Daily Stocks News » BKS

Major Movers on July 9; SIRI, ISRG, WDFC, BKS, KR, HTSI

Warren Paige — Tue, 09 Jul 2013 17:30:27 +0000

Shares of the satellite radio company, Sirius XM Radio Inc. (NASDAQ: SIRI) gained 2.90 by mid-day trade on Tuesday. The Company said that it added 715,000 new subscribers in the fiscal second quarter, raising its total base in excess of 25 million.

Sirius also upwardly revised its full-year subscribers’ growth base estimate. The Company [...]

Major Movers on June 25; NFLX, BKS, WAG, P, IPXL

Warren Paige — Tue, 25 Jun 2013 19:12:38 +0000

Shares of Netflix Inc. (NASDAQ: NFLX) fell 3% by afternoon trade after Bernstein’s senior equity analyst, carlos Kirjner downgraded the internet streaming company’s stock to “underperform” from “market-perform”. Bernstein has a price target of $180. The firm said current valuation reflected “unrealistic expectations.” In his research note, Kirjner wrote, “We believe Netflix will grow its [...]

Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS

Warren Paige — Thu, 09 May 2013 17:52:45 +0000

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) soared about 25% by afternoon trade after the coffee maker, late last evening, announced that it has extended its partnership with the world’s biggest coffee-store chain, Starbucks Corp (NASDAQ: SBUX). Under the latest agreement, Green Mountain would triple its supplies of KEURIG Brewers line of products [...]

Microsoft Shows Interest in Buying Nook’s E-Reader Business (BKS, MSFT)

Warren Paige — Thu, 09 May 2013 16:07:00 +0000

Shares of Barnes & Noble (NYSE: BKS) soared on Thursday after TechCrunch reported that Microsoft Corp. (NASDAQ: MSFT) has considered offering the bookseller $1 billion to acquire its e-reader (tablet) business.

Shares were gaining about 21% in early trade as investors are expecting a possible deal for the Nook Media’s digital arm.

Currently, Microsoft [...]

Barnes & Noble Inc’s Chairman Contemplating Retail (bookstores) Division Buyout (BKS)

Warren Paige — Mon, 25 Feb 2013 14:39:43 +0000

Barnes & Noble Inc.’s (NYSE: BKS) Chairman and biggest stakeholder, Leonard Riggio, has shown interest on buying out Company’s consumer book store chain division, possibly splitting the company into two.

Riggio, who owns nearly 30% stake in the Company, said in a regulatory filing on Monday that he intends to offer a buyout proposal [...]

Barnes & Noble Shares Gain after Pearson Makes Strategic Investment in Nook Media (BKS, PSO)

Warren Paige — Mon, 31 Dec 2012 07:49:17 +0000

Shares of Barnes & Noble Inc. (NYSE: BKS), a content, commerce and technology company that provides consumers access to books, rose sharply in trading on Friday after the company announced that Pearson (NYSE: PSO) agreed to make a strategic investment in Nook Media LLC.

Pearson will make an investment of $89.5 million in Nook [...]

Big Mover; Barnes & Noble Surges on Microsoft Investment (BKS, MSFT)

Warren Paige — Mon, 30 Apr 2012 19:38:28 +0000

Shares of Barnes & Noble Inc. (NYSE: BKS), a content, commerce and technology company providing customers access to books, magazines, newspapers and other content across its multi-channel distribution platform, are surging today after technology giant Microsoft Corporation (NASDAQ: MSFT) said that it will make a $300 million investment in the company’s Nook e-reader.

BKS [...]