RR Donnelley Raises Guidance
CHICAGO—Bolstered by increased sales and a lower tax rate, RR Donnelley’s third quarter net income rose 6 percent as the company raised its 2007 outlook for adjusted earnings to between $2.85 to $2.88 a share from the previous forecast of $2.70 to $2.75 a share. Donnelley reported third-quarter 2007 net earnings of $175 million or $0.80 per diluted share on net sales of $2.9 billion compared to net earnings of $164.7 million or $0.75 per diluted share on net sales of $2.3 billion in the third quarter of 2006.
Christie’s Auctions ‘Potter’ Book
NEW YORK—A hardcover edition of J.K. Rowling’s first novel in the “Harry Potter” saga pulled down more than $40,000 at a Christie’s auction here recently. The first edition of “Harry Potter and the Philosopher’s Stone” was signed “Joanne Rowling” on the back of the title page, according to The Associated Press. Published by Bloomsbury plc with an initial print run of 500 copies, the book is extremely difficult to find in top condition because many libraries purchased copies. PI