Scholastic Corp (NASDAQ:SCHL)

CAPS Rating: 3 out of 5

A children's publishing, education and media company, which creates quality educational and entertainment materials and products for use in school and at home, including magazines, children's reference and non-fiction materials, film, videos and toys.

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Player Avatar JohnStuartMill (61.77) Submitted: 12/21/2012 11:18:01 AM : Underperform Start Price: $26.80 SCHL Score: -7.66

The publishing industry will continue its gradual slide down. SCHL will lead the pack down with its recent cut in fiscal guidance. Cost cutting will help some, but it still leaves you with a diminished corporation. Cost cutting is targeted at 20M to 30M. This is all to meet the current revised fiscal guidance.

However, I do like the fact they have agreed to withhold management bonuses for fiscal 2013 (but I'll believe it when I see it).

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