Barnes & Noble reported a smaller quarterly loss and said it would separate its retail and Nook Media businesses, sending shares up about 9 percent.» Read More
*Anadarko Petroleum settles pollution clean-up claims; stock soars. NEW YORK, April 3- U.S. stocks slipped on Thursday, as investors turned cautious ahead of Friday's monthly jobs report, while a drop in biotech and momentum shares dragged the Nasdaq down nearly 1 percent.
Stocks failed to end higher in volatile trading Thursday, snapping a four-day win streak, ahead of the widely-watched government jobs report. The Dow and S&P 500 hit record intraday highs earlier in the session.
NEW YORK, April 3- U.S. stocks fell on Thursday afternoon, led by a sharp drop in biotech and momentum stocks, including Facebook, Tesla and Netflix.
Liberty Media has unloaded most of its stake in struggling bookseller Barnes & Noble. Investors shouldn't necessarily follow its lead.
*Liberty Media CEO Greg Maffei to leave Barnes& Noble board. April 3- John Malone's Liberty Media Corp said on Thursday it has sold almost all of its stake in Barnes& Noble Inc, ending a nearly three-year bet that the struggling retailer would emerge as a dominant seller of e-books.
Take a look at some of Thursday's midday movers:
*Liberty Media CEO Greg Maffei to leave Barnes& Noble board. April 3- John Malone's Liberty Media Corp is slashing its stake in Barnes& Noble Inc by 90 percent, three years after it invested $204 million in the struggling U.S. bookstore chain and its then promising e-reader, the Nook.
Liberty Media will cut its large stake in Barnes & Noble, the media company announced on Thursday, but will retain a 10 percent stake.
April 3- Liberty Media Corp said it would reduce its stake in Barnes& Noble Inc but retain a 10 percent share of its initial investment in the largest U.S. bookstore chain.
March 5- An Illinois couple and their daughter on Wednesday were charged with operating a multimillion-dollar shoplifting ring that involved stealing toys, baby supplies and household items from retail stores and selling them on eBay, prosecutors said.
Feb 26- Barnes& Noble Inc reported a profit for the holiday quarter after it scaled back its money-losing Nook digital business and its core bookselling business stabilized.
Take a look at some of Wednesday's midday movers:
Feb 26- Barnes& Noble Inc returned to profitability during the holiday quarter after it scaled back its money-losing Nook tablets business and its core bookselling business stabilized. Barnes& Noble has repeatedly said it is not abandoning its Nook business, whose sales fell 50.4 percent in the third quarter ended Jan. 25.
Feb 26- Barnes& Noble Inc, the largest U.S. bookstore chain, on Wednesday reported a profit for the holiday quarter, despite a drop in revenue, as it lowered its Nook digital business costs. The bookseller said revenue fell 10.3 percent to $2 billion in the third quarter ended Jan. 25 as sales of Nook digital books and devices dropped by more than half.
U.S. stock index futures pushed higher on Wednesday ahead of more housing data and several quarterly fourth quarter earnings updates.
These are the people who have had the greatest influence, who caused the most disruption in business over the past 25 years.
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
*G Asset Management offers to buy stake in Barnes& Noble or Nook. *Groupon shares drop after company forecasts loss. NEW YORK, Feb 21- U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.
Private investment management firm G Asset Management said it has made a proposal to acquire 51 percent of Barnes & Noble, valuing the company at $22 a share.
NEW YORK, Feb 21- Investment firm G Asset Management said on Friday that it had offered to buy a 51 percent stake in either Barnes& Noble Inc or in the bookseller's Nook digital business. The little known firm said the proposal for Barnes& Noble as a whole would be for $22 per share, which would value the top U.S. bookstore chain at $1.32 billion.