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Shares of School Specialty (SCHS -17.1%) nosedive after the firm lowers its estimate for 2012...

Shares of School Specialty (SCHS -17.1%) nosedive after the firm lowers its estimate for 2012 revenue to $730M-$740M, from prior guidance of $755M-$780M. CEO David Vander Zanden blames a 3% YTD revenue decline on unit pricing pressure and reductions in funding for student agendas.
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