Pearson shares slide after profits warning

Education publisher, which is in the process of selling off the Financial Times, blames ‘challenging’ market as it suffers biggest share price fall since 1987Pearson suffered its biggest share slump in decades on Wednesday as the education publisher’s stock price crashed almost 16% after issuing a full-year profits warning.Pearson, which is in the process of selling off the Financial Times and its stake in the Economist, saw its biggest share price fall since the stock market crash of 1987. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-10-21 00:00:00 UTC ]
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Sainsbury's ups profit and market share

Sainsbury's has reported a 6.8% rise in total sales in its preliminary results for the year... Continue reading at The Bookseller

[ The Bookseller | 2012-05-09 00:00:00 UTC ]
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Pearson Sales Rise But Sees Lower Half-Year Profit

LONDON (Dow Jones)--Pearson PLC (PSON.LN), the publisher of the Financial Times newspaper and Penguin books, Friday produced a healthy rise in first-quarter revenue, but warned profit will be down in the first half of 2012 due to seasonal effects an ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-04-27 00:00:00 UTC ]
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Pearson sees digital profits rise

Educational publisher and FT owner, Pearson reports a rise in profits thanks to improved digital sales and growth in emerging markets. Continue reading at BBC News

[ BBC News | 2012-02-27 00:00:00 UTC ]
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Execs' pay up at Pearson as profit grows

Written By: Philip Jones Publication Date: Wed, 06/04/2011 - 14:58 Penguin group chief executive John Makinson took home £1.5m in pay in 2010, in a year when Penguin's sales grew 21% to £1.1bn and adjusted operating profit grew 19% to £106m. Makinson's pay rose by £150,000 thanks to a rise in... Continue reading at The Bookseller

[ The Bookseller | 2011-04-06 00:00:00 UTC ]
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HMV issues third profit warning

Written By: Lisa Campbell Publication Date: Tue, 05/04/2011 - 09:39 The struggling HMV Group has bought more time to pass covenant tests while issuing a third profit warning. The group, which owns Waterstone's, said "trading conditions have remained difficult" since it issued its last profit... Continue reading at The Bookseller

[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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HMV issues second profit warning

Written By: Lisa Campbell Publication Date: Tue, 01/03/2011 - 09:28 The HMV Group has issued its second profit warning of the year and will breach a bank covenant test when it announces full year results in April. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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Penguin has best-ever year as Pearson profits leap

Written By: Charlotte Williams Publication Date: Mon, 28/02/2011 - 09:42 Penguin UK had its best ever year in 2010 as parent company Pearson reported a profits increase of 21% to £857m. For the year ending 31st December, sales at Pearson were £5.66bn, up 10% on 2009. Sales at Penguin were... Continue reading at The Bookseller

[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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Hachette, Warned by DoJ, Moving Ahead With 'A Warning'

The Department of Justice has warned Hachette Book Group that its planned publication of 'A Warning' by an anonymous Trump administration official may violate a non-disclosure agreement. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-04 05:00:00 UTC ]
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Facebook shares more details about its massive security breach -- after blocking people from sharing news about it

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[ Betanews | 2018-09-29 00:00:00 UTC ]
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Multiple arrests, 19 charges laid in $22.5M Pearson gold heist

Peel police say a joint task force investigating a multimillion-dollar gold heist at Pearson airport last year has arrested multiple people, laid 19 related charges and interrupted a "large quantity of firearms" intended for import into Canada in connection with the case. Continue reading at CBC

[ CBC | 2024-04-17 11:01:09 UTC ]
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1 year after the Pearson heist, no arrests and no sign yet of all that gold and cash

A year ago, police revealed that a massive amount of gold and money had been stolen from a warehouse at Toronto's Pearson airport. Despite intensive investigative efforts, no arrests have been made and the valuable cargo is still unaccounted for. Continue reading at CBC

[ CBC | 2024-04-14 08:00:00 UTC ]
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Comic Shop Retailers Share Their Favorite Handsells

Here’s what retailers across the country told us about the comics and graphic novels they’re handselling this spring. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-03-08 05:00:00 UTC ]
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ABC warns staff of agenda-driven criticism after News Corp pounces on Aboriginal land comment | The Weekly Beast

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[ The Guardian | 2024-02-16 02:50:06 UTC ]
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Winter Institute 2024: Keynote Speakers Share Business World Wisdom

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[ Publishers Weekly | 2024-02-13 05:00:00 UTC ]
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The Netherlands in Taiwan: 400 Years of Shared History

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[ Publishing Perspectives | 2024-02-08 22:24:46 UTC ]
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Profits Soar at HarperCollins as Audio Sales Boom

A 29% increase in sales of digital audio, coupled with lower costs, resulted in a 67% increase in profits at the publisher in the quarter ended December 31, 2023, over the comparable period a year ago. Total sales were up 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
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[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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Bombardier unveils new private jet assembly plant at Pearson airport

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[ CBC | 2024-01-23 10:00:49 UTC ]
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