The SEC has commenced an investigation into Barnes & Noble's accounting, pushing shares of the bookstore chain sharply lower.» Read More
NEW YORK, July 8- Barnes& Noble Inc Chief Executive William Lynch resigned on Monday after he led a failed attempt by the U.S. bookstore chain to compete against the likes of Amazon.com Inc, Apple Inc and Google Inc in the e-reader and tablet markets.
Barnes& Noble CEO William Lynch has resigned effective immediately, the U.S. bookstore chain said on Monday.
NEW YORK, July 8- Barnes& Noble Inc Chief Executive Officer William Lynch has resigned effective immediately, the U.S. bookstore chain said on Monday.
Barnes and Noble says its CEO William Lynch has resigned and is effective immediately, with the "Fast Money" traders. The stock is down 2.5 percent after hours.
Amazon, which became the biggest force in bookselling by discounting prices, has started to cut back on some of its deals as competition wanes.
Paula Deen's latest book has jumped all the way to No. 1 on Amazon's best-seller's list and No. 7 on the Barnes & Noble Top 100 in advance of its scheduled release.
Stocks logged gains across the board Tuesday, erasing most of their losses from the previous day's selloff, as a batch of better-than-expected economic reports trumped worries over a credit crunch in China.
*Homebuilders rally after Lennar results, data. NEW YORK, June 25- U.S. stocks rose on Tuesday after strong housing and durable-goods figures brought a measure of calm to investors worried about the Federal Reserve's plans to reduce its massive monetary stimulus.
June 25- Barnes& Noble Inc will stop manufacturing its own Nook tablets, marking the end of its expensive attempt to compete alone with deep-pocketed rivals Amazon.com Inc, Apple Inc and Google Inc in the tablet wars.
The "Fast Money" traders share their final trades of the day.
*Builders rally after Lennar results, data. *Walgreen slips after earnings, Netflix down on downgrade. Investors are realizing that the Fed is still a long way from raising rates, "said Mark Foster, who helps manage $600 million at Kirr Marbach& Co in Columbus, Indiana.
*Builders rally after Lennar results, data. *Walgreen slips after earnings, Netflix down on downgrade. "You would think that would be bullish since it shows the economy is improving on its own, but the Fed has us in a mentality where the good news is bad news," said Donald Selkin, chief market strategist at National Securities in New York. "
June 25- Barnes& Noble Inc reported on Tuesday that its quarterly net loss more than doubled as sales of its Nook device and e-books continued to plunge, and it forecast a sharp drop in business at its bookstores.
NEW YORK, June 25- U.S. stocks were poised for a higher open on Tuesday, indicating the S&P 500 may stem its recent slide after comments from central bankers in the U.S. and China eased recent concerns about a credit crunch and an end to stimulus measures.
U.S. stock index futures held their gains Tuesday, following a pair of better-than-expected economic reports and after comments from China's central bank eased recent worries about a credit crunch in the world's second-largest economy.
June 25- Barnes& Noble Inc reported on Tuesday that its quarterly net loss more than doubled as sales of its Nook device and e-books continued to plunge and business at its bookstores declined.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Eddy Cue said he was not surprised when publishers increased prices for new and best-selling titles after Apple entered the e-books market in 2010, but he disputed that Apple caused prices industry-wide to increase.
Some of the names on the move ahead of the open.
Apple's court battle with the Department of Justice may not have much effect on e-book costs. Prices were already dropping.