Barnes & Noble bullish on e-books

US bookseller Barnes & Noble yesterday forecast sales of its Nook e-reader and e-books would more than double this fiscal year to $1.8bn and said book sales would get a lift from the demise of rival Borders, sending its shares up about 15 per cent. The group reported a loss of $56.6m for the quarter, compared with a loss of $62.5m a year earlier.