Pearson is being sued for 'over-optimistic' financial projections

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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Philadelphia Inquirer Sued Over Top Editor Marimow’s Ouster

Two members of Philadelphia Inquirer owner Interstate General Media LLC sued the company and the newspaper&rsquo;s publisher over the ouster of editor-in-chief Bill Marimow. Marimow, a two-time winner of the Pulitzer Prize, was fired Oct. 7 w ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-10-11 00:00:00 UTC ]
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No More Late News: Financial Times Moves to One Print Edition Daily

The Financial Times will consolidate the multiple print editions it publishes each night into a single, global newspaper in the first half of 2014, using its website for breaking news as the publisher focuses on growth in digital products and perhaps sets the stage for eventual further... Continue reading at Advertising Age

[ Advertising Age | 2013-10-09 00:00:00 UTC ]
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Amazon title on Financial Times shortlist

The Financial Times and Goldman Sachs Business Book of the Year shortlist has been announced,... Continue reading at The Bookseller

[ The Bookseller | 2013-09-19 00:00:00 UTC ]
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Summer Closes on Mostly Optimistic Note

Few booksellers in PW’s post–Labor Day survey of summer sales were as upbeat as Val Stadick, owner of Main Street Books in Minot, N.D., where the state’s oil boom helped the seven-year-old bookstore bounce back from a flood two years ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-09-13 00:00:00 UTC ]
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Tesco hires former Reed Elsevier chief financial officer

Former Reed Elsevier chief financial officer Mark Armour has been hired by Tesco as a non-... Continue reading at The Bookseller

[ The Bookseller | 2013-09-03 00:00:00 UTC ]
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Sony, Columbia sued over unpaid internships

A woman who spent a summer working as an unpaid intern has filed a class-action lawsuit in New York against Sony Corp. of America, Sony Music Holdings and Columbia Recording Corp. over wages she says she should have been paid.The lawsuit was filed in state Supreme Court in Manhattan on Tuesday.... Continue reading at Crains New York

[ Crains New York | 2013-08-09 00:00:00 UTC ]
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Pearson invests in Voxy

Pearson is to become a key minority shareholder in English language learning platform Voxy. New... Continue reading at The Bookseller

[ The Bookseller | 2013-08-02 00:00:00 UTC ]
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Strong growth at Penguin in first half, as Pearson posts loss

Pearson made an operating profit of £20m in the first half of 2013, compared with £... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Jobs go at Pearson Australia

Pearson Australia has announced up to 75 potential redundancies as it looks to make changes... Continue reading at The Bookseller

[ The Bookseller | 2013-07-16 00:00:00 UTC ]
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Barnes & Noble CEO steps down following dismal financial reports

Barnes & Noble CEO William Lynch resigned after the company reported disappointing fourth-quarter numbers. The bookstore chain also recently announced that it's seeking another company with which to produce the B&N Nook tablet devices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-10 00:00:00 UTC ]
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Facebook, With a Focus on Mobile, Works on Project for News Via Users

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[ Editor & Publisher | 2013-06-24 00:00:00 UTC ]
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Pearson and HarperCollins to close New Zealand operations

Pearson is to close its New Zealand educational business at the end of August, while... Continue reading at The Bookseller

[ The Bookseller | 2013-06-12 00:00:00 UTC ]
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New News Corp Boss Optimistic on Print

The incoming boss of News Corporation's publishing business believes there are reasons to be optimistic about the print industry as its newspapers are reshaped for the digital age. Robert Thomson, who will head the 'new News Corp' once ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-06 00:00:00 UTC ]
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