Corporate News
The Baby-sitters Club Is Back With a New Novel and Re-Issues of the Beloved Series by Bestselling Author Ann M. Martin
The Summer Before, a Prequel
to the Phenomenally Successful Scholastic Series, to Be Published in April 2010
Scholastic Reports Second Quarter Results for Fiscal 2010
New York — December 17, 2009 — Scholastic Corporation (NASDAQ: SCHL)today reported strong results for the second quarter ended November 30, 2009, with a nearly 100% increase in higher margin educational technology sales, as well as margin benefit from targeted price increases and company-wide cost reductions. Before one-time, mostly non-cash charges, the Company recorded a 30% increase in earnings. In addition, substantial free cash flow (as defined) further reduced debt. The Company affirmed its fiscal 2010 guidance.
Scholastic Corporation Announces Third Quarter Dividend
New York — December 16, 2009 — Scholastic Corporation (NASDAQ: SCHL) announced that its Board of Directors today declared a quarterly cash dividend of $0.075 per share on the Company’s Class A and Common Stock for the third quarter of fiscal 2010. The dividend is payable on March 15, 2010 to shareholders of record as of the close of business on January 29, 2010...
About Scholastic
Scholastic Board Authorizes Further Repurchase of up to $20 Million in Common Stock
NEW YORK — December 16, 2009 — Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that its Board of Directors has authorized a further program to repurchase up to $20 million of its common stock. Under this program, which will be funded with available cash, the Company may purchase shares, from time to time as conditions allow, on the open market or in negotiated private transactions. The share repurchase program may be suspended at any time without prior notice.
Scholastic Names the Decade's Ten Big Ideas in Education
December 16, 2009 (New York, NY) – As 2009 draws to a close, Scholastic, the global children’s publishing, education and media company, today named 10 Big Ideas in Education from the first decade of the 21st Century. They are:
Scholastic Launches New Book Ordering Website for Schools and Libraries
NEW YORK, N.Y. — December 9, 2009 — Schools and libraries now have a faster way to browse and buy collections of quality children's literature from Scholastic (NASDAQ: SCHL), and to have books delivered shelf-ready to classrooms and libraries.
Suzanne Collins's Third Book in The Hunger Games Trilogy to be Published on August 24, 2010
The Nation's Most Promising Teen Writers Published in New Anthology The Best Teen Writing of 2009
(New York, NY, November 23, 2009) – Highlighting the emerging talent of American teen writers, the Alliance for Young Artists & Writers has released THE BEST TEEN WRITING OF 2009 (Scholastic (NASDAQ; November 2009).
Scholastic Book Clubs ClassroomsCare Inducts More Than 10,000 Classes to Hall of Fame
NEW YORK, N.Y. — America's kids are embracing a challenge set forth by Scholastic Book Clubs and its Ambassadors of Reading, Eli and Peyton Manning earlier this Fall. At the halfway point in Scholastic Book Clubs' ClassroomsCare read-to-give program, children across the country are exceeding expectations to have their class read 100 books by December 18th.
The Nation’s Most Promising Teen Writers Published In New Anthology The Best Teen Writing Of 2009
(New York, NY, November 23, 2009) – Highlighting the emerging talent of American teen writers, the Alliance for Young Artists and Writers has released THE BEST TEEN WRITING OF 2009 (Scholastic (NASDAQ; November 2009). The anthology features work from young writers, ages 12-18, who were honored for their writing by
