International Business News - Scholastic 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 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 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