Written on Fri, 02/26/2010 - 3:26pm
By Chip Brian
2/26/2010-Moody's Investors Service raised its ratings outlook on Scholastic Corp. (NASDAQ:SCHL) to positive, and said it sees potential for a one-notch upgrade if the educational publisher is able to sustain improvement in operating margins, prudently manage shareholder distributions and maintain a good liquidity position.
Moody's currently has Scholastic's rating two notches into junk territory at Ba2.
Keywords: scholastic Moody's outlook martrend
Ticker(s): SCHL
