Pearson slides in FTSE downturn

London's leading shares dip lower in Friday morning trading, led downwards by publisher Pearson. Continue reading at 'BBC News'

[ BBC News | 2014-10-24 00:00:00 UTC ]
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Tanner Pearson delivers Kings a needed victory

The All-Star break has practically left the Kings broken, but they still had a leg to stand on before it began. Just being able to field a lineup before the four-day hiatus was considered victory enough Wednesday. Headlining a grocery list of injuries was the announcement that Jonathan Quick will... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-25 00:00:00 UTC ]
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Pearson has made 'good progress' in 2017

Pearson made "good progress" in 2017, slashing its net debt and projecting full-year profits to come in at the top end of its guidance. Continue reading at The Bookseller

[ The Bookseller | 2018-01-18 00:00:00 UTC ]
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Snapchat chair joins Pearson board

Michael Lynton, chairman of messaging app Snapchat, and a former chair and c.e.o. of Sony Entertainment, has been appointed to the Pearson board of directors.  Continue reading at The Bookseller

[ The Bookseller | 2017-12-09 00:00:00 UTC ]
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Pearson to sell Wall Street English for $300m

Pearson has agreed to sell its English language business Wall Street English (WSE) to a group of funds affiliated with Baring Private Equity Asia and CITIC Capital for $300 (£225m). Continue reading at The Bookseller

[ The Bookseller | 2017-11-28 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 ]
More news stories like this | News stories tagged with: #prh sales #top half


PRH Nine-Month Sales 'Down Slightly,' Pearson Says

Pearson attributed the small sales decline to what are now familiar trends--stable sales of print and audio offset by modest declines in ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-17 00:00:00 UTC ]
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Pearson strong on CMI Management Book shortlist

Pearson and Harvard Business Review Press are both strong on the 25-strong shortlist for the £5,000 2017 Management Book of the Year, announced by The Chartered Management Institute (CMI) and the British Library. Continue reading at The Bookseller

[ The Bookseller | 2017-10-10 00:00:00 UTC ]
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Pearson completes sale of 22% stake in PRH to Bertelsmann

Pearson has completed the sale of a 22% stake in Penguin Random House (PRH) to its co-shareholder Bertelsmann. Continue reading at The Bookseller

[ The Bookseller | 2017-10-06 00:00:00 UTC ]
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Release of ‘What Happened’ Can’t Stop Sales Slide

Not even the release of Hillary Clinton’s new book, What Happened, could end what is now a monthlong sales slide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-22 00:00:00 UTC ]
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Unit Sales Slide in Early September

Print unit sales were 3% lower in the week ended September 10 than in the similar week last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-15 00:00:00 UTC ]
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AAP Reports Downturn in Trade Sales for April 2017

Due to declining ebook sales and a major drop-off in mass market, sales of adult books and children's books were down in April. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-11 00:00:00 UTC ]
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Global Publishing Leaders 2017: Pearson Plc

Pearson was founded in 1844 by Samuel Pearson as S. Pearson and Son, a small building firm in Yorkshire in the North of England. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Pearson sells Global Education to Puxin for £62m

Pearson has completed the sale of language training subsidiary Global Education in a deal worth $80m (£62m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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Pearson to axe 3,000 jobs after slump at main US business

Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian

[ The Guardian | 2017-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warnings


Pearson picks up $1bn from Penguin – but no treat for investors | Nils Pratley

The education business sold nearly half its stake in the publisher to Bertelsmann, but much of the proceeds will be reinvestedPearson is still going to own a quarter of Penguin Random House, so it’s not too late to hope that it can learn to tell a story like it is. Please, drop this bland... Continue reading at The Guardian

[ The Guardian | 2017-07-12 00:00:00 UTC ]
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Pearson sells 22% stake in Penguin Random House

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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Pearson to sell 22% stake in Penguin Random House

Pearson has agreed to sell 22% of its stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, valuing the publisher at $3.55bn (£2.76bn). The deal means Bertelsmann will increase its control over the publisher, owning a 75% stake, while Pearson will own the remaining 25%. The deal is... Continue reading at The Bookseller

[ The Bookseller | 2017-07-11 00:00:00 UTC ]
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Pearson sells slice of Penguin for $1bn

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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Pearson Plans More Cuts, May Sell School Group

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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