Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at 'BBC News'

[ BBC News | 2017-01-18 00:00:00 UTC ]

Other Publishing stories related to: 'Pearson shares fall 30% on profits and dividend warning'


Pearson forecasts lower 2020 profits

Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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Hachette UK reports 'strong' growth but parent company Lagardère's profits fall

Hachette UK has reported "strong" sales growth in 2018, although parent company Lagardère saw profits fall 9.6%. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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Pearson expects to report revenue dip, but profit growth, for 2018

Pearson has reported making "good financial and strategic progress in 2018", despite a small revenue fall during the year, saying in its January trading update that it expects to have halved net debt in 2018 and will deliver underlying profit growth of 8% at £540-£545m. Continue reading at The Bookseller

[ The Bookseller | 2019-01-17 00:00:00 UTC ]
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Haynes warns profits will be hit by US tax rate

Car manual producer Haynes Publishing Group has said it expects adjusted profit before tax to be up by 10% on the previous year when it reports its annual financial results. Continue reading at The Bookseller

[ The Bookseller | 2018-06-02 00:00:00 UTC ]
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Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike

The prosperity that some in the Russian book industry thought was rising this year may be headed in the other direction, if the expected rise in book VAT becomes a reality. The post Russian Publishers Warn of Lost Profits Amid a Newly Announced VAT Hike appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-05-24 00:00:00 UTC ]
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Amazon shares fall after Trump's Twitter attacks

Amazon shares took a hit after President Donald Trump attacked the online store on social media, this time accusing it of not being on a "level playing field" with “fully tax paying retailers” and of ripping off the US postal service. Continue reading at The Bookseller

[ The Bookseller | 2018-04-04 00:00:00 UTC ]
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Facebook shares fall as FTC confirms it is investigating the company's privacy practices

The Federal Trade Commission confirmed Monday that it opened an investigation of Facebook and the Senate Judiciary Committee called on the company’s chief executive, Mark Zuckerberg, to testify as scrutiny mounts over the social media giant’s handling of user data. The unfolding crisis at... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #privacy practices #mark zuckerberg #user data


Philip Pullman calls for authors to get fairer share of publisher profits

His Dark Materials author condemns way book industry ‘allows corporate profits to be so high at a time when author earnings are markedly falling’Philip Pullman has called on publishers to stop damaging “the ecology of the book world” and start giving authors a fairer share of the money their... Continue reading at The Guardian

[ The Guardian | 2018-03-05 00:00:00 UTC ]
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Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
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Pearson share slide drags down FTSE 100

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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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Fallon admits 'we got it wrong' as Pearson shares plunge

Pearson's c.e.o. John Fallon has been forced to defend his position after admitting the company "got it wrong" last year, resulting in revisions to its 2017 forecast and dividend, and the withdrawal of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-01-19 00:00:00 UTC ]
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Pearson shares learning design under creative commons license

Pearson is making its Learning Design Principles (LDPs) publicly available under a creative commons license to "broaden the conversation" on the learning principles that should form the basis for educational products. Continue reading at The Bookseller

[ The Bookseller | 2016-12-15 00:00:00 UTC ]
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Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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EDC Faces Falling Profits in Q2, As It Invests to Meet Demand

Although Educational Development Corp. saw its revenue soar in the last 18 months—in Q2 sales jumped 105%—investments made to meet rising demand led to a decline in profit in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-25 00:00:00 UTC ]
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Barnes & Noble shares fall after boss sacked

Shares in the US books chain Barnes & Noble tumble after the firm sacks its chief executive for not being a "good fit" with the company. Continue reading at BBC News

[ BBC News | 2016-08-17 00:00:00 UTC ]
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Clays' parent company issues profit warning

St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller

[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Archant boosts profits and pays first dividend since 2012

Local newspaper publisher, whose titles include the Eastern Daily Press and Ham & High, achieves 20% increase without cutting staffLocal newspaper publisher Archant is to pay its first dividend since 2012 after recording a 20% increase in profits to £9.6m in 2015.The Norwich-based publisher,... Continue reading at The Guardian

[ The Guardian | 2016-03-18 00:00:00 UTC ]
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