Barnes & Noble eyes Nook options

by the BBC

US bookseller Barnes & Nobel has said it is considering options for its Nook e-book division. The firm also said its losses for the year would be larger than expected due in part to the cost of investing in new e-readers. The company’s shares fell 23% after the announcement before recovering slightly. Sales of the Nook were up 70% on a year ago in the nine weeks to the end of September, according to the retailer. However it said sales of its new ‘Simple touch’ device were lower than expected.

http://www.bbc.co.uk/news/business-16435312

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