Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shareholders of book and online-content company Barnes & Noble
So what: Yucaipa Holdings' Ron Burkle noted in a statement filed with the Securities and Exchange Commission today that it would "distribute in-kind the shares of [the company's] common stock." Although Barnes & Noble doesn't allow any one holder to attain more than 20% of its common stock, Yucaipa's sale, as one of its largest shareholders, is bound to drag down the company's stock price.
Now what: The big news came earlier in May, when Microsoft
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