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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:32 EDTBKSBarnes & Noble reports Q3 EPS 86c, consensus 61c
Reports Q3 revenue $2B, consensus $2.01B. During the quarter, the company recorded an additional valuation allowance against certain deferred tax assets as a result of decisions made regarding the company’s future device strategy in international markets. The impact of this item on third quarter net income was $44M.
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July 10, 2014
06:56 EDTBKSBarnes & Noble promises nursing-friendly stores, Reuters says
Barnes & Noble promised to make its locations friendly to nursing mothers as part of a settlement with New York State after a woman who was breastfeeding was asked to cover herself or leave one of its stores, according to Reuters, citing comments from a representative for the bookseller. The company plans to donate $10K to Rockland County’s Breastfeeding Promotion and Support Program in response to the situation. Reference Link

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