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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:16 EDTHMHCHoughton Mifflin sees FY14 total net sales to increase by 5%-8% vs. last year
The company said, "The company will provide annual guidance on revenues, pre-publication costs or content development and addressable market size. In FY14, HMH expects to improve net sales, driven primarily by the company’s education segment due to the improving adoption and open territory markets. As a result of this improvement, the company expects total net sales in FY14 to increase by 5%-8% over FY13 revenues of $1.379M. Additionally, expected pre-publication costs or content development spend for FY14 will be approximately $100M-$120M. HMH’s addressable market, the market where it primarily sells its instructional resources for grades K through 12, is expected to grow 13% to $2.9B in FY14 from $2.5B in FY13."
News For HMHC From The Last 14 Days
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October 9, 2014
11:59 EDTHMHCLazard reports 5.67% passive stake in Houghton Mifflin
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