Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for June 22

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Barnes & Noble (BKS). Barnes & Noble Inc.'s shares rallied from a six-year low after the bookstore owner released fiscal fourth-quarter results. The company posted a narrower loss for the period than analysts were expecting, based on a Bloomberg survey. Sales beat projections for the third straight quarter. Barnes & Noble expects this year's operating income to rise 47 percent, to $80 million.