Quote:
Originally Posted by TimW
B&N stock prices have declined another 10% this morning. For the time being, the market seems to agree with you.
Edit: ...and 7% more this afternoon. Ouch!
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Not unexpected. B&N can not afford those terms. They will have to borrow money to pay the dividend.
On the other hand the two seats LM adds to the Board may be helpful in turning the company into a profitable one. Interestingly, the retail stores are profitable but the BN.com (incl digital) is not. Which may indicate B&N is spending a lot of resources on R&D or is expected to. Could there be further devices or expansion in the future?