Textbook Rentals, Mark Hurd: Hot Trends

Textbook Rentals, Mark Hurd Resigns, Interest Rates and Motorola Droid are the trending topics on Google and Yahoo.
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(Hot Trends article updated with information on textbook rentals and discounts.)

NEW YORK (

TheStreet

) -- "Textbook tentals" is a trending search topic today as students prepare to go back to school and look for cheap alternatives to buying expensive college course books.

College students can buy their books at their college bookstores, but renting them is proving a short-term solution for saving money. Bookseller

Barnes & Noble

(BKS) - Get Report

recently expanded its textbook rental program, which it started in January. The number of stores offering the program hasn't been specified, but Barnes & Noble said that hundreds of colleges and universities have signed up.

Through the rental program, students pay a discounted price for a book, then can return it in stores or by mail. They are usually due back within 10 days of the last day of finals.

Borders

(BGP)

,

Amazon

(AMZN) - Get Report

and many other book providers have a "used-book" option. Used books can go for as much as 90% off the original price.

"Mark Hurd resigns" is a popular search topic today following news that the CEO of

Hewlett-Packard

(HPQ) - Get Report

has stepped down following allegations of sexual harassment.

H-P shares are down around 8% today in response to his resignation after it hit a 52-week low of $39.92 during after-hours trading on Friday.

His departure comes after allegations that he sexually harassed an independent marketing contractor named Jodie Fisher. The two reached a private settlement, and he was cleared of the charges. He was still found guilty of editing expense reports in attempts to hide his relationship with Fisher.

Fisher released a statement on Sunday in which she stated "Mark and I never had an affair or intimate sexual relationship."

"Interest rates" is a hot topic on

Yahoo!

(YHOO)

this morning after mortgage rates hit an all-time low. The weekly survey conducted by

Freddie Mac

(FMCC)

reported the average 30-year-fixed

mortgage rate dropped to 4.49%

from 4.54% last week. The 15-year-fixed mortgage rate came in at 3.95%, down from 4% a week ago.

These

historic lows

are giving homeowners the opportunity to refinance and enticing more potential owners. A recent report from The Mortgage Bankers Association showed that the number of applications for home loans was up 1.3% on Wednesday from a week earlier.

"More recently, housing investment picked up in the second quarter of this year as the homebuyer tax credit spurred new and existing sales and low mortgage rates encouraged remodeling," said Frank Nothaft, vice president and chief economist at Freddie Mac.

Home prices are slowly rising, indicating an increased demand in the housing market.

"Motorola Droid" is a trending search topic following news that the smartphone will be upgraded to Android 2.2, also known as Froyo, in early September.

According to several reports,

Motorola

(MOT)

will be releasing the Droid 2 within the next few weeks. The new device will cost $599, or $199 with a 2-year contract.

Rumors are also swirling that Motorola plans to produce a tablet computer on

Google's

(GOOG) - Get Report

Android software that would challenge the

Apple

(AAPL) - Get Report

iPad.

The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.

-- Reported by Theresa McCabe in Boston.

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