Pearson holds guidance as Q1 sales rise 7%

29th Apr 2022 07:58

(Sharecast News) - Education publisher Pearson said it would receive a one-off tax boost this fiscal year as it maintained annual guidance.

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Pearson contract with Arizona State University to end

19th Apr 2022 07:28

(Sharecast News) - Pearson said its contract to manage Arizona State University's online study programme would end in June 2023 and said the effect on profit would be modest.

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Goldman Sachs downgrades WPP to 'neutral'

11th Apr 2022 08:25

(Sharecast News) - Goldman Sachs downgraded advertising giant WPP on Monday to 'neutral' from 'buy' as it took a look at internet and media stocks.

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Barclays reinstates coverage of Pearson at 'equalweight'

31st Mar 2022 08:09

(Sharecast News) - Barclays reinstated coverage of Pearson on Thursday with an 'equalweight' rating and 725p price target, after US investment manager Apollo said it would not be making an offer for the educational publisher after failing to agree terms.

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Apollo not planning to make offer for Pearson, shares tank

30th Mar 2022 11:00

(Sharecast News) - Pearson shares tanked as US asset manager Apollo Global Management said it does not plan to make an offer for the educational publisher after they were unable to agree terms.

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Sunday newspaper round-up: Renewables, Pearson, IAG

13th Mar 2022 13:50

(Sharecast News) - The UK needs to massively expand wind farms across the country in order to safeguard national security, the business secretary has said, as the government considers sweeping changes to planning laws in order to improve energy independence. Against that backdrop, the Prime Minister will unveil a radical new "energy strategy" within a fortnight in order to make sure that that UK can get all the energy that it needs from a combination of renewables and nuclear. - Guardian

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Pearson surges as Apollo says it's evaluating offer

11th Mar 2022 11:21

(Sharecast News) - Educational publisher Pearson said on Friday that it had rejected two preliminary and highly conditional takeover approaches from US asset manager Apollo Global Management.

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Pearson grows FY underlying sales and adjusted operating profits

25th Feb 2022 08:46

(Sharecast News) - Publishing company Pearson said on Friday that underlying sales and adjusted operating profits had both grown in 2021.

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Pearson takes full control of verifier Credly

31st Jan 2022 07:01

(Sharecast News) - Educational publisher Pearson on Monday said it had bought the remaining 80% of skills verification operator Credly it does not own for an undisclosed sum.

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Pearson lifts FY guidance on strong assessment unit results

19th Jan 2022 07:31

(Sharecast News) - Education group Pearson raised annual profits guidance on Wednesday, driven by its assessment and qualification business.

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Pearson names Twitter's Omid Kordestani chair

16th Dec 2021 07:32

(Sharecast News) - Educational publisher Pearson has named Twitter director Omid Kordestani as its new chair.

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Credit Suisse, Berenberg upgrade Pearson

19th Oct 2021 09:17

(Sharecast News) - Credit Suisse upgraded its stance on shares of education publisher Pearson to 'neutral' from 'underperform' on Tuesday as it cut its price target to 680p from 750p following a share price correction after the first-half results.

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Pearson revenues rise but US enrolments hit by Covid

15th Oct 2021 07:01

(Sharecast News) - Education publisher Pearson reported a rise in revenues as growth in assessment and qualifications offset lower US higher education enrolments due to Covid-19 infections.

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Pearson selloff creates 'interesting valuation opportunity', says Citi

1st Oct 2021 08:31

(Sharecast News) - Citi said on Friday that the overall risk/reward on education publisher Pearson "tilts positively".

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Monday broker round-up

23rd Aug 2021 13:09

(Sharecast News) - Pearson: JP Morgan upgrades to overweight and raises target price from 840.0p to 960.0p.

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