Leonard Riggio

The chairman of this book store operator scooped up some shares this past week. Those purchases followed the release of second-quarter results. The share price dropped sharply following the earnings report. Conventional wisdom says that insiders and 10 percent owners really only buy...

U.S. stocks were mostly higher on Thursday as both the S&P 500 index and Nasdaq index recorded a fourth straight winning session in a relatively slow news day that was heavy on earnings. The Dow Jones rose as much as 35 points and falling as much as 56 as earnings from Dow listed companies...

After an eight-month battle, CBS (NYSE: CBS) owned Simon & Schuster and Barnes & Noble (NYSE: BKS) have called a truce. The Wall Street Journal reported Monday that the two companies issued a joint statement announcing that they had “resolved their outstanding business issues.” Those...

Shares of Barnes & Noble (NYSE: BKS) will be under pressure Tuesday following an amended 13D filing from the company's Chairman Leonard Riggio disclosing he will no longer be pushing to make an offer for the Retail segment. From the filing: "Mr. Riggio has advised the Board of Directors of...

If Barnes & Noble (NYSE: BKS) goes down, Amazon.com (NASDAQ: AMZN) will feel the pain. It may sound counter-intuitive, but according to The New York Times, it’s true. The theory, born out by recent history in the book business, is that when customers lose the opportunity to browse at a...

Shares of Barnes & Noble (NYSE: BKS) rallied Monday after Barron's mentioned the company over the weekend. In an article entitled, “Beware a Low Bid for Barnes & Noble,” Barron's argues that the board shouldn't let its founder and chairman, Leonard Riggio, “steal” the retail business....

Barnes & Noble (NYSE: BKS) shares rallied Monday on word of a potential buyout of its retail business. Founder, current Chairman of the Board and top shareholder Leonard Riggio intends to propose a purchase of all of the New York City-based bookseller's retail assets. According to a filing...