Record has been notified of the termination of a Passive Hedging mandate of $ 1.7 billion
expected during the current quarter.
Not exact matches
The company said it
expects another low single - digit decline in the
current quarter, which it largely attributes to the company's strategy of cutting ad loads, or how long commercials run
during its shows.
«The launch of NOOK Tablet, combined with the product enhancements to NOOK Color and $ 99 NOOK Simple Touch, represents the highest - quality portfolio of digital reading products on the market at incredible values,» said William Lynch, chief executive officer of Barnes & Noble, Inc. «We
expect to sell millions of devices
during our third
quarter, adding to the millions of
current NOOK customers.
During the
quarter Record was awarded, subject to contract, a Passive Hedging mandate representing $ 2.2 billion AUME, and signed a Multi-Strategy mandate of $ 0.3 billion, with both
expected to fund in the
current quarter.
Based on first
quarter results, and a schedule of
current rig utilization and contracted dayrates provided by Investor Relations, we
expect the company to earn $ 35 - 50m in cash from operations
during 2009.