Sixty-eight jobs have gone at Pearson's higher education business in the US, as part of the... Continue reading at 'The Bookseller'
[ The Bookseller | 2014-03-19 00:00:00 UTC ]
The beleaguered FTSE 100 firm strengthens balance sheet by selling a 22% stake to Bertelsmann in deal valuing the publishing giant at $3.55bn Pearson has sold a 22% stake in Penguin Random House, the world’s biggest publisher, with titles ranging from Fifty Shades of Grey, Jamie Oliver and The... Continue reading at The Guardian
[ The Guardian | 2017-07-11 00:00:00 UTC ]
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Shares in the publishing firm rise after it says the sale will raise about $1bn (£776m). Continue reading at BBC News
[ BBC News | 2017-07-11 00:00:00 UTC ]
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The children's graphic novel publisher has laid off several workers, including its v-p of marketing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-20 00:00:00 UTC ]
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Pearson said it has plans to further reduce costs by $300 million, and it is also reviewing its strategic options for the K-12 courseware business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-05-08 00:00:00 UTC ]
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Pearson shareholders have rejected chief executive John Fallon's £1.5m pay package at the company's a.g.m. today. Continue reading at The Bookseller
[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Two-thirds of investors in the loss-making education publisher vote against John Fallon's pay rise. Continue reading at BBC News
[ BBC News | 2017-05-05 00:00:00 UTC ]
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Shares in the education publisher jump after it announces plans for more cost cuts. Continue reading at BBC News
[ BBC News | 2017-05-05 00:00:00 UTC ]
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Investors’ revolt against deal for John Fallon comes after educational publisher reports largest annual loss in its historyMore than six out of 10 Pearson shareholders have voted against the £1.5m pay package awarded to the embattled chief executive, John Fallon, after the educational publisher... Continue reading at The Guardian
[ The Guardian | 2017-05-05 00:00:00 UTC ]
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The Quarto Group has implemented a new global sales and marketing structure, which has seen the English Language Sales team divided into three main channels: US Sales, UK and Europe Sales, and International Sales. Continue reading at The Bookseller
[ The Bookseller | 2017-04-25 00:00:00 UTC ]
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Houghton Mifflin Harcourt ramped up its cost cutting initiatives yesterday, laying off approximately 20 people in its trade division. The company would not comment on the number of job cuts, but admitted that "organizational changes" had been made. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-25 00:00:00 UTC ]
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Pearson will make 50 textbooks available for rent this fall in a deal signed with the National Association of College Stores subsidiary, indiCo. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-04-21 00:00:00 UTC ]
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Pearson is to partner with American online textbook rental company Chegg to make its higher education textbooks more affordable to use. Continue reading at The Bookseller
[ The Bookseller | 2017-04-12 00:00:00 UTC ]
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The University of Exeter has ditched its former partner Pearson for a new 10-year partnership with US-based ed-tech provider Keypath Education with whom it is launching online Masters degrees to UK and international students in September this year. Continue reading at The Bookseller
[ The Bookseller | 2017-04-08 00:00:00 UTC ]
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The embattled publisher sees its share price slide 7.9% after going ex-dividend. Continue reading at BBC News
[ BBC News | 2017-04-06 00:00:00 UTC ]
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Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016. Continue reading at The Bookseller
[ The Bookseller | 2017-03-25 00:00:00 UTC ]
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The publisher's boss sees his pay package rise 20% in 2016 despite a difficult year for the firm. Continue reading at BBC News
[ BBC News | 2017-03-24 00:00:00 UTC ]
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Pearson has partnered with the University of Leeds to offer online degree programmes. Continue reading at The Bookseller
[ The Bookseller | 2017-03-23 00:00:00 UTC ]
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Suffering from a downturn in the educational market, Houghton Mifflin Harcourt has confirmed that it began a series of organizational changes last week that have resulted in, among other things, layoffs in its educational division as well as its trade division. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-03-20 00:00:00 UTC ]
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A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller
[ The Bookseller | 2017-03-02 00:00:00 UTC ]
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Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller
[ The Bookseller | 2017-02-25 00:00:00 UTC ]
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