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 […]
