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MediaBistro.com (Free subscription) | 08/07/2009
Quarterly 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...
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MediaBistro.com (Free subscription) | 08/01/2009
In bookselling headlines, 17-year-old Justin D. Gawronski sued Amazon.com, Inc. for remotely deleting "1984" from his Kindle. The move allegedly zapped the high school student's electronic notes about George Orwell 's novel in the process, according to Trading Markets . GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created...
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MediaBistro.com (Free subscription) | 07/24/2009
Amazon.com, Inc.'s stock dipped today, following a second quarter earnings report released yesterday. As MSN Money reports: "investors haven't been pleased with the report, sending shares of AMZN down nearly 7% in Friday's early trading." GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight publicly-traded...
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MediaBistro.com (Free subscription) | 07/20/2009
Today the Wall Street Journal studied the ongoing re-organization at Barnes & Noble Inc.: "The New York retailer ... said Friday it has brought its small in-house publishing operations under its Sterling Publishing unit and laid off a 'handful' of employees." GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this...
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MediaBistro.com (Free subscription) | 07/10/2009
This weekend aspiring comic book publishers, artists, and writers can take a four-hour crash course in "The Business of Comics" at the Asian American ComicCon : "For anyone who's ever dreamed of joining the comics world, here's your chance to get an insider's look at the commercial side of graphical storytelling. Comic book pros from every corner of the biz introduce their fields and...
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MediaBistro.com (Free subscription) | 07/02/2009
Despite Apple, Inc. CEO Steve Jobs 's remark that " people don't read anymore ," his company has a mysterious page-turning patent registered. Whatever they are doing with the patent, the company has earned a spot on our weekly Book Stock Watch. GalleyCat has been tracking the stock performance of the major companies that influence the bookselling business. We created this chart with eight...
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MediaBistro.com (Free subscription) | 06/26/2009
Amazon.com, Inc. (AMZN) made the biggest bookselling headlines this week. The WSJ reported that Amazon.com Inc. mailed a letter to California lawmakers, warning that the company will "end its business with marketing affiliates in the state if legislation passes forcing the Seattle e-commerce company to collect sales tax from California customers." GalleyCat has been tracking the stock performance...
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MediaBistro.com (Free subscription) | 06/19/2009
Even as quarterly profits recently dipped 16 percent, Reuters reports that John Wiley & Sons Inc (JW.A) expects a brighter 2010: "The company, which recently inked a deal to become the official publication partner for the 2010 winter Olympics, expects 2010 revenue to rise on a currency neutral basis." GalleyCat has been tracking the stock performance of the major companies that influence...
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Radon Mitigation Pittsburgh (Free subscription) | 06/18/2009
June 18, 2009 (FinancialWire) BestCalls conference calls scheduled today at 2:30 to 4:15 p.m., via the Investrend Broadcast Syndicate, include Wiley John & Sons Inc. (NYSE: JW.A),Rigel Pharmaceuticals Inc. (NASDAQ: RIGL), Natl Media Technologies (NASDAQ: NATL), StemCells Inc. (NASDAQ: STEM), Molecular Insight Pharmaceutic (NASDAQ: MIPI). Conference calls are often impacted by market trends, geopolitical...
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MediaBistro.com (Free subscription) | 06/12/2009
This week Amazon.com, Inc.'s CFO Thomas Szkutak told investors to expect "good returns" on Kindle sales, without revealing concrete figures. The WSJ reports : "'We think we can make good returns over time on both the device and the content,' Thomas Szkutak told attendees at a technology conference hosted by Credit Suisse Wednesday." GalleyCat has been tracking the stock performance...
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MediaBistro.com (Free subscription) | 06/05/2009
Analyzing Google's promise to enter the digital book market, commentary in a Reuters article speculated : "Amazon will likely remain the e-books leader, but that the move by Google may force Amazon to provide publishers with better financial terms and offer aggressive discounts on the Kindle." For this reason GalleyCat has added Google to our Book Stock Watch feature. GalleyCat has been...
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MediaBistro.com (Free subscription) | 05/29/2009
Is Amazon.com, Inc. looking to build? According to TheStreet.com , the bookseller won't comment on financial blogger rumors about a mysterious filing : "The online retailer received a patent earlier this week for a mini-building design that has sent rumbles throughout the retail world -- or, more specifically, on several online financial blogs -- of a possible brick-and-mortar business venture...
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Business Wire (Free subscription) | 05/07/2009
CHICAGO--(BUSINESS WIRE)--Zacks Equity Research picks Acorda Therapeutics, Inc. (Nasdaq: ACOR) as Bull of the Day and The Corporate Executive Board (Nasdaq: EXBD) as Bear of the Day. In addition, the analysts at Zacks
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Medical News Today (Free subscription) | 05/06/2009
Patients with chronic hepatitis C that has been resolved through therapy or immune response may still be able to infect others with the virus. That finding is from a new study in the May issue of Hepatology, a journal published by John Wiley & Sons on behalf of the American Association for the Study of Liver Diseases (AASLD). The article is also available online at Wiley Interscience (http://www....
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Medical News Today (Free subscription) | 05/06/2009
Women with a history of hypothyroidism face a significantly higher risk of developing liver cancer, according to a new study in the May issue of Hepatology, a journal published by John Wiley & Sons on behalf of the American Association for the Study of Liver Diseases (AASLD). The article is also available online at Wiley Interscience (http://www.interscience.wiley.com).