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Amazon Misses Wall Street's Expectations On Bigger Loss; Shares Decline

Amazon announced third quarter sales after the close of the market on Thursday afternoon, missing analysts' expectations on both sales and earnings and disappointing on guidance for the next quarter as well. The stock dropped sharply in after-market trading Thursday, down over 11 percent (or $35 a share), though in regular…

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Bloomsbury Declines In First Half on Lower Adult Trade Sales

Bloomsbury reported weak sales and earnings for the first half of 2014, with revenues down 5 percent (or £2.6 million) to £46.6 million, and pre-tax profit down 26% (or £.6 million) to £1.7 million. The company blamed the comparison to an "exceptional" first half last year on the release of…

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Apple Celebrates Another Big Quarter

Apple reported fiscal fourth quarter results after the close of the market on Monday, with a strong launch of the new iPhones moving over 39 million units and taking company sales to $42 billion for the quarter, up 12 percent compared to a year ago. iPad sales declined 13 percent…

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Google Play Maintains Rapid Growth, and More

Google reported third quarter revenues after the close of the market on Thursday, and the company continues to show significant growth in the business segment that includes the Google Play Store. Called "other revenues" by the company (also including their hardware line and their Enterprise software business), the segment had…

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Books Sales Fall Again At WH Smith, As Profits Improve

WH Smith reported preliminary results for fiscal 2014, with sales at their High Street stores falling 6 percent to £684 million. Book sales overall fell more, down 8 percent for the year as the "market continues to be challenging" (after declining 6 percent in the previous year). Same-store sales were…

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More Facts From Barnes & Noble's Filings

As usual, Barnes & Noble's formal quarterly report to the SEC includes some additional details of interest not included in Tuesday's press release and investor call, though this time around those additional disclosures are pretty modest. In the most recent quarter, BN customers activated just $6.2 million of the credits…

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Barnes & Noble Has Soft Sales But Smaller Loss As Nook Fades; Asset Separation Presents New Possibilities

Sales fell more than expected by analysts at Barnes & Noble in their fiscal first quarter, ending August 2, down 7 percent to $1.236 billion, but the loss was lower than estimated -- with a consolidated net loss of $28.4 million, or 56 cents a share. Tellingly, the company admitted…

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A Tepid Second Quarter for Books-A-Million

Books-A-Million said sales for the second quarter ending August 2 more or less stayed flat, dipping 0.5 percent to $108.3 million. Same-store sales inched up a mere 0.1 percent, while their net loss of $3 million, or 21 cents per share was a considerable improvement on the $9.1 million net…

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Book Sales in Indigo Q1 Grew For First Time in Almost Five Years

Canada's dominant bookseller Indigo reported fiscal first quarter (for the period ending June 28). Sales increased 5.4 percent, to $180.8 million CA, and the net loss of $14.0 million was an improvement upon the $20.9 million lost at the same time a year ago. Indigo largely attributed the quarter's revenue…

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Amazon Loses More Money Than Expected; Stock Suffers

Amazon's stock is down over 10 percent in early Friday trading (a decline of almost $40 a share) after reporting a larger than expected loss for their second quarter -- and forecasting bigger losses for the next quarter. Second quarter sales grew 23 percent to $19.34 billion, with an operating loss…

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