Barnes & Noble Splits Off from Nook in March

Barnes & Noble Splits Off from Nook in March

It's the boot, for the Nook.

Investors cheered the decision, sending the bookseller’s shares up 5% to $21.65.

Despite spending years pouring money into Nook devices and their accompanying digital library, Barnes & Noble has struggled to keep pace with deeper-pocketed rivals like Apple with its iPad and Amazon.com with its Kindle.

NY Attorney General Goes After Barclays

New York Attorney General Press Conference

The New York Attorney General's office announced Wednesday that it is suing Barclays BCS over a lack of transparency in its "dark pools."

"The facts alleged in our complaint show that Barclays demonstrated a disturbing disregard for its investors in a systematic pattern of fraud and deceit," Attorney General Eric Schneiderman said in a statement.
The New York Attorney General's office has been actively pursuing high-frequency trading. It subpoenaed six different companies in April to get information about their trading activities, and Schneiderman penned an op-ed decrying the practice.