Key Developments: Barnes & Noble Inc (BKS.N)

BKS.N on New York Stock Exchange

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11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Barnes & Noble Inc gives FY 2015 comparable store sales guidance; to separate Retail and NOOK Media Businesses
Wednesday, 25 Jun 2014 08:30am EDT 

Barnes & Noble Inc:Expects FY 2015 both Retail comparable bookstore sales and Core comparable bookstore sales to decline in the low-single digits.Expects FY 2015 College comparable store sales are to decline in the low-single digits.Board of Directors has authorized management of the company to take steps to separate the Barnes & Noble Retail and NOOK Media businesses into two separate public companies.Says to take the steps necessary to complete the separation by the end of the first quarter of next calendar year.  Full Article

Barnes & Noble Inc reaffirms FY 2014 comparable store sales guidance
Wednesday, 26 Feb 2014 08:30am EST 

Barnes & Noble Inc:Reaffirms previously issued fiscal 2014 guidance, in which it expects Retail comparable store sales to decline in the high single digits.Core Retail comparable bookstore sales to decline in the low- to mid-single digits and College comparable store sales to decline in the low single digits.  Full Article

Law Offices of Howard G. Smith announces class action lawsuit against Barnes & Noble, Inc.
Tuesday, 11 Feb 2014 08:32am EST 

Law Offices of Howard G. Smith:Says class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class comprising all purchasers of the securities of Barnes & Noble, Inc.Says class action lawsuit filed between June 27, 2012 and Dec. 5, 2013.Says complaint alleges that during the Class Period the defendants issued materially false and misleading statements concerning the company's operations and financial performance.  Full Article

Ryan & Maniskas, LLP announces class action lawsuit against Barnes & Noble Inc
Monday, 13 Jan 2014 07:00pm EST 

Ryan & Maniskas, LLP:Says that a class action lawsuit has been filed in the United States District Court for the United States District Court for the Southern District of New York on behalf of purchasers of Barnes & Noble Inc common stock during the period between Feb. 25, 2013 and Dec. 5, 2013.Says complaint charges Barnes & Noble and certain of its officers and directors with violations of the Securities Exchange Act of 1934.Says the complaint alleges that during the class period, Barnes & Noble issued materially false and misleading statements regarding the company's financial performance and future business prospects.  Full Article

Pomerantz LLP files class action against Barnes & Noble, Inc. and certain officers
Monday, 13 Jan 2014 03:13pm EST 

Pomerantz LLP:Says that a class action lawsuit has been filed against Barnes & Noble, Inc and certain of its officers.Says the class action, filed in United States District Court, Southern District of New York, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired securities of Barnes & Noble between Feb. 25, 2013 and Dec.5, 2013 both dates inclusive.Says class action seeks to recover damages against the company and certain of its officers and directors as a result of alleged violations of the federal securities laws.Says the complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects.  Full Article

Robbins Geller Rudman & Dowd LLP files class action suit against Barnes & Noble, Inc
Wednesday, 8 Jan 2014 03:28pm EST 

Robbins Geller Rudman & Dowd LLP:Says that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Barnes & Noble, Inc common stock during the period between Feb. 25, 2013 and Dec. 5, 2013.Says the complaint charges Barnes & Noble and certain of its officers and directors with violations of the Securities Exchange Act of 1934.Says complaint alleges that during the Class Period, Barnes & Noble issued materially false and misleading statements regarding the Company`s financial performance and future business prospects.Says the complaint alleges that defendants misrepresented or failed to disclose that its Nook e-book reader sales had declined, the company would shutter its Nook manufacturing operations altogether and carrying value of the Nook assets were impaired by millions of dollars.  Full Article

Barnes & Noble Inc appoints Michael P. Huseby as Chief Executive Officer
Wednesday, 8 Jan 2014 09:00am EST 

Barnes & Noble Inc:Says Michael P. Huseby has been appointed as the Chief Executive Officer of the company.  Full Article

Barnes & Noble Inc shares fall as SEC probes restatement - Reuters
Friday, 6 Dec 2013 12:34pm EST 

Barnes & Noble Inc:Says shares of Barnes & Noble Inc fell as much as 11 percent on Dec. 06, a day after the U.S. Securities and Exchange Commission told the bookseller it had begun an investigation into a restatement of earnings announced on July 29 - Reuters.  Full Article

Barnes & Noble Inc Announces Opening New Store in Princeton, New Jersey
Monday, 16 Sep 2013 08:45am EDT 

Barnes & Noble Inc announced the debut of a new bookstore on September 18 at the MarketFair Mall, 3535 US Route 1, in Princeton, NJ. Concurrently, the existing MarketFair store will close. The location will include a sales floor of more than 60,000 books, newsstand titles, gifts and DVDs, a NOOK Boutique showcasing the Company's family of Readers and Tablets, an Educational Toys & Games Department, and a CafĂ© featuring Starbucks coffee.  Full Article

Research Frontiers Inc Files Patent Infringement Lawsuit Against Amazon.com Inc, Barnes & Noble Inc, E Ink and Sony
Friday, 12 Jul 2013 04:39pm EDT 

Research Frontiers Inc announced that it has filed a lawsuit against E Ink Corporation; E Ink Holdings, Inc. (f/k/a Prime View International Co., Ltd.); Amazon.com Inc.; Sony Electronics Inc.; Sony Corporation; Barnes & Noble Inc; and Barnesandnoble.com LLC in the United States District Court for the District of Delaware for patent infringement. Research Frontiers seeks an injunction in addition to monetary damages and pre-judgment interest and other relief. In this lawsuit, Research Frontiers asserts infringement by the named defendants of United States Patent No. 6,606,185, entitled SPD Films and Light Valves Comprising Liquid Suspensions of Heat-Reflective Particles of Mixed Metal Oxides and Methods of Making Such Particles, and United States Patent No. 5,463,491, entitled Light Valve Employing a Film Comprising an Encapsulated Liquid Suspension, and Method of Making Such Film. Research Frontiers alleges that E Ink's products and those of its customers such as various models of the Amazon Kindle, Sony Reader, Barnes & Noble Nook, and other e-reader/e-book devices, infringe on its patents. Research Frontiers has retained the law firm of Niro, Haller & Niro, a Chicago-based law firm that specializes in intellectual property litigation, to prosecute the case.  Full Article

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Barnes & Noble pledges nursing-friendly approach after complaint

NEW YORK - Bookstore chain Barnes & Noble Inc has pledged to make its stores friendly to nursing mothers as part of a settlement with New York State after a woman who was breastfeeding was asked to cover herself or leave one of its locations.

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