Wednesday, January 16, 2008

Bloomsbury Guidance

Bucking the trend in yesterdays stock melt-down, shares of Bloomsbury Publishing rose on the back of a report from the company that operating results would be better than anticipated. The company is the publisher of Harry Potter but has invested broadly over the past 12 months in advancement of the series' denouement. The company reports that several specific titles, investments in the US and Germany and a number of key rights sales have contributed to the expected full year performance.

Full year results will be released on April 1st.


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