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March 8, 1998 | J.R. MOEHRINGER, TIMES STAFF WRITER
The girl in the photograph is the archetypal kid sister. No more than 12, her body is a boy's, but her face is pure woman. The contrast is so intense that you almost don't notice: She's wearing a defiant gaze and nothing else. The photograph is alluring, arresting, fine art in the eyes of many. But in Alabama and South Carolina and Colorado and elsewhere, it's the ultimate indecency.
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BUSINESS
October 21, 2009 | Alex Pham
Barnes & Noble Inc., looking ahead to the next chapter in digital publishing, took the wraps off an electronic book reader, dubbed "nook." Anyone who has read Dr. Seuss' "One Fish Two Fish Red Fish Blue Fish" will recall Theodor Geisel's Nook who took a look at the book on a hook. For Barnes & Noble's $259 device, the hook is its ability to let users lend their books to their friends for up to 14 days at a time. Using the LendMe feature, nook owners can send a copy of their digital titles to their friends' iPhone, iPod Touch, BlackBerry or computer.
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BUSINESS
March 17, 2000
Barnes & Noble Inc. said its fiscal fourth-quarter earnings rose 37% to $89 million, or $1.27 a share, from $64.9 million, or 90 cents, a year earlier. Sales rose 29% to $1.33 billion. That beat estimates. Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section's staff can be found at http://www.latimes.com/bizstaff.
BUSINESS
July 21, 2009 | Alex Pham
Barnes & Noble Inc., which withdrew from the nascent digital book market in 2006, said Monday that it had reentered the growing field and launched "the world's largest e-bookstore." The New York retailer, which operates 777 stores in the U.S., boasted that its online bookshop has more than 700,000 titles. Included in the tally are about half a million books in the public domain and available as free downloads via a partnership with Google Inc.
BUSINESS
August 12, 1999
* Barnes & Noble Inc. agreed to acquire J.B. Fairfax International USA Inc., a niche publisher that includes Michael Friedman Publishing Group, a publisher of coffee table books. Terms were not disclosed.
BUSINESS
June 2, 1999 | From Bloomberg News
Barnesandnoble.com Inc.'s shares fell as much as 16% on Tuesday on news that regulators may oppose Barnes & Noble Inc.'s purchase of wholesaler Ingram Book Group, which was intended to help the bookseller's Internet business compete with Amazon.com Inc., analysts said. The shares fell $3.06, or 14%, to close at $20, on Nasdaq. Stock in Barnes & Noble, the largest U.S. bookseller, fell $1.19 to close at $27.38 on the New York Stock Exchange.
BUSINESS
January 10, 2001 | Reuters
Barnes & Noble Inc., the largest U.S. bookseller, warned that fiscal fourth-quarter earnings will be lower than expected because of disappointing holiday sales. The New York-based company said it projects earnings of $1.30 a share for its book segment for the quarter ending this month, compared with Wall Street's expectations of $1.46. It said it expects its video game segment to earn 6 cents, sharply lower than market expectations of 33 cents.
BUSINESS
March 18, 2005 | From Bloomberg News
Barnes & Noble Inc. said fiscal fourth-quarter earnings fell 11%, hurt by its spinoff of the GameStop video game chain. Shares of the company dropped the most in 27 months after it forecast that profit this year wouldn't meet analysts' estimates. Net income slid for the third straight quarter, declining to $115.6 million, or $1.56 a share, from $130.2 million, or $1.65, a year earlier when GameStop added 30 cents a share to profit. Sales rose 5.4% to $1.
BUSINESS
August 23, 2002 | Associated Press
Barnes & Noble Inc. reported its first quarterly profit of the year, but the results were lower than expected and the company reduced its forecast for the rest of 2002. For the quarter ended Aug. 3, the bookseller reported a profit of $1.4 million, or 2 cents a share, an improvement from a loss of $1.7 million, or 3 cents, reported a year ago. Sales were up 10% to $1.16 billion. The company said it is lowering its second-half forecast because of the difficult retail environment.
