Barnes & Noble weighs its eReader investment

Even for a company with a lot of bad news lately, the bulletin from Barnes & Noble this month had an ominous feel, The New York Times reports. Barnes & Noble, the nation’s largest book chain, warned that when it reports fiscal 2013 third-quarter results on Thursday, losses in its Nook Media division — which includes sales of eBooks and devices — will be greater than the year before and that the unit’s revenue for all of fiscal 2013 would be far below projections it gave of $3 billion. Read more with registration.

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