NEW YORK _ Scholastic Corp. on Thursday reported fiscal fourth-quarter net income of $282.3 million. The New York- based company said it had net income of $8.30 per share. Scholastic expects full-year earnings in the range of $1.35 to $1.55 per share, with revenue expected to be $1.7 billion.
April 24- Scholastic Corp said it would sell its educational technology and services business to publisher Houghton Mifflin Harcourt Co for $575 million in cash, as it focuses on its core children's book publishing business. Scholastic, publisher of the "Harry Potter" series in the United States, has also benefited from the popularity of Minecraft Handbook...
April 24- Book publisher Scholastic Corp said it would sell its educational technology and services business to publisher Houghton Mifflin Harcourt Co for $575 million in cash. The transaction is expected to add to Houghton Mifflin's net income and free cash flow in 2016 and save $10 million to $20 million annually, the company said. The deal is expected to...
Companies making headlines before the bell Thursday:
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
These are the people who have had the greatest influence, who caused the most disruption in business over the past 25 years.
Some of the names on the move ahead of the open.
Futures were higher Thursday, with major averages looking to extend their gains from the previous session's sharp rally after the Federal Reserve surprised markets by opting to maintain its $85 billion-per-month asset purchases.
Cramer makes the call on viewers' favorite stocks.
Books are back...at least in the news. We had three major announcements in the book business early this week.
Stocks ended lower in thin trading Monday, with the S&P and the Nasdaq posting a loss for the month of April, following a handful of mixed economic reports in addition to news that Spain slipped into a recession.
Based on those midnight numbers, Lionsgate may not have to worry about disappointing Wall Street.
The massive buzz for ‘The Hunger Games’ could be a game changer for Lionsgate, which is working to build itself into a Young Adult powerhouse.
Children’s Book Publisher Scholastic raised its profit forecast for the year on sales of ‘The Hunger Games’ which have spiked ahead of the first ‘Hunger Games’ movie, which opens a week from Friday.
CNBC's Julia Boorstin has the details on Scholastic shares soaring on spikes in "Hunger Games" sales.
Like shifting sands, financial markets are rapidly realigning, and that trend will be the thing to watch Thursday, when inflation data and the latest jobless claims are released.
The author of the mega-selling "Harry Potter" series has an agreement with Little, Brown in the United States and Britain to release her first adult novel, the publishers announced Thursday. The title, release date and details about the book, long rumored, were notannounced.
From the entire S&P 400 Mid Cap Index, which stocks are analysts expecting to have the biggest pops? Find out!
There are several firms that offer value to investors' portfolios, said Sandy Lincoln, chief investment strategist at M&I Investment Management, and Mark Travis, CEO of Intrepid Capital Funds.
Stocks sank in the last half hour of trading Thursday top close near the sesssion's lows amid light volume after a batch of economic reports failed to provide traders with enough optimism to continue a September rally. Walt Disney and GE fell, while Hewlett-Packard rose.