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.» Read More
Is there life after Harry Potter? Scholastic hopes mixing a book series with online gaming and card collecting can do the trick, according to Portfolio.com.
Following are the day’s biggest winners and losers. Find out why shares of AutoNation and RadioShack popped while Southwest Airlines and Pulte dropped.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Publisher of “The Babysitters Club” and “Clifford the Big Red Dog” this company is the largest children's book maker in the world. But the magic seems to be out of this stock post Harry Potter mania, as the company cut its 2008 forecast today. Who is it?
Harry Potter has cast a spell on readers throughout the world, who purchased millions copies of the boy wizard's final adventure, an industry data service said Monday.
Borders Group said that its more than 1,200 Borders and Waldenbooks stores around the globe sold approximately 1.2 million copies of "Harry Potter and the Deathly Hallows" on its first day of sales, Saturday.
The witching hour is almost here. Thousands of would-be warlocks, sorcerers and ordinary, non-magical Muggles lined up outside bookstores from Sydney to Seattle on Friday, eager to get their hands on "Harry Potter and the Deathly Hallows," the seventh and final volume in the boy wizard's saga.
I'm blogging from a Barnes and Noble which is readying for Harry Potter's final book going on sale at midnight. Handmade, full-size "magic" brooms are hanging from the ceiling and anxious Potter fans are rereading the past books in line for wristbands for tonight's pre-Potter party. This book is a pricey 35 dollars, five dollars more than the last book's listed price, and it's going to make several companies very, very happy.
Maybe it should be called "Harry Potter and the Deathly Discounts." British retailer Asda Group said Thursday that it would sell the final installment of the Harry Potter series for just 5 pounds ($10), just over one-fourth of the recommended retail price.
Book publisher Scholastic said Thursday its fiscal fourth-quarter profit climbed 5% on increased international and media, licensing and ad sales, but the result missed Wall Street expectations.
Scholastic, which distributes the Harry Potter book series in the United States, said Wednesday it will take legal action against two companies for distributing and selling copies of "Harry Potter and the Deathly Hallows" before it goes on sale July 21.
While millions eagerly await this Friday's night release of the seventh and final Harry Potter book, photos of what appear to be the book's pages are circulating on the web. It's unclear if the leaked book is the real thing. But, I say that all this talk of leaking and piracy will NOT hurt the hallowed book's release.
The seventh and final book in J.K. Rowling's Harry Potter series has become online retailer Amazon's most pre-ordered product, with almost 1.6 million copies bought globally ahead of the book's release on July 21.
Merrill Lynch, Target, Palm, Tesoro and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Shares of Scholastic surged Monday after the publisher of the "Harry Potter" series and educational texts announced a share buyback plan which could add about 8 percent to fiscal 2008 earnings per share.
Mark from Texas wants to know about Posco (PKX), the world's third-largest steelmaker. He wonders why PKX appears to trade at a discount to its peers in the sector?
Hey folks. We have a guest blogger today--Jeff Mishlove. You may have seen him on the "How To Win" program on the contest, giving his picks, which have turned up some pretty good ones (Jo-Ann Stores for example). I asked Jeff to write down a few thoughts and he came up with what follows. He talks about his strategy--the "short squeeze" and how it works. Pretty good reading if you ask me.
Okay folks, here's a look at the stocks that you are trading and the ones that are paying off--and the one's that aren't. The info is from Thursday's close. Some of the "usual suspects" are still on the lists but COMS seems to be a new player in the most active. PALM is one of the most active, but as you can see--not paying off that well. ARXT is making investors happy. Widely helds are pretty much what they have been lately. And FYI: Contest registrations to date: 415,962.
Shares of Scholastic fell sharply after the publisher reported a smaller quarterly loss as the performance of its children's book division improved, but cut its full-year profit outlook to below Wall Street expectations.
Here's one more segment from Friday night's "How To Win" program on CNBC. We hear from a couple of the bloggers--the stock pick bloggers who are giving advice--and are actually playing to win the contest. John Carney is editor at dealbreaker.com and Jeff Mishlove is from Forecastingsystems.com and wrote a "how to" manual on the contest itself.
As The Stomach Turns: Ah, the pressure of producing breaking news. I’ve done it enough times, yet I always find the monthly Philadelphia Fed report nerve wracking...