Barnes & Noble Suspends Dividend as Q3 Earnings Badly Miss (BKS)
Posted on February 22, 2011 at 09:09 AM EST
Embattled book retailer Barnes & Noble, Inc. (BKS) on Tuesday posted much worse-than-expected fiscal third quarter earnings and suspended its dividend payouts, sending its shares reeling in premarket trading. The New York-based company reported fiscal third quarter net income of $1, which badly missed analyst estimates for $1.13 per share. Its revenue of $2.33 billion [...]