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News Breaks | | | | October 29, 2012 | | 07:05 EDT |  | BKS | Barnes & Noble Partners with Asda to offer award-winning NOOK products
NOOK Media LLC, a subsidiary of Barnes & Noble, announced a partnership with one of the UK’s largest supermarket chains, Asda. Through the partnership, the award-winning NOOK reading experience and digital products will be available as the exclusive Reader in over 300 Asda stores across the UK and online from Asda Direct. Asda will feature the NOOK portfolio of products, including the award-winning NOOK Simple Touch and NOOK Simple Touch GlowLight, which are available to pre-order online from today, and to experience first-hand in-store from late October. The NOOK Simple Touch is the easiest-to-use Reader with the world’s best, most paper-like reading screen, and the NOOK Simple Touch GlowLight adds an evenly distributed and adjustable light that is perfect for reading in the dark. Both lightweight devices feature built-in access via Wi-Fi to Barnes & Noble’s digital catalogue of more than 2.5M digital titles, including top-selling UK books, newspapers and magazines. | |
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News For BKS From The Last 14 Days Check below for free stories on BKS the last two weeks. |
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| May 20, 2013 | | 08:51 EDT |  | BKS | Barnes & Noble to add browser, email to low-cost e-readers, TechCrunch says
 Subscribe for More Information | | | 08:40 EDT | | BKS | Barnes & Noble could rise above $30 a share, Barron's says
Barnes & Noble (BKS) shares are up about 15% since TechCrunch said Microsoft (MSFT) may pay $1B for its Nook e-reader business but the stock may have another 50% upside to $30 per share based on Barnes & Noble's asset value, contended Barron's in a report this weekend. Barron's, however, called the situation "admittedly tough to assess" because neither Microsoft nor B&N will comment on the purchase rumor. The Fly notes Barnes & Noble shares are up 4% to $20.80 in pre-market trading. Reference Link | | | May 14, 2013 | | 12:47 EDT |  | BKS | Options with increasing implied volatility: FMCN FIO SVU BKS
Subscribe for More Information | | | 08:37 EDT | | BKS | Barnes & Noble launches enhanced NOOK apps for iPad, iPhone
Subscribe for More Information | | | May 13, 2013 | | 16:25 EDT |  | BKS | On The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77. | | | 14:32 EDT | | BKS | Barnes & Noble volatility spikes on sharp pullback after blog report
Subscribe for More Information | | | 14:24 EDT | | BKS | Barnes & Noble tumbles after blog pans potential Nook deal
Shares of Barnes & Noble (BKS) are sinking after website Insider Monkey stated that Microsoft (MSFT) doesn't plan to buy the book retailer's NOOK Media unit in the near future. Last Thursday another website, TechCrunch, reported that Microsoft was considering acquiring NOOK Media, which includes NOOK devices and other digital businesses, for $1B. WHAT'S NEW: "Nothing imminent is happening" between Microsoft and NOOK, Insider Monkey quoted a "highly placed source" at Microsoft as saying. TechCrunch's story was "only a rumor," the unnamed source added, according to Insider Monkey. WHAT'S NOTABLE: Microsoft has already invested $300M in NOOK Media in exchange for a stake of about 17% in the unit. The New York Times last week quoted a source as saying that the TechCrunch story was based on valid documents, but that they appeared to be at least several weeks old. The book retailer's stock surged over 20% on Thursday after TechCrunch published its story. TODAY'S PRICE ACTION: In mid-afternoon trading, Barnes & noble fell $2.90, or 12.40%, to $20.40. | | | 13:38 EDT | | BKS | Microsoft, Barnes & Noble NOOK deal unlikely, InsiderMonkey says
A report by InsiderMonkey, citing a "highly placed source inside Microsoft (MSFT)," says reports last week that Microsoft may look to acquire buy Barnes & Noble's (BKS) NOOK Media assets were only a rumor, with the source adding that "[Microsoft] has no intention of acquiring the NOOK unit." Shares of Barnes & Noble, which had been flat for the session, are now sharply lower, down $2.86, or 12.17%, to $20.45. Reference Link | | | 13:37 EDT | | BKS | Barnes & Noble falls 11% to $20.80
Subscribe for More Information | | | 11:12 EDT | | BKS | Options with increasing implied volatility: BKS FIO SOHU AGNC HNZ
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