Add to Google Add HPANA to My Yahoo! LiveJournal syndicated feed RSS 1.0 feed
Translate to: Español · Français · Português · Italiano · Deutsch
Join the other 92,732 students at HPANA or Sign in
Search:
Scholastic

Broker bullish about book 7 Popular (7468)

MAY 25, 2006 at 5:36 AM

Posted by CHEESER
Source: AP via The Leaky Cauldron


Stocks of Scholastic will head north ahead of the publication of JK Rowling's to-be-named seventh book in her Harry Potter series, saysopens in new window analyst Drew Crum.

"We are compelled by the potential upside in the shares given the impending publication of 'Harry Potter' number seven, when considering the stock's history of advancing and peaking ahead of a book release," he said.

Crum researched educational publishers and found that conditions are ripe for growth, thanks to school budget increases mandated by the "No Child Left Behind" act. Scholastic is doubly special because of its status as the Potter pusher in America.

However, the New York Times last week intimatedopens in new window that books aimed at children will see quite the opposite:

...growth in children's books is expected to decline sharply in 2007, when no Harry Potter book is currently scheduled for publication.

Categories
· Companies  >  Scholastic, Inc.
· Books  >  Harry Potter and the Deathly Hallows
Related News
· 'Potter' series, JKR & Emma Watson top many lists
· 'Beedle' preparations; 8 million copies to be released worldwide
· Arthur Levine comments on 'Beedle the Bard'
· J.K. Rowling reveals favorite scene from 'Deathly Hallows'
· Scholastic announces 'Beedle the Bard' print run
Latest Headlines
· Rupert Grint's 'Wild Target' gets a UK release date
· 'Helping Haiti Heal' finale today, 2 PM EST
· Birds eye view of 'The Wizarding World of Harry Potter'
· 'Potter' stars on Vanity Fair's 'Hollywood's Top 40' list
· Confirmed: 'Deathly Hallows: Part I' to be released in 3D

Reader Comments (206)
click to read...

Your Thoughts
click to write...




Copyright © 2002-2010 HPANA. This work is licensed under a Creative Commons License. Creative Commons License

HPANA is an unofficial fan site, in no way affiliated with J.K. Rowling,
Scholastic Books, Bloomsbury Publishing or Warner Bros. Entertainment. All
trademarks and copyrighted material are the property of their respective owners.

News feed

About HPANA | Movie 6 | Send a news tip | Contact us | Privacy policy