BUSINESS
January 5, 1998 | KAREN KAPLAN
To the list of things that have been redefined by the explosive growth of cyberspace, America Online has added the word "exclusive." Last month, the world's biggest online service announced an "exclusive" deal with BarnesandNoble.com, giving the online subsidiary of the Barnes & Noble book superstore chain "extensive placement and visibility" across AOL's proprietary service in exchange for $40 million over four years. In addition to AOL's Marketplace section--which has featured Barnesand Noble.
BUSINESS
May 22, 2009 | Times Wire Reports
Barnes & Noble Inc. reported that it lost $2.7 million in the first quarter as its sales continued a multi-quarter slide, but the results beat Wall Street expectations and the bookseller raised its profit forecast for the year. New York-based Barnes & Noble's $2.7-million loss amounts to 5 cents a share, compared with a loss of $2.2 million, or 4 cents, a year earlier. Excluding the effect of discontinued operations, the company lost 4 cents a share, better than the loss of 15 cents analysts expected.
BUSINESS
January 3, 2009 | Bloomberg News
Los Angeles billionaire Ron Burkle and his Yucaipa Cos. private-equity firm reported an 8.3% stake in Barnes & Noble Inc., the world's largest bookseller, and may seek talks with the company. Burkle intends to monitor Barnes & Noble's performance and consider the option to discuss strategic opportunities with the company's board or executives, according to a regulatory filing Friday.
BUSINESS
November 21, 2008 | Times Wire Services
Barnes & Noble Inc. reported a larger-than-expected loss for its fiscal third quarter and gave little indication that the holidays would be much brighter. The New York-based bookseller said significantly lower customer traffic and spending at its stores drove down profit. It reduced its sales and earnings forecasts for the rest of the year, even though the holiday season is traditionally a strong time for the company. Barnes & Noble reported a loss of $18.4 million, or 34 cents a share, in the quarter ended Nov. 1 compared with a profit of $4.4 million, or 7 cents, a year earlier.
BUSINESS
August 22, 2008 | From Times Wire Services
Barnes & Noble Inc. posted a 15% drop in second-quarter profit to $15.4 million, or 27 cents a share, compared with $18.05 million, or 26 cents, a year earlier. Sales slipped 1.6% to $1.22 billion.
BUSINESS
March 23, 2007 | From the Associated Press
A sluggish book market and intense competition from rivals such as Amazon.com and Costco Wholesale Corp. are forcing the nation's top two booksellers -- Barnes & Noble Inc. and Borders Group Inc. -- to rewrite the rules on the book business. Their challenges were revealed as both merchants reported disappointing fourth-quarter results Thursday.
BUSINESS
March 6, 2007 | From the Associated Press
Barnes & Noble Inc., the nation's largest bookseller, forecast profit and sales for this fiscal year that were well below analysts' estimates, sending its shares down 11% on Monday. The New York-based retailer reaffirmed its earnings guidance for the year ended Feb. 3 despite disappointing sales. It also said it was closing its Internet distribution center located in Memphis, Tenn.
BUSINESS
June 15, 1999 | JAMES PELTZ and MICHAEL HILTZIK, Stock Exchange lets readers listen in as staff writers James Peltz and Michael Hiltzik debate the merits of individual stocks
Barnes & Noble (BKS) Mike: Let me tell you a little story, Jim. Jim: Go ahead. Mike: A month ago, I was in midtown Manhattan looking for a book, and I remembered that stretch of great bookstores on Fifth Avenue. So I went to see Scribner's--and it was gone. Then I walked down the block to Doubleday, and it was gone. I walked across the street in search of B. Dalton and it was gone. And do you know what happened to all these bookstores?
BUSINESS
August 30, 2006 | From Reuters
Bookseller Barnes & Noble Inc. said Tuesday that it received a subpoena from the U.S. attorney for the Southern District of New York requesting documents on its stock option practices. Barnes & Noble is one of more than 80 companies that say they are being investigated in a quickly spreading scandal over stock options. The operator of the bookstore chain said it received the subpoena Friday, making the statement in a brief regulatory filing.
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