April 30 - Microsoft forms an alliance with Barnes & Noble giving it a footing in the e-book market.
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This. Another battle lines are drawn in the arms race is picking up Microsoft entering the e-book wars with the 300 million dollar investment. In Barnes and Noble's digital and college business it's setting the stage 483 way fight between tech giant apple Amazon and Microsoft. Barnes & Noble stock is soaring but not everyone is celebrating 8065%. Run up as -- columnist Felix salmon points out at last count the short interest on BJS was a whopping. Nineteen million shares a bit of a short squeeze underway as well. Kitty cat have a tablet players overall I'm making out a little bit of -- mixed bag you can see apple with the red arrow there. Otherwise Green arrows and Microsoft have pretty flat ebitda may just signal the beginning of a clash between the titans as big house for position. And market share in all things digital -- override it seemed ready areas Clinton today put an S&P 500 warning winning streak in jeopardy. Materials up more than 1% after he industrials. Not too far behind. Oil futures are down today on worries over -- sliding into another recession. Gold prices also turning lower after data showed only slight improvement personal spending in the US. And bond prices are rising on anxiety over your economy. -- stocks like let's -- writers markets correspondent -- without. Here's this and of course sorry about 20% today after Energy Transfer Partners agreed to by the company for five point three billion. The deal that values sonoco at a premium of more than 22% from its Friday close. Energy transfer is making a deal in order to access the crude oil transportation business. And right now here's -- sonoco aura about 20%. -- energy transfer is up about 1%. Also our radar today shares of Gen-Probe they are soaring more than 18% after medical device make a whole logic. Offered by the company for three point seven billion dollars in which -- And finally over 100 S&P 500 companies stepping forward with their quarterly results. This week. If you break down earnings -- I sectors so far industrials and information technology have highest growth rates for the quarter while materials is lagging behind. Companies reporting today include Humana shares are down following at 21% decline in quarterly profit. The NYSE also saw its profit -- by a must have blurred as banks have failed deal with Deutsche of course meanwhile -- beating analyst assessments today. Keep and I answered the Chesapeake office deep and I served -- -- -- reports results tomorrow. That's up trading at the united Ted Rogers and this is partners.
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