International Business News - SCHL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Counting dollars this holiday season, Tom De Santes wants to avoid buying high-priced techno gadgets as gifts for his two sons. Instead, he is going to buy the boys, ages 6 and 7, a classic from his own childhood: Lincoln Logs. http://www.ibtimes.com/data/articleimgs/181294-toys-retro-appeal.jpg http://www.ibtimes.com/articles/20081124/in-hard-times-nostalgic-toys-strike-a-chord.htm http://www.ibtimes.com/articles/20081124/in-hard-times-nostalgic-toys-strike-a-chord.htm Mon, 24 Nov 2008 19:56:08 EST Scholastic Corp., a publisher of children's and education books, said Thursday that its board authorized the repurchase of up to $10 million of company stock. http://www.ibtimes.com/articles/20081120/scholastic-board-authorizes-10m-stock-buyback.htm Thu, 20 Nov 2008 20:38:04 EST Children's book publisher Scholastic Corp. maintained its fiscal full-year profit forecast Thursday after reporting a wider first-quarter loss. The company still anticipates earnings for fiscal 2009 in a range of $1.75 to $2.10 per share on revenue between $2 billion and $2.1 billion. http://www.ibtimes.com/articles/20080925/scholastic-reaffirms-fiscal-2009-profit-outlook.htm Thu, 25 Sep 2008 07:50:53 EDT Scholastic Corp. said Thursday its fiscal first-quarter loss widened compared with a year-ago period that benefited from a new Harry Potter book. The children's book publisher reported a loss of $49.1 million, or $1.30 per share, compared with a loss of $2.8 million, or 7 cents per share, in the same quarter a year ago. http://www.ibtimes.com/articles/20080925/scholastic-1q-loss-widens-no-new-potter-book.htm Thu, 25 Sep 2008 11:03:00 EDT Children's book publisher Scholastic Corp. said Friday it closed the sale of its U.S. direct-to-home continuities business to Norway-based Sandvik AS, which operates consumer-direct children's book clubs. http://www.ibtimes.com/articles/20080829/scholastic-sells-segment-to-norwegian-company.htm Fri, 29 Aug 2008 13:07:47 EDT Scholastic Corp. said Thursday it entered an agreement with Norway-based Sanvik AS, which operates consumer-direct children's book clubs, to sell its direct-to-home continuities business. http://www.ibtimes.com/articles/20080807/scholastic-to-sell-segment-to-norwegian-company.htm Thu, 07 Aug 2008 10:00:05 EDT Among the earnings projection stories for Thursday, July 24, from AP Financial News: NEW YORK (AP)--Qualcomm, the world's largest maker of chips that run cell phones, issued fourth-quarter and full-year earnings guidance Thursday that fell short of Wall Street targets, but the stock soared on a broad-ranging legal settlement. http://www.ibtimes.com/articles/20080724/outlook-roundup-qualcomm-scholastic.htm Thu, 24 Jul 2008 11:04:16 EDT Among the earnings stories for Thursday, July 24, from AP Financial News: CARMEL, Ind. (AP)--ITT Educational Services Inc., a for-profit technical education company, on Thursday said growth in student enrollment boosted second-quarter profit 31 percent, topping Wall Street expectations. http://www.ibtimes.com/articles/20080724/earnings-roundup-itt-scholastic.htm Thu, 24 Jul 2008 10:56:07 EDT Educational publishing company Scholastic Corp. on Thursday it plans to reduce costs by $25 million to $35 million through job cuts and other measures in fiscal 2009, and offered earnings guidance for the year. http://www.ibtimes.com/articles/20080724/scholastic-to-cut-jobs-in-fiscal-2009-offers-view.htm Thu, 24 Jul 2008 08:38:11 EDT Educational publishing company Scholastic Corp. on Thursday reported a fiscal fourth-quarter loss as revenue dipped and the company recorded a large loss from discontinued operations. http://www.ibtimes.com/articles/20080724/scholastic-has-4q-loss-on-discontinued-operations.htm Thu, 24 Jul 2008 08:14:17 EDT Children's publishing and education company Scholastic Corp. on Wednesday said it will repurchase up to $20 million in stock. The program will be funded by available cash. The company recently completed a $20 million share repurchase program begun in December 2007. http://www.ibtimes.com/articles/20080528/scholastic-to-buy-back-20m-shares.htm Wed, 28 May 2008 14:24:25 EDT