Industry Stocks: January Performances

Company Dec. 31 Jan. 29 % Change
With the stock prices of only two companies posting increases in January, the Publishers Weekly Stock Index fell 4.2% last month, a slightly steeper decline than the 3.5% decline recorded by the Dow Jones Industrial Average. The only company whose stock price showed a meaningful gain last month was the McGraw-Hill Cos., helped in part by an optimistic forecast for 2010. Borders had the largest decline in January as poor holiday sales and the departure of CEO Ron Marshall drove the retailer's stock price below $1 per share. Amazon's sizzling stock price cooled off a bit in January despite stellar results for the fourth quarter. The e-tailer's stock price fell even more following news of its e-book fight with Macmillan last week. After falling 8.3% in January, Barnes & Noble's stock price rose in the first week in February after investor Ron Burkle, who has a 19% stake in the retailer, said he wanted to boost his stake to as much as 37%.
Source: Reed Business Information
McGraw-Hill Cos. 33.51 35.45 5.8%
Scholastic 29.83 29.90 0.2
Borders Group 1.18 .86 -27.1
R.R. Donnelley 22.27 19.82 -11.0
Walt Disney Co. 32.25 29.55 -8.4
Barnes & Noble 19.07 17.48 -8.3
CBS 14.05 12.93 -7.9
Amazon 134.52 125.41 -6.8
Books-A-Million 6.72 6.37 -5.2
Hastings Ent. 4.46 4.24 -4.9
Publishers Weekly
Stock Index 407.14 389.76 -4.2
Dow Jones Aver. 10,428.05 10,067.33 -3.5