|Bid||610.00 x 520900|
|Ask||645.00 x 91100|
|Day's range||619.50 - 637.50|
|52-week range||552.00 - 832.50|
|PE ratio (TTM)||-2.37|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
LONDON, Oct (Shenzhen: 000069.SZ - news) 6 (Reuters) - British Prime Minister Theresa May said on Friday she would stay on as leader to provide stability after a former chairman of her Conservative Party said he had garnered the support of 30 lawmakers who wanted her to quit. May is trying to face down a rebellion by some of her own lawmakers just as Britain enters a crucial stage in Brexit talks, 18 months before the country leaves the European Union and must redefine its place in the world.
** Pearson rise 1.6 pct, among top performers on FTSE 100 in heavy volume ** Exane BNP Paribas raises stock to "outperform" from "underperform", saying change in strategy and potential ...
French publishers La Martiniere Groupe (Other OTC: GROPF - news) and Media-Participations announced talks over a merger that could create a group with combined revenues of more than 560 million euros ($666 million), in the latest sign of consolidation in the industry. La Martiniere, which owns the well-known Parisian literary publishing house Le Seuil, had 2016 revenues of 206 million euros while Media Participations had 2016 turnover of 355 million euros. Media and publishing companies around the world have been embarking on takeover and merger deals, as they look to tackle lower advertising revenues and move away from the traditional print business and into online and digital publishing.
Unlisted German publishing giant Bertelsmann is not considering any further large takeovers worth "billions" and has no plans to list its Penguin Random House