Tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 in the most recent quarter, but sales in the physical stores and website also decreased by 10 . Even if barnes noble gepts rid of its nook business, the outlook for the company as a stand alone retailer is hazy. Amazon and o
Tuesday, july 9th. Goodveng everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 the mo recent quarter, but sales in the physical stores and website also decreased by 10 . Even if barnes blgepts rid of its nook ss, ecompany as a. Amazon and other retailers are tough competition in the Book Business as people
Buyers into the hands of land boards. Will the tighter requirements make them safer . All that and more tonight on nightly Business Report for tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 in the most recent quarter, but sales in the physical stores and website also dec
Buyers into the hands of land boards. Will the tighter requirements make them safer . All that and more tonight on nightly Business Report for tuesday, july 9th. Good evening everyone. A new chapter for barnes noble today but how that story plays out is still unwritten. Investors are betting on a happy ending pushing up by 5 today. They were reacting on news the ceo is out and the possibility the big retailer might break up and spin off the nook division. They out lived brick and mortar competitors like borders and walden books. What is next for the chain and can it survive . Reporter three years ago, barnes noble made a bet on its nook e reader bring income a new ceo William Lynch to ignite the business. But the nook never caught fire losing 475 million last year and now william lidge is the former ceo of barns and noble. And the companys problems are bigger than just the nook division. Sales did drop 34 in the most recent quarter, but sales in the physical stores and website also dec
And fpfizer and getting ready fr the twoday meeting and waiting for the president to make a new proposal on tax reduction. And we will wait for the two components merck and pfizer. Are patent problems looming. After posting weak sales in north america and announcing two executives leaving the company. And you heard it here first, two firms buying hmas. And watch the fertilizer stock, because they are down after one of the Potash Companies drops. Slight sli above forecast and the revenues are shy of census, and fpfizer plans to go into three segments. Meanwhile, mercks q2 earnings were above estimates and the merck beats the earnings but profit is cut in the half. That is the repeating echo of the quarter and a lot of the names and in some cases blockbusters losing exclusivity and trying to fill the pipeline with stuff at the other end. That is the story of big pharma, and a pack of development and changing in recent months and years, carl. Of course, replacing off patent with whatever