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<item><link>http://www.alacrastore.com/research/s-and-p-credit-research-Summary_Scholastic_Corp-754451</link><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">754451</spcred:docid><guid isPermaLink="false">spcred/754451</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>30 Oct 2009 01:23:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Scholastic Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><description>The latest Summary from S&amp;P</description><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Publishing</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">784263</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">807066</spcred:index_entry_primcusip><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">807076</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">25401040 254010 2540 25</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Scholastic Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">110992</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SCHL</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">LEVFIN</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Media</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B2447382</link><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2447382</ccbn:docid><guid isPermaLink="false">ccbn/B2447382</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><pubDate>24 Sep 2009 02:06:00 EST</pubDate><ccbn:eventid xmlns:ccbn="http://www.alacra.com/ccbn">2447382</ccbn:eventid><ccbn:headline xmlns:ccbn="http://www.alacra.com/ccbn">Edited Brief of SCHL earnings conference call or presentation, 24-Sep-09 8:30am ET</ccbn:headline><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic Q1 2010 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SCHL</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am ET</ccbn:time><title>Scholastic Q1 2010 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><description>...Jeffrey Mathews Scholastic Corp - VP IR Dick Robinson Scholastic Corp - Chairman &amp; CEO Maureen O'Connell Scholastic Corp - Chief Administrative Officer &amp; CFO Margery Mayer Scholastic Corp - President Scholastic Education Judy Newman Scholastic Corp - President Scholastic Book Clubs Hugh Roome Scholastic Corp - President Scholastic Int'l Growth Areas &amp; Consumer Magazines. CONFERENCE CALL PARTICIPANTS...

