashore, including fashion brands, retail outlets, Barnes and Noble, and a curious company whose fortune might well represent the health of the gaming industry.
As Borders Moves to the Brink, Barnes & Noble Has a Happy Holiday
Barnes & Noble had its best holiday season in over a decade with store sales up 9.7% over last year, and online sales soaring a whopping 67%.
Barnes & Noble's Earnings Rise, but Profits Fall
It has been a tumultuous year for Barnes & Noble, the country's largest bookseller, and its quarterly earnings report reflects that. Total sales for the quarter were $1.9 billion, a bit less of a gain than analysts had predicted, while earnings were a net loss of $12.6 million, also worse than expected.
Earnings Report: With Proxy Fight Looming, Losses Mount for Barnes & Noble
Barnes & Noble reports a consolidated net loss of $63 million, or $1.12 per share. That's considerably more than the loss estimated by investors. Meanwhile, a battle with a major shareholder intensifies.