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Lunch for Thursday, August 16

August 16, 2007
By Michael Cader

Len’s Buying Again With Barnes & Noble stock down to its lowest levels since 2004, chairman Len Riggio has resumed buying, purchasing 100,000 shares. Riggio’s last buying streak ended about two years, when the stock was trading about five dollars a share higher. He currently holds just under 13 million shares, or about 20 percent of the company. Riggio’s buying is closely watched by Wall Street, and shares rose after hours yesterday when his purchase was revealed. Reuters Personnel News Carl Raymond has been named associate publisher for Simon Spotlight Entertainment, starting September 5. He will acquire “select titles” and […]

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