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Pearson "On Track," and PRH "Performed Well"

Pearson released a brief third quarter trading update (free of actual numbers, in the European style), showing sales for the first nine months up 1 percent at constant exchange rates and flat on an underlying basis, while declining on real terms because the pound was strong against the dollar earlier…

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Amazon Misses Wall Street's Expectations On Bigger Loss; Shares Decline

Amazon announced third quarter sales after the close of the market on Thursday afternoon, missing analysts' expectations on both sales and earnings and disappointing on guidance for the next quarter as well. The stock dropped sharply in after-market trading Thursday, down over 11 percent (or $35 a share), though in regular…

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Bloomsbury Declines In First Half on Lower Adult Trade Sales

Bloomsbury reported weak sales and earnings for the first half of 2014, with revenues down 5 percent (or £2.6 million) to £46.6 million, and pre-tax profit down 26% (or £.6 million) to £1.7 million. The company blamed the comparison to an "exceptional" first half last year on the release of…

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Apple Celebrates Another Big Quarter

Apple reported fiscal fourth quarter results after the close of the market on Monday, with a strong launch of the new iPhones moving over 39 million units and taking company sales to $42 billion for the quarter, up 12 percent compared to a year ago. iPad sales declined 13 percent…

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Google Play Maintains Rapid Growth, and More

Google reported third quarter revenues after the close of the market on Thursday, and the company continues to show significant growth in the business segment that includes the Google Play Store. Called "other revenues" by the company (also including their hardware line and their Enterprise software business), the segment had…

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Books Sales Fall Again At WH Smith, As Profits Improve

WH Smith reported preliminary results for fiscal 2014, with sales at their High Street stores falling 6 percent to £684 million. Book sales overall fell more, down 8 percent for the year as the "market continues to be challenging" (after declining 6 percent in the previous year). Same-store sales were…

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Briefs: Bloomsbury Considered Possible Osprey Buyer; Canongate 2013 Results; and More

On the heels of the Osprey Group selling off Angry Robot, Watkins, and Nourish earlier this month to entrepreneur Etan Ilfeld, the remaining divisions are still potentially up for sale, with Bloomsbury considered to be the most likely buyer, the Bookseller reports. They say the current speculation is that "both Bloomsbury…

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Sales Rise, But So Does the Seasonal Loss At Scholastic

In Scholastic's fiscal first quarter, ending August 31, sales rose $7.5 million, up less than 3 percent at $284 million, but their seasonal loss rose more -- increasing by the same amount, at $53.4 million, and 16 percent higher than the loss a year ago. (The company generally has a…

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More Facts From Barnes & Noble's Filings

As usual, Barnes & Noble's formal quarterly report to the SEC includes some additional details of interest not included in Tuesday's press release and investor call, though this time around those additional disclosures are pretty modest. In the most recent quarter, BN customers activated just $6.2 million of the credits…

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Wiley Q1 Results Up, But Trade Book Sales Decline

Wiley reported first quarter 2015 results of $438 million, up 4 percent on an "adjusted" basis. Net income of $33.5 million was up 9 percent on a currency-neutral basis, but virtually flat in real terms. The professional development segment, where Wiley's trade business remains, rose $8 million to $92 million…

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