Book Stock Watch: Quarterly Qualms

By Jason Boog 

hclogod.gifQuarterly reports made bookselling headlines this week, as HarperCollins (and parent News Corp) pondered a rough financial year. Today, Publishers Weekly reported a similar decline at Simon & Schuster: “total revenue at the publisher fell 2.5% in the quarter, to $181.4 million, while operating profit tumbled 58.2%, to $6.1 million.”

GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded publishing stocks hand-picked by our readers–including company name, symbol, current stock price, and price increase or decrease at week’s close.

-Name- -Symbol- -Last price- -Change-
The McGraw-Hill Co. MHP 30.04 0.18
Books-A-Million, Inc. BAMM 9.57 0.27
Borders Group, Inc. BGP 3.92 0.05
Amazon.com, Inc. AMZN 85.33 0.86
Barnes & Noble, Inc. BKS 24.04 1.04
Wiley John & Sons Inc. JW.A 31.04 0.48
Scholastic Corporation SCHL 24.25 0.48
News Corporation NWS 13.05 0.67
Google Inc. GOOG 457.1 6.74
Apple Inc. AAPL 165.61 1.7