Scholastic news

[columbiatexan]

No: HPFGUIDX 37762

This care of Yahoo! Finance's Briefing.com In Play page--dontcha just 
love it when different serious interests of yours (in this case, 
finance/business and Harry Potter) collide:

8:37AM Scholastic Corp cut to Hold by Pru on valuation (SCHL) 56.40: 
Prudential downgrades to HOLD from Buy as stock price exceeds firm's 
$56 price target. Whiledowngrade is based on valuation, firm 
acknowledges some uncertainty exists regarding, at a minimum, the 
timing of the release of Harry Potter Book V. Firm's interest in 
SCHL's shares could be renewed if the Harry Potter-induced earnings 
volatility were reduced, perhaps through a multi-book contract with 
Ms. Rowling. 

Hmmm...

Rohit (columbiatexan)