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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New UK Ebook Platform to Allow Readers to Share Titles via Facebook

In the UK a new ebook platform Boosh will allow readers to share an ebook with a fellow Facebook user to read for free after its read and deleted from their own account. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-07 00:00:00 UTC ]
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'Systematic transformation' ups profits at Reed Elsevier

Reed Elsevier has reported revenue and pre-tax profit growth in 2012, with the company saying it... Continue reading at The Bookseller

[ The Bookseller | 2013-02-28 00:00:00 UTC ]
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Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at The Bookseller

[ The Bookseller | 2013-02-25 00:00:00 UTC ]
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APN Posts Profit of A$54m For 2012

Australian publisher APN has posted a profit after tax before exceptional items of A$54m (€42m) for the year ended 2012 in line with expectations. The company said that net debt has been reduced by A$180m while cost initiatives delivered sa ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-02-22 00:00:00 UTC ]
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Pearson Catalyst to 'incubate' start-ups

Pearson has launched what it has called an "incubator" programme to help education... Continue reading at The Bookseller

[ The Bookseller | 2013-02-20 00:00:00 UTC ]
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In Brazil, Ebooks Predicted to Reach 2.63% Market Share

Extrapolating from recent sales figures from ebook distributor DLD, we estimate ebook sales to reach some 3.57 million units—or 2.6% of the overall market—by the end of 2013. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-01-26 00:00:00 UTC ]
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Quercus: 2012 profits to be 'below expectations'

Quercus has reported that it expects profit before tax in the year to 31st December 2012 to be... Continue reading at The Bookseller

[ The Bookseller | 2013-01-25 00:00:00 UTC ]
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CLA warns on government copyright proposals

The Copyright Licensing Agency has warned that the government's proposed exceptions to... Continue reading at The Bookseller

[ The Bookseller | 2013-01-22 00:00:00 UTC ]
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Penguin's 'good' fourth quarter as Pearson prepares for demerger

Penguin has benefited from a "good" fourth-quarter publishing performance and has... Continue reading at The Bookseller

[ The Bookseller | 2013-01-21 00:00:00 UTC ]
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Penguin Ventures "to generate 15% of profit"

  Penguin UK c.e.o. Tom Weldon has said he expects at least 15% of Penguin's profit... Continue reading at The Bookseller

[ The Bookseller | 2013-01-18 00:00:00 UTC ]
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Bloomsbury reports end-2012 profit rise

Bloomsbury has reported a year-on-year profit boost in the final quarter of 2012, at the same... Continue reading at The Bookseller

[ The Bookseller | 2013-01-16 00:00:00 UTC ]
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HarperCollins turnover up but profits drop

HarperCollins saw a rise in turnover but a fall in profits last year, according to its results... Continue reading at The Bookseller

[ The Bookseller | 2013-01-14 00:00:00 UTC ]
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Pearson closes UK adult training business

Pearson is to exit its UK adult training business, Pearson in Practice. After launching a... Continue reading at The Bookseller

[ The Bookseller | 2013-01-07 00:00:00 UTC ]
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Belgian Media Planning Shared Digital Content Passport

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[ Editor & Publisher | 2013-01-02 00:00:00 UTC ]
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Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

Publishing and education company Pearson PLC agreed to invest $89.5 million for a 5 percent stake in Barnes & Noble Inc.'s digital-business unit, Nook Media LLC. Continue reading at AllThingsD

[ AllThingsD | 2012-12-29 00:00:00 UTC ]
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Pearson buys a small stake in Nook Media, wants a fast track for digital education

Publishers often want to work closely with ebook outlets -- possibly a little too closely -- but it's rare that they involve themselves directly. Pearson is taking that uncommon step by making a 5 percent, $89.5 million investment in Nook Media, the joint venture between Barnes & Noble and... Continue reading at Engadget

[ Engadget | 2012-12-29 00:00:00 UTC ]
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Pearson invests in Nook tablets

UK publisher Pearson says it will invest in the Nook series of e-readers and tablets, buying a 5% stake in the business for $89.5m (£55.5m). Continue reading at BBC News

[ BBC News | 2012-12-28 00:00:00 UTC ]
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Gale and Van der Merwe share Green Carnation Prize

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[ The Bookseller | 2012-12-18 00:00:00 UTC ]
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Crossrail hits Foyles profits

Foyles' annual profit has dived by 25%, hit by the continuing disruption from the... Continue reading at The Bookseller

[ The Bookseller | 2012-12-14 00:00:00 UTC ]
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Harper and Rainforest Action Network Collide Over New Warning

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[ Publishers Weekly | 2012-12-13 00:00:00 UTC ]
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