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December 4, 2014By Michael Cader

Barnes & Noble Disappoints Again with Lower Earnings; Terminates Microsoft Nook Partnership

December 4, 2014By Michael Cader

There was a suspicious spate of financial articles the last couple of days tipping the idea that the worst is over at Barnes & Noble and Nook and earnings would be up — but the results announced before the opening of the market on Thursday proved those hopeful stories wrong again. Analysts hoped earnings per share would more than double to 31 cents — but instead consolidated net earnings fell $1 million, to 12 cents a share. Analyst John Tinker at Maxim Group had convinced the WSJ Nook would only lose $14 million (they lost almost 3 times that) on […]

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Filed Under: Booksellers, Earnings Reports, Finance

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