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...
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...