News Summary (BKS, DAL, UAUA, AMR)

Shares of Barnes & Noble Inc BKS dipped after the company swung to a higher-than-expected Q1 loss, due to legal expenses and comparable-sales declines at its brick-and-mortar stores. The company has also forecast an unexpected loss for Q2 of FY'11 and lowered its outlook for the year. BKS shares lost about 4% following the announcement of the results. US Airline stocks also mirrored the sentiments of the market due to fears of slow down in the global economy. The top losers in the list were Delta Air Lines DAL, UAL Corp UAUA and AMR Corp AMR. The NYSE Arca Airline Index (XAL) also fell about 2.4%. Energy stocks fell today due to lower crude oil prices, along with fall in the broad market. The NYSE Arca Oil Index (XOI) dropped about 1.4%, while the NYSE Arca Natural Gas Index (XNG) declined about 1.7% to 486. Read more from Benzinga's Markets.