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Stock Market & Financial Investment News

News Breaks
December 28, 2012
10:05 EDTBKS, PSOBarnes & Noble climbs after Pearson deal despite holiday sales miss
Barnes & Noble (BKS) is advancing after the company announced that its holiday sales would be lower than expected, but also said that British publishing company Pearson (PSO) would invest $89.5M in the American retailer's NOOK unit. Based on preliminary sales results during the holiday season and sales trends, Barnes & Noble expects its holiday sales results will be below expectations, while sales of the company's NOOK e-readers for its current year will not meet its previous forecast. On November 29, Barnes & Noble predicted that its losses from its NOOK unit, excluding certain items, would decrease during its current fiscal year. The retailer also previously reported that its NOOK unit sales had doubled over the four day Black Friday weekend. Meanwhile, Pearson agreed to invest $89.5M of cash in Barnes and Noble's NOOK unit, using a post-investment valuation of about $1.789B. Pearson will receive a 5% stake in the unit, Barnes & Noble added. In early trading, Barnes & Noble climbed 91c, or 6.34%, to $15.26.
News For BKS;PSO From The Last 14 Days
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July 2, 2015
08:06 EDTBKSBarnes & Noble names Ronald D. Boire CEO of retail business
Barnes & Noble (BKS) announced that Ronald D. Boire has been named CEO of the company's Retail businesss, effective September 8. Boire is currently president and CEO as well as a member of the board of directors at Sears Canada (SRSC). The company also announced that Jaime M. Carey, Chief Merchandising Officer, has been promoted to COO, effective immediately.
July 1, 2015
10:18 EDTBKSOptions with decreasing implied volatility
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June 30, 2015
10:19 EDTBKSOptions with decreasing implied volatility
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June 29, 2015
10:23 EDTBKSOptions with decreasing implied volatility
Options with decreasing implied volatility: THC CYH HCA BBBY BBRY BKS NKE OVTI ACN CTRX
07:02 EDTBKSBarnes & Noble holders to get 0.632 B&N Education shares in spin-off
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June 26, 2015
10:14 EDTBKSOptions with decreasing implied volatility
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June 25, 2015
10:33 EDTBKSBarnes & Noble says search for CEO fo retail won't hold up spin
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10:29 EDTBKSBarnes & Noble says relationship with Samsung 'excellent'
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10:26 EDTBKSBarnes & Noble sees FY16 retail comparable store sales 'approximately flat'
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10:24 EDTBKSBarnes & Noble says separation proceeding 'at full pace'
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08:33 EDTBKSBarnes & Noble sees separation complete by end of August
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08:33 EDTBKSBarnes & Noble to name CEO Huseby as Execuve Chairman of B&N Education
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08:32 EDTBKSBarnes & Noble sees FY16 retail core comparable bookstore sales up approx. 1%
For fiscal year 2016, the company expects Retail core comparable bookstore sales, which exclude sales of NOOK products, to increase approximately 1%, while College comparable store sales are also expected to increase approximately 1%. The company also expects full fiscal year EBITDA losses in the NOOK segment to decline versus the prior year.
08:31 EDTBKSBarnes & Noble reports Q4 EPS (37c), consensus (39c)
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June 24, 2015
15:27 EDTBKSBarnes & Noble July 26 straddle priced for 7.8% movement into Q4
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14:03 EDTBKSBarnes & Noble July volatility elevated into Q4 and outlook
Barnes & Noble July call option implied volatility is at 40, August is at 35, October is at 36; compared to its 52-range-week of 29 to 54, suggesting non-directional price movement into the expected release of Q4 results on June 25.

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