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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Aug 21, 2013

Page

16

August Dow slide trims record highs to worst month since 2012

The Dow opened August at all time highs but fell 4 percent from peak as the month nears its end. The S&P 500 and Nasdaq rose modestly while the Dow posted a fifth straight loss, with bond market outflows and a tapering Fed program cited as the main catalyst. Investors eye Fed policy and retailer outlooks, as bonds shift funds to equities amid uncertainty.

New York Standard & Poor Dow Wall Street TrimTabs Julius Ridgway Medley & Brown Federal Reserve Ben Bernanke Central Bank Bernanke Fed Lipper Ing Treasuries U.S. Treasury Krosby Treasury S&p Utilities S&p

Barnes & Noble posts wider first quarter loss and Nook concerns

Barnes & Noble reports a larger first quarter net loss as CEO departure and weaker Nook revenue weigh on results. The company plans to keep developing e readers and expand content offerings while exploring third party manufacturing for color Nook devices. Revenue at stores open at least a year fell 9.1 percent with Nook excluded showing a 7.2 percent drop.

New York Barnes & Noble William Lynch Michael Huseby Huseby Nook

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