Breakout

Barnes & Noble burning; Sea World shares sliding; Google stock splitting

Breakout

Making the list today as measured by your Yahoo Finance ticker searches are:

Barnes & Noble (BKS): the bookseller's shares are burning, down more than 11% on news that John Malone's Liberty Media (LMCA) is selling the bulk of its stake. As part of the move Liberty will surrender two seats on the Barnes and Noble's board. CEO Leonard Riggio says Liberty's exit will give Barnes & Noble "more flexibility" in its desperate search for a sustainable business model.

Sea World (SEAS): shares are splashing down 2% after the company announced a 13% drop in park attendance for the first three months of this year. In an SEC filing Seaworld also announced it was buying 1.75 million of its own shares from private equity group Blackstone (BX). Last month Seaworld said park attendance had been unaffected by the movie 'Blackfish' and said March numbers could be hit by a calender shift in March.

Google (GOOG): the internet giant is up more than 2% today... or at least new non-voting shares of the company are. The company split it's stock and new class c non-voting shares trade under the ticker GOOG while class A shares have the ticker symbol GOOGL. Regardless of which class of shares you hold the important thing for equity investors to know is they have virtually no say in how the company is run.

More from Breakout:

Market crash ‘omens’ bode well for stocks

Corn ‘bull market’ has slow-footed traders bracing for pain

The Pain Trade: Experts watch rally from the sidelines

View Comments (54)

Recommended for You

  • Why Emergency Funds Are A Bad Idea

    Learn why taking the time to build an emergency fund is a staggeringly inefficient use of the precious and limited resource that is your money.

    Investopedia
  • The best way to sink Kobe Bryant’s new $100 million fund would be to invest in sports

    Kobe Bryant’s work ethic is legendary: he’s known for showing up three hours early to practice, sinking 400 shots in drills, and taking midnight bike rides to cross train. And for better or for worse, he’s never been afraid to take a shot. Now he’ll be looking for similar qualities in entrepreneurs…

    Quartz
  • 5 Dividend Stocks to Consider Selling Now

    Thinkstock With interest rates in the basement and likely to stay there for some time, investors have, for good reason, flocked to dividend-paying stocks. But demand has pushed up the prices of many popular ...

    Kiplinger.com
  • World's largest aircraft damaged on 2nd test flight

    LONDON (AP) — The developer of the world's largest aircraft says the blimp-shaped airship sustained damage after it made a bumpy landing Wednesday on its second test flight in eastern England.

    Associated Press
  • How EpiPen's maker raised prices, and hackles, so much

    TRENTON, N.J. (AP) — Sky-high price hikes for EpiPen, the injected emergency medicine for severe allergic reactions to foods and bug bites, have made its maker the latest target for patients and politicians infuriated by soaring drug prices.

    Associated Press
  • UK report urges social media companies to tackle extremism

    A new U.K. parliamentary report is demanding that social media companies do more to tackle sites that promote extremism. The Home Office Committee report says Google, Facebook and Twitter are leaving cyberspace ...

    Associated Press
  • Gawker’s Nick Denton Faces Hulk Hogan Objection in Bankruptcy

    Hulk Hogan helped bring down Gawker Media. Now he’s throwing a wrench into the personal bankruptcy proceedings of company founder Nick Denton.

    Bloomberg
  • Play

    Putin's plans put in perspective

    Russian president Vladimir Putin makes a key Kremlin change

    Financial Times Video
  • Lawmakers demand information on EpiPen price increase

    Members of Congress are demanding more information on why the price for lifesaving EpiPens has skyrocketed. EpiPens are injection devices used to ward off potentially fatal allergic reactions, and the price has surged in recent years. Sen. Charles Grassley, R-Iowa, wrote Mylan, the company that…

    Associated Press
  • Play

    Oil falls on API inventory build

    CNBC's Jackie DeAngelis is at the NYMEX reporting the latest in crude oil prices, and what can impact gas inventories.

    CNBC Videos
  • Pharma nerves hit global stocks, dollar wobbles before Fed gathering

    European stocks saw their biggest fall in three weeks on Thursday and currency markets were noticeably subdued as investors took to sidelines ahead of one of the big global central banker gatherings of the year. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in…

    Reuters27 mins ago
  • More U.S. retailers probing phony Egyptian cotton

    CHICAGO/NEW DELHI (Reuters) - U.S. retailer Bed Bath & Beyond on Wednesday said it ordered an external audit of textiles from Welspun India , after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for two years. This could compound the…

    Reuters
  • Jury gets case of Russian man charged with hacking

    SEATTLE (AP) — A jury is weighing whether the son of a Russian lawmaker hacked into U.S. businesses to steal credit card information and made millions selling the data to criminals.

    Associated Press
  • Uber to pull out of Macau in September: Macau media

    According to a copy of a letter uploaded onto Macau legislator Au Kam-san's official Facebook account, Uber's Asia Regional General Manager Mike Brown said the firm planned to exit the small China-ruled city, saying its drivers have been fined a total of 10 million patacas ($1.25 million) in the…

    Reuters
  • New PBOC Money-Market Tactic Has Traders Trying to Decode Signal

    China’s central bank watchers have something new to puzzle over.

    Bloomberg
  • U.S. banking regulators focused on cyber security after SWIFT attacks

    U.S. banking regulators said on Wednesday they are focused on cyber security risks and controls for U.S. financial institutions after attacks earlier this year involving the global financial network known as SWIFT. In a letter responding to questions from Representative Carolyn Maloney, a Democrat…

    Reuters
  • France denies it omitted elements in Renault emissions report

    France's Environment Ministry on Wednesday denied it had omitted key elements concerning some Renault cars in a report on vehicle pollution it commissioned following the Volkswagen emissions scandal last year. The Financial Times reported on Aug. 22 that three members of the French commission…

    Reuters