Nov 24 · 11:48:00 AM · Source: Company Press Release

Barnes & Noble reported a second quarter net loss was $24.0 million, or $0.43 per share. Included in the net loss were one-time transaction expenses of $0.13 per share associated with the Barnes & Noble College Bookstore acquisition.

The company is lowering its full year earnings per share forecast to be in a range of $0.33 to $0.63, from its previous forecast of $0.59 to $0.89.

Additionally, the company also announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share payable on December 31, 2009, to stockholders of record on December 10, 2009.

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by Rich Pike

Oct 26 · 11:03:00 AM · Source: Interactive Investor

Shares of Barnes & Noble Inc fell on Friday, dropping after Goldman Sachs downgraded the stock to "sell" from "neutral." The firm wrote that the bookseller's move into electronic books could weigh on its profits.

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by Rich Pike