|Bid||0.00 x 34100|
|Ask||6.45 x 800|
|Day's Range||5.30 - 5.50|
|52 Week Range||4.10 - 8.41|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 6, 2018 - Sep 11, 2018|
|Forward Dividend & Yield||0.60 (11.43%)|
|1y Target Est||5.50|
Barnes & Noble, Inc. (BKS), the world’s largest retail bookseller, today announced the launch of its first-ever “Summer Game Night” series at stores nationwide, featuring popular games from Barnes & Noble’s leading selection of board games. Summer Game Night is a great way to have a free, fun night out, starting July 19 and taking place every Thursday at 7 PM for six weeks. “Barnes & Noble is already a destination where people enjoy quality time together, and we are so excited to be able to amp up the fun by offering this incredible Summer Game Night series,” said Kathleen Campisano, Vice President, GMM Toys & Games at Barnes & Noble.
Barnes & Noble, Inc. (BKS), the world’s largest retail bookseller, today announced that all of its stores nationwide, as well as BN.com, have a complete assortment of the back-to-school items students and parents need for the school year, from books to study guides to brand-name backpacks and notebooks. “This year, Barnes & Noble is the premier one-stop shopping destination for back-to-school shoppers,” said Tim Mantel, Chief Merchandising Officer. Barnes & Noble has all of the books, dictionaries, and test prep material students need to get back to school.
Companies in all sectors are trying to jump on the demise of Toys “R” Us, the 60-year-old retail giant that recently closed the last of its doors after filing for Chapter 11 bankruptcy last year. Amazon is coming out with a printed toy catalog for the holidays, to be mailed and handed out at Whole Foods, the grocery store chain the company bought last year, Bloomberg reported, citing unnamed sources. Party City will open 50 toy pop-up shops, called “Toy City,” which will be in select locations starting in September and run through the holiday season.
Vinyl Weekend at All Stores Will Feature Exclusive Vinyl Albums, Discounts and Offers, with a Special Focus on Broadway Soundtracks
Twenty-one years after it went public, a share of Amazon stock costs 70 times more than the company's estimated per-share future earnings. Which makes Amazon something few analysts ever believed it could become: a value stock, fetching a modest price considering the company’s opportunities for growth. To understand why Amazon remains a bargain means acknowledging the commitment to create efficiency for consumers by spending more money on more works in progress than anyone.
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Barnes & Noble, Inc. breached their fiduciary duties to shareholders.
used the quieter trading day to unexpectedly announce the termination of its CEO, Demos Parneros. Interestingly, the company's statement didn't explain the reason why Parneros was being terminated, other than to say that the action did not involve any breach of "financial reporting, policies or practices or any potential fraud relating thereto" and came on advisement of its law firm. This news is both surprising and ominous, and while we don't know exactly what happened, and we may never know, it doesn't change the fact that it has been a tough slog for Barnes & Noble over the past few years as consumers shift from traditional books to digital ones as part of an overall trend of an increased digital lifestyle.
According to Barnes & Noble, Demos Parneros was fired from the company for violating its policies. The firing of Demos Parneros comes with some extra string for the former Barnes & Noble CEO. Barnes & Noble notes that it took this action against its former CEO at the advice of law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP.
Among the companies with shares expected to trade actively in Thursday's session are Boeing, Micron Technology, Dell Technologies, Facebook and Barnes & Noble.
Embraer EMBR-BR – Embraer and Boeing BA have announced a new joint venture which will create a separate company focusing on commercial aviation. Boeing will own 80 percent of the new company, Embraer 20 percent, with the venture having a total value of $4.
Barnes & Noble Inc.’s sudden firing of its chief executive officer after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.com Inc. The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, said Neil Saunders, a GlobalData Retail analyst. “And in this kind of environment that’s really fast-paced from all the new competition, you can’t really afford to stand still for very long,” Saunders said.
Barnes & Noble Inc. has fired Chief Executive Demos Parneros, citing company policy violations. The bookseller said Tuesday that Mr. Parneros won’t receive any severance pay and that he is no longer a board member. Barnes & Noble didn’t disclose what rules Mr. Parneros may have violated, but said the decision wasn’t tied to any disagreement over financial reporting or any potential fraud.
Wall Street is growing worried about Trump's trade war. three-month earnings revision ratio (ERR) fell for the fourth straight month in June to 1.37 from 1.52, according to Bank of America Merrill Lynch. In February, the ERR was a record 2.64 as Wall Street priced in profit boosts from the Trump administration's tax reform plan.
Barnes & Noble said Parneros will not receive any severance payment and he is no longer a member of the board. The company said it would begin search for a new chief executive, and a leadership group would share the responsibilities of the CEO till a suitable candidate is found.
said late Wednesday it had terminated its CEO, Demos Parneros, for unspecified violations of the company's policies. Barnes and Noble, which operates 630 stores, has suffered nine consecutive quarters of same-store sales declines. The company was an activist shareholder target last year.
"Parneros' termination is not due to any disagreement with the company regarding its financial reporting, policies or practices or any potential fraud relating thereto," the company said. Barnes & Noble said Parneros will not receive any severance payment and he is no longer a member of the board. The company said it would begin search for a new chief executive, and a leadership group would share the responsibilities of the CEO till a suitable candidate is found.
Barnes & Noble Inc. has fired Chief Executive Demos Parneros for policy violations. The company says he was removed as a board member and will not receive a severance package, according to The Wall Street Journal. A leadership group is taking over Parneros’s duties while they search for a new CEO, per Bloomberg.
Barnes & Noble (BKS) this evening announced, several hours after the close of the abbreviated pre-holiday trading session, that its board of directors has terminated Chief Executive Demos Parneros, just a little over a year after he took the top spot, because of what it said were "violations of the Company’s policies,” without elaborating. B&N said the termination was not a result of “any disagreement” between Parneros and B&N regarding financial reporting or “policies or practice." Barnes reiterated its outlook for Ebitda this year fiscal year of $175 million to $200 million. My colleague Brett Arends in May wrote of B&N’s ongoing struggles, and how of the call to arms of its fans, “Save Barnes & Noble!” fell on deaf ears on Wall Street.
Just a little more than a year into the job, Barnes & Noble (B&N) CEO Demos Parneros has been fired. A press release said Parneros was fired without severance “for violations of the Company’s policies.” The company declined to comment more specifically on its reasons for letting Parneros go, other than to say the violations…
Barnes & Noble Inc. is terminating CEO Demos Parneros after barely a year on the job for violating company policies. The New York bookseller said Tuesday Parneros' termination has nothing to do with financial ...