Posts tagged with financial-news

Jul 1 2013

Throwing good money after bad?


There are some uggggly numbers coming out from Barnes and Noble: total sales fell 10% in the fourth quarter for their brick-and-mortar stores, and Nook sales tumbled 34%. But B&N isn't giving up the ghost just yet. According to Publishers Weekly, the company is going to invest $33 million in their Nook units this year...

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Nov 1 2012

A meeting of the deep, deep pockets


The biggest literary news of the week was definitely the prospective Penguin/Random House merger. An announcement was made on Monday that by the latter half of 2013 the two publishing companies will be merged into a joint venture named the Penguin Random House Company. (Catchy!) If everything continues as planned...

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