Reuters: Hot Stocks: Investor Daniel Tisch raises Barnes & Noble stake to 8.1 pct

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Investor Daniel Tisch raises Barnes & Noble stake to 8.1 pct Feb 5th 2013, 19:53 NEW YORK | Tue Feb 5, 2013 2:53pm EST NEW YORK Feb 5 (Reuters) - Investor Daniel R. Tisch's stake in Barnes & Noble Inc has reached 8.1 percent, according to a regulatory filing on Tuesday, and the U.S. bookstore's shares rose 8 percent. As of Dec. 31, Tisch and his TowerView LLC investment vehicle held 4,876,000 shares in Barnes & Noble, up from 3,085,000 in January 2012, making Tisch, a member of a prominent New York real estate family, Barnes & Noble's second biggest shareholder after chairman and founder Leonard Riggio. Shares shot up 8.2 percent to $14.34 in afternoon trading. The company, which reported disappointing holiday sales, is set to report full quarterly results on Nov. 19. (Reporting by Phil Wahba; Editing by Gerald E. McCormick)

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