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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:14 EDTHMHCHoughton Mifflin reports Q4 EPS (46c), may not compare to consensus 95c
Reports Q4 revenue $299M, may not compare to consensus $550.15M. The company says its Q4 net sales are primarily as a result of an agreement with a reseller for product sales in private, parochial and charter school markets similar to a 4Q12 reseller transaction. Adjusted EBITDA for Q4 was $55M.
News For HMHC From The Last 14 Days
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January 21, 2015
10:01 EDTHMHCOn The Fly: Analyst Downgrade Summary
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08:57 EDTHMHCHoughton Mifflin downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Houghton Mifflin to Equal Weight from Overweight. The firm expects reduced 2016 revenue growth as tailwinds from new Common Core teaching standards slow, a reduction in state budgets, and said digital adoption is years away. Price target lowered to $18.
06:27 EDTHMHCHoughton Mifflin downgraded to Equal Weight from Overweight at Morgan Stanley

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