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Barnes & Noble Booksellers

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Samsung and Barnes & Noble Announce Partnership to Create Co-Branded Tablets


Samsung Galaxy Tab 4 NOOK Combines Leading Samsung Tablet Technology with the Award-Winning NOOK® Reading Experience


Galaxy-Tab-4-NOOK_25.gif

Samsung and Barnes & Noble Announce Partnership to Create Co-Branded Tablets; Samsung Galaxy Tab 4 NOOK. New Tablet combines leading Samsung tablet technology with award-winning NOOK reading technology.
New York, NY & Ridgefield Park, NJ – June 5, 2014 – Samsung Electronics America and NOOK Media, a subsidiary of Barnes & Noble, Inc. (NYSE: BKS), today announced a partnership to develop co-branded Samsung Galaxy Tab 4 NOOK tablets that feature the award-winning Barnes & Noble digital reading experience.

The co-branded devices will combine popular Samsung Galaxy Tab 4 hardware with customized NOOK software to give customers powerful, full-featured tablets that are designed for reading, with easy access to Barnes & Noble’s expansive digital collection of more than three million books, leading magazines and newspapers.

The companies are expected to introduce Samsung Galaxy Tab 4 NOOK in a 7-inch version in the U.S. in early August. The co-branded tablets will be prominently displayed along with NOOK eReaders and sold at Barnes & Noble’s nearly 700 bookstores across the U.S. and online at bn.com, one of the leading e-commerce sites.

“We are very excited and proud to partner with Samsung, a world-class technology and tablet leader, to create customized co-branded devices featuring our valuable NOOK reading experience and digital content catalog for Barnes & Noble customers nationwide,” said Michael P. Huseby, Chief Executive Officer of Barnes & Noble, Inc. “Standing behind these great new devices will be the power of our 40,000 Barnes & Noble booksellers combined with our deep bookselling and retail expertise to provide sales support and personalized in-store customer service for our lineup of new Samsung Galaxy Tab 4 NOOK products. Partnering with Samsung brings our customers great new products and evidences our commitment to our NOOK customers and growing our digital content business.”

Mr. Huseby noted that the Company will continue to offer its NOOK GlowLight™ and continue to provide customer support for its millions of customers. He added that the partnership is a major milestone in Barnes & Noble’s efforts to rationalize the NOOK business. Working with Samsung on co-branded tablets will allow the Company to reduce its exposure to the substantial cost structure and other financial commitments that accompany ownership of the hardware production aspects of the NOOK tablet business. Going forward, the Company will be able to focus on its proven expertise in acquiring and delivering the best digital reading experience to grow NOOK content sales.

“Samsung has had a strong relationship with Barnes & Noble, offering the company’s award-winning reading experience to users of Galaxy Tab products,” said Tim Baxter, President of Samsung Electronics America. “Samsung is dedicated to providing consumers with choices that best fit their lifestyle. So, we are excited to be taking this next step with Barnes & Noble to offer Galaxy Tab 4 devices that are tailored to the needs of their customers and enhance the NOOK reading experience.
 

Ohene

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Got my eye on QQQ calls for a strike of 94 expiring June 27. Closing price was only 33 cents :patrice:. A 2% ETF movement in the next week and a half and I double my money


At this point it seems that regardless the big boys and HFTs are moving the market up. To go against them is futile
 

Domingo Halliburton

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Got my eye on QQQ calls for a strike of 94 expiring June 27. Closing price was only 33 cents :patrice:. A 2% ETF movement in the next week and a half and I double my money


At this point it seems that regardless the big boys and HFTs are moving the market up. To go against them is futile

I can't really speak in the short term or the Nasdaq. But I've changed my mind on it. I think the S&P is going to 2100-2200 by the end of the year.

two longs I really like right now are NVGS and TRN
 
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Ohene

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I can't really speak in the short term or the Nasdaq. But I've changed my mind on it. I think the S&P is going to 2100-2200 by the end of the year.

two longs I really like right now are NVGS and TRN
agreed. I was telling my homie a couple weeks ago that its touching 200 by end of Summer and i cant see why thats a bad thing. Even if you look at the Dow constituents. the valuations are very reasonable if not cheap compared to before the financial crisis. The low volume had me suspicious but after yesterday :camby: this shyts off to the races.

In 2 years I expect it to come back down to earth a little bit though. Not sure whatll cause a minicrash other than a lot of the new tech startups but itll be intersting to see. I'll have some December 2016 VXX calls for then.
 

88m3

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I can't really speak in the short term or the Nasdaq. But I've changed my mind on it. I think the S&P is going to 2100-2200 by the end of the year.

two longs I really like right now are NVGS and TRN

I was thinking around 4000



No dividends?
 

88m3

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yeah I see it going up. a lot of people keep saying correction but it will be interesting to see how a post - QE market plays out.

Yeah, that's maybe a year and a half off still?

I was pretty nervous when they started tapering but the world is still here.
 

7oclock

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damn my RUT iron condor taking a beating today - glorious move in the RUT - but hoping for a pullback for next week.


btw, just switched brokers I'm going with interactive brokers going forward - those commissions for 1 or 2 options are insane. I should have done this along time ago but I like OptionExpress tools - will still be using OX for large trades, but for me 1-10 option trades , I will be taking advantage of IB's superior commissions.

If you're paying over 4% in commissions on any trade -- you should look to switch brokerages.


RUT iron condor is in shambles but by rolling the lower strikes, I've been able to manage and hedge the loss, thankfully.

meanwhile , I was bullish some calendars and call spreads - so expect to start seeing payoffs on those
 
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