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Industry Stocks: October Performances

by Staff -- Publishers Weekly, 11/5/2007

COMPANYSEPT. 28OCT. 31% CHANGE
Winners
Borders Group13.3315.4215.7%
Scholastic34.8639.5813.5
R.R. Donnelley36.5640.2910.2
Barnes & Noble35.2638.649.6
Courier Corp.35.2137.797.3
Losers
CBS31.5028.38-9.9%
Educational Dev. Corp.6.456.10-5.4
Amazon93.1589.15-4.3
John Wiley44.9343.98-2.1
McGraw-Hill Cos.50.9150.23-1.3
Publishers Weekly
Stock Index510.02522.522.4%
Dow Jones Aver.13,895.6313,930.010.2%
The Publishers Weekly Stock Index ended a two-month skid in October, rising 2.4% in the month with stock prices increasing at 10 companies and falling at seven. Borders was the biggest winner in the month due in part to a decision by a major shareholder group to seek representation on the retailer's board. The request increased speculation over what the future may hold for the country's second-largest bookstore chain. On the downside, Amazon's stock price, which had risen steadily all year, fell in October. Despite a big increase in third-quarter sales, investors began worrying again about its margins.

Source: Reed Business Information


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