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Quarterly net loss doubles
Aggregated Source: Shanghai Daily: Business

A woman looks into a Barnes & Noble store in New York. Barnes & Noble Inc reported yesterday that its loss more than doubled in the latest quarter as its Nook e-book reader unit continued losing money and sales plummeted at its bookstores. For the February-April quarter, Barnes & Noble said its net loss totaled US$118.6 million, compared with a loss of US$56.9 million a year earlier.

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Copyright Shanghai Daily: Business