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</description><pubDate>26 Mar 2009 11:05:00 EST</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic Q3 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SCHL</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am ET</ccbn:time><title>Scholastic Q3 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><title>Scholastic Corp intends a stock buyback</title><description>US - In February ####, the board of Scholastic Corp, a publisher of children's books, authorized the repurchase of up to $# mil of the company's common stock outstanding, in open market transactions.</description><pubDate>06 Feb 2009 08:25:12 EST</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">807066</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">807066</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">807066</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">807066</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Scholastic Corp</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Scholastic Corp</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Scholastic Corp</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">Scholastic Corp</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Scholastic_Corp_intends_a_stock_buyback-2048266020</link><guid isPermaLink="false">sdc/2048266020</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>2048266020</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2009, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_EXCHANGE><sdc:value>Nasdaq</sdc:value></sdc:a_EXCHANGE><sdc:a_MAINDUSTRY><sdc:value>Printing, Publishing, and Allied Services</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>United States</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Books: publishing, or publishing &amp; 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printing</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>2731</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>NY</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>New York</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Public</sdc:value></sdc:b_STATUS><sdc:b_TICKER><sdc:value>SCHL</sdc:value></sdc:b_TICKER><sdc:c_ACIDGEN><sdc:value>186612001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Publish children's books</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Publish children's books</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Cash Only</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Common Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>186612001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Feb 6 2009</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>22.11700</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>30.80000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>239.20000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>317.50000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>248.50000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>279.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>269.50000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>274.90000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>819.40000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.54200</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.54800</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>129.60000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>1.38000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>-96.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>93.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>1816.90000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>74.60000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>1789.70000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_AEPS><sdc:value>0.00000</sdc:value></sdc:fiscal_AEPS><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_DATEFIN><sdc:value>30 Nov 08</sdc:value></sdc:fiscal_DATEFIN><sdc:fiscal_FISCAL><sdc:value>31 May 08</sdc:value></sdc:fiscal_FISCAL><sdc:fiscal_FISCAL1><sdc:value>31 May 07</sdc:value></sdc:fiscal_FISCAL1><sdc:fiscal_FISCAL2><sdc:value>31 May 06</sdc:value></sdc:fiscal_FISCAL2><sdc:fiscal_FISCAL3><sdc:value>31 May 05</sdc:value></sdc:fiscal_FISCAL3><sdc:fiscal_FISCAL4><sdc:value>31 May 04</sdc:value></sdc:fiscal_FISCAL4><sdc:fiscal_RATE><sdc:value>1.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Scholastic Corp, headquartered</sdc:value><sdc:value sdc:p="1">in New York, New York,</sdc:value><sdc:value sdc:p="2">publishes children's</sdc:value><sdc:value sdc:p="3">educational and entertainment</sdc:value><sdc:value sdc:p="4">materials and products for use</sdc:value><sdc:value sdc:p="5">in school and at home,</sdc:value><sdc:value sdc:p="6">including children's books,</sdc:value><sdc:value sdc:p="7">textbooks, magazines,</sdc:value><sdc:value sdc:p="8">technology-based products,</sdc:value><sdc:value sdc:p="9">teacher materials, television</sdc:value><sdc:value sdc:p="10">programming, videos and toys.</sdc:value><sdc:value sdc:p="11">The company was founded in</sdc:value><sdc:value sdc:p="12">1920.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Scholastic Corp, headquartered in New York, New York,</sdc:value><sdc:value sdc:p="1">publishes children's educational and entertainment materials</sdc:value><sdc:value sdc:p="2">and products for use in school and at home, including</sdc:value><sdc:value sdc:p="3">children's books, textbooks, magazines, technology-based</sdc:value><sdc:value sdc:p="4">products, teacher materials, television programming, videos</sdc:value><sdc:value sdc:p="5">and toys. The company was founded in 1920.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Scholastic Corp, headquartered in New York, New York, publishes children's educational and entertainment materials and products for use in school and at home, including children's books, textbooks, magazines, technology-based products, teacher materials, television programming, videos and toys. The company was founded in 1920.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Scholastic Corp, headquartered</sdc:value><sdc:value sdc:p="1">in New York, New York,</sdc:value><sdc:value sdc:p="2">publishes children's</sdc:value><sdc:value sdc:p="3">educational and entertainment</sdc:value><sdc:value sdc:p="4">materials and products for use</sdc:value><sdc:value sdc:p="5">in school and at home,</sdc:value><sdc:value sdc:p="6">including children's books,</sdc:value><sdc:value sdc:p="7">textbooks, magazines,</sdc:value><sdc:value sdc:p="8">technology-based products,</sdc:value><sdc:value sdc:p="9">teacher materials, television</sdc:value><sdc:value sdc:p="10">programming, videos and toys.</sdc:value><sdc:value sdc:p="11">The company was founded in</sdc:value><sdc:value sdc:p="12">1920.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Scholastic Corp, headquartered in New York, New York,</sdc:value><sdc:value sdc:p="1">publishes children's educational and entertainment materials</sdc:value><sdc:value sdc:p="2">and products for use in school and at home, including</sdc:value><sdc:value sdc:p="3">children's books, textbooks, magazines, technology-based</sdc:value><sdc:value sdc:p="4">products, teacher materials, television programming, videos</sdc:value><sdc:value sdc:p="5">and toys. The company was founded in 1920.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Scholastic Corp, headquartered in New York, New York, publishes children's educational and entertainment materials and products for use in school and at home, including children's books, textbooks, magazines, technology-based products, teacher materials, television programming, videos and toys. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">US - In February 2009, the</sdc:value><sdc:value sdc:p="1">board of Scholastic Corp, a</sdc:value><sdc:value sdc:p="2">publisher of children's books,</sdc:value><sdc:value sdc:p="3">authorized the repurchase of</sdc:value><sdc:value sdc:p="4">up to $5 mil of the company's</sdc:value><sdc:value sdc:p="5">common stock outstanding, in</sdc:value><sdc:value sdc:p="6">open market transactions.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - In February 2009, the board of Scholastic Corp, a publisher of children's books, authorized the repurchase of up to $5 mil of the company's common stock outstanding, in open market transactions.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - In February 2009, the board of Scholastic Corp, a publisher of children's books,</sdc:value><sdc:value sdc:p="1">authorized the repurchase of up to $5 mil of the company's common stock outstanding, in</sdc:value><sdc:value sdc:p="2">open market transactions.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value>US - In February 2009, the board of Scholastic Corp, a publisher of children's books, authorized the repurchase of up to $5 mil of the company's common stock outstanding, in open market transactions.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">US - In February 2009, the board of Scholastic Corp, a publisher of children's books, authorized the repurchase of up to $5 mil of the</sdc:value><sdc:value sdc:p="1">company's common stock outstanding, in open market 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Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_169793_663370</link><guid isPermaLink="false">moodys/PR_169793_663370</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><description>Global Credit Research Rating Action ## DEC ####   Rating Action: Scholastic Corporation Moody's Places Scholastic Ratings on Review for Possible Downgrade Approximately $### Million of Debt Affected New York, December ##, #### -- Moody's...</description><pubDate>20 Dec 2008 01:08:48 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Scholastic Corporation</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Scholastic Corporation</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">663370</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><title>Moody's Places Scholastic Ratings on Review for Possible Downgrade</title><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_169793_663370</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/692121</link><guid isPermaLink="false">spcred/692121</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>19 Dec 2008 06:27:00 EST</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Scholastic Corp. 'BB' Rating Put On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">692121</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Publishing</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Media &amp; Entertainment</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) Dec. 19, 2008--Standard&amp;Poor's Ratings Services today placed its 'BB' corporate credit rating for New York City-based Scholastic Corp., as well as its issue-level ratings for the company, on CreditWatch with negative implications. Scholastic had $449 million in debt as of Nov. 30, 2008, including capital leases. "The CreditWatch placement reflects the company's weak operating performance in the second quarter and its meaningful revision to earnings and cash flow guidance," said Standard&amp;Poor's credit analyst Tulip Lim. In the quarter ended Nov. 30, 2008 (the company's most important quarter), revenue declined 3.8% and EBITDA declined 20%. 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'BB' Rating Placed On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">692122</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Publishing</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Media &amp; Entertainment</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On Dec. 19, 2008, Standard&amp;Poor's Ratings Services placed its 'BB' corporate credit rating for New York City-based Scholastic Corp., as well as its issue-level ratings for the company, on CreditWatch with negative implications. The CreditWatch placement reflects the company's weak operating performance in the second quarter and its meaningful revision to earnings and cash flow guidance. Scholastic had $449 million in debt as of Nov. 30, 2008, including capital leases. In the quarter ended Nov. 30, 2008 (the company's most important quarter), revenue declined 3.8% and EBITDA declined 20%. 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Co. revised outlook for FY## diluted EPS from continuing operations to $#.##-#.## excluding severance and one-time expenses related to cost savings. ...

</description><pubDate>18 Dec 2008 12:06:00 EST</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic Q2 2009 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SCHL</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am ET</ccbn:time><title>Scholastic Q2 2009 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B2051179</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T2051179</link><guid isPermaLink="false">ccbn/T2051179</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good morning. My name is Kelly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q#, #### earnings conference call. (Operator Instructions). I would now like to turn the call over to Jeffrey Mathews, Vice President of Corporate Strategies and Investor Relations. Please go ahead. ...

</description><pubDate>18 Dec 2008 10:04:00 EST</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Scholastic Q2 2009 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SCHL</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:30am ET</ccbn:time><title>Scholastic Q2 2009 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T2051179</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item></channel></rss>