Bloomberg, citing a source, reported that Barnes & Noble (NYSE:BKS) is in talks with the U.K.’s Waterstones Booksellers to sell Nook...
Barnes & Noble In Talks To Sell Nook Products In U.K.
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The Greenback Rose After Strong Economic Data
The release of strong economic data from the U.S. economy led to a stock market rally in the U.S. and the rest of the world. This led to strong implications for the Dollar. The Dollar rose against the Yen, whilst dropping against the British Pound. However, there was very little movement against...
Obama’s Plan Could Affect Hedge Funds
Currently, the proposed legislation to restructure the U.S. financial regulatory system is making its way through both houses of Congress. The plan is aimed to require stability, safety and systemic risk to play a larger role in the planning, thinking and strategizing of every financial...
US Bond markets very jittery ahead of NFP’s
The sell-off in 10 year US Treasury futures is intensifying pushing yield up above 3.75 and to their highest level since November of last year. The ongoing deficit worries continue to loom large over the bond markets. This has helped Usd/Jpy fill all the selling interest at 96.85/90 and move on to...
The Coming Economic Collapse That Never Was
At a conference here at The Ritz-Carlton in Naples, Florida, I heard an increasingly common question. An attendee asked me how anyone could feel...
Tuesday Sector Leaders: Metals & Mining, Information Technology Services
In trading on Tuesday, metals & mining shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of Usec...