On Tuesday, Shares of Barnes & Noble, Inc. (NYSE:BKS), gained 2.66% to $13.53.
Barnes & Noble, declared that its Board of Directors has authorized a new stock repurchase program of up to $50 million of its common shares. Stock repurchases under this program may be made through open market and privately negotiated transactions from time to time and in such amounts as administration deems appropriate. The repurchase program has no expiration date and may be suspended or suspended at any time.
In July, the Board also approved a policy of paying dividends at an annual rate of $0.60 per share of common stock of the Company, payable in quarterly installments of $0.15 per share.
Barnes & Noble, Inc. retails books, textbooks, magazines, newspapers, and other contents in the United States. It sells trade books, counting hardcover and paperback consumer titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; children’s books; eBooks and other digital content; textbooks and course-related materials; NOOK and related accessories; bargain books; gifts; emblematic apparel and gifts; school and dorm supplies; café products and services; educational toys and games; and music and movies.
Shares of Alcatel Lucent SA (ADR) (NYSE:ALU), declined -0.79% to $3.75, during its last trading session.
Alcatel-Lucent (Euronext Paris and NYSE: ALU) has recently launched industry-leading innovations in fiber and copper technologies that will enable operators to meet current and future demand for ultra-broadband access services – counting addressing performance and capacity requirements critical to delivering on the promise of 5G.
Operators are looking to technologies that can provide them the flexibility to cope with all the demands being placed on their networks by existing and emerging services and applications. ‘Gigabit services’ – ultra-broadband access speeds of 1 gigabit per second and beyond – is expanding from the enterprise into the consumer domain. By the end of 2015 over 40 million 4K TVs1 are predictable to be in homes and by 2020 the number of connected devices is likely to reach 50-100 billion.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Finally, Shares of Memorial Resource Development Corp (NASDAQ:MRD), ended its last trade with -0.83% loss, and closed at $17.93.
Memorial Resource Development Corp., declared that it will report third quarter 2015 financial and operating results before the market opens for trading on November 4, 2015. Following the declarement, administration will host a third quarter 2015 earnings conference call at 2 p.m. Central (3 p.m. Eastern).
Memorial Resource Development Corp., an independent natural gas and oil company, focuses on the acquisition, exploitation, and development of natural gas, natural gas liquids, and oil properties primarily in North Louisiana.
