Barnes & Noble retail group CEO sells shares

Mitchell Klipper, CEO of Barnes & Noble Inc.'s retail group, which includes its bookstores but not its Nook unit, sold about 67% of his shares of the company, according to an SEC filing late Monday.Mr. Klipper sold a total of about 400,996 shares for between $13.99 and $14.53 per share.He had about 598,371 shares as of July 17, according to FactSet, equivalent to a 1% stake in the company.Barnes & Noble is in a transition period following the departure of CEO William Lynch. It is reviewing its strategy related to its Nook ebook readers, which it invested heavily in as consumers increasingly turn online to buy books.In its most recent quarter, its net loss nearly doubled and revenue fell nearly 9% to $1.33 billion.Barnes & Noble's shares fell 22 cents to $14.10 in Tuesday morning trading after going as low as $13.84. Continue reading at 'Crains New York'

[ Crains New York | 2013-08-27 00:00:00 UTC ]
News tagged with: #retail group #transition period #strategy related #invested heavily #buy books #recent quarter #net loss #revenue fell

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Global Publishing Leaders 2015: RELX GroupGlobal Publishing Leaders 2015: RELX Group

Relx Group is a provider of information solutions for professionals in many industries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Global Publishing Leaders 2015: Groupe Albin Michel

Albin Michel is one of France’s leading literary and educational publishers, and has been honored by the country’s highest literary awards. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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US 'Grey' sells 1.1m in four days

The latest instalment of Fifty Shades of Grey has sold 1.1m copies in the US in all formats, Penguin Random House has revealed. Anne Messitte, publisher of Vintage Anchor in the US, said Grey: Fifty Shades of Grey as Told by Christian sold 1.1m copies in trade paperback, ebook and audio in the... Continue reading at The Bookseller

[ The Bookseller | 2015-06-24 00:00:00 UTC ]
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Iran memoir is reading group choice

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[ The Bookseller | 2015-06-23 00:00:00 UTC ]
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MSLO Sells for $353 Million

Future of Martha Stewart magazines unclear... The post MSLO Sells for $353 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-06-22 00:00:00 UTC ]
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After First Weekend, E.L. James's 'Grey' Sells over 1 Million Copies

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[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
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[ Digiday | 2015-06-22 00:00:00 UTC ]
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[ Los Angeles Times | 2015-06-20 00:00:00 UTC ]
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[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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[ PC World | 2015-06-12 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-11 00:00:00 UTC ]
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[ The Bookseller | 2015-06-09 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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[ Publishing Perspectives | 2015-06-03 00:00:00 UTC ]
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[ AdWeek | 2015-05-27 00:00:00 UTC ]
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[ Publishers Weekly | 2015-05-22 00:00:00 UTC ]
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[ Publishing Perspectives | 2015-05-21 00:00:00 UTC ]
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[ Publishers Weekly | 2015-05-21 00:00:00 UTC ]
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[ The Guardian | 2015-05-21 00:00:00 UTC ]
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[ BBC News | 2015-05-13 00:00:00 UTC ]
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