Vast Active Library and Information Science blog. From a recent library science graduate in Wellington, New Zealand. A focus on reference and current awareness tools and issues, especially free, web-based resources.

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Tuesday, September 30, 2003
(publishing) Reed Elsivier upgraded to 'outperform'  
Analyst Paul Gooden of Bear Stearns upgrades Reed Elsevier (REL) to "outperform."

In a research note published this morning, the analyst mentions that the company has notified librarians that it intends to increase science journal prices by 6.5% in 2004. The company�s strong pricing power in journals is the reason for its stock�s current valuation as well as its capability to generate earnings growth, the analyst adds. The company is well positioned to benefit from the expected recovery in the business advertising segment in the long term, the analyst says.

Taken from New Ratings, found via Google News.


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