Barnes & Noble, Inc. (BKS) is a retailer of content, digital media and educational products. The Company's segments include Barnes & Noble Retail (B&N Retail) and NOOK. The Company is a content, commerce and technology company, which provides access to trade books, textbooks, magazines, newspapers and other content across its multi-channel distribution platform. The Company's principal business is the sale of trade books (generally hardcover and paperback consumer titles), mass market paperbacks (such as mystery, romance, science fiction and other fiction), children's books, eBooks and other digital content, textbooks and course-related materials, NOOK and related accessories, bargain books, magazines, gifts, emblematic apparel and gifts, school and dorm supplies, cafe products and services, educational toys and games, music and movies direct to customers through its bookstores or on barnesandnoble.com. The Company operates approximately 648 bookstores in around 50 states.
Reported after close yesterday (6/22/16) Earnings: EPS -$0.42 Revenue $850M Estimates: EPS -$0.28 Revenue $889.2M Up 4.89% pre-market so far
I am not in BKS but doing my DD on it thanks to @T0rm3nted that posted the divi's on it (5.29% yield) Looking at the 1 year chart there appears to be a cup and handle and excuse the sloppy drawing (carpel tunnel)
Reported before open today (11/22/16) Earnings: EPS -$0.29 Revenue $858.5M Estimates: EPS -$0.34 Revenue $859.78M Up 10.48% today
Got fortunate to buy yesterday @6.01 and sold premarket @6.58. Rumor was $6.50 a share and looks like it was correct. June 7 (Reuters) - Barnes & Noble Inc said on Friday it would be bought by hedge fund Elliott Management Corp in an all-cash deal valued at about $683 million, including debt. Shareholders of the once-dominant U.S. book retailer would be paid $6.50 per share, representing a premium of about 42% as of Wednesday's close. The company's shares surged about 34% on Thursday after the Wall Street Journal reported that a deal between the activist hedge fund and bookseller could be reached soon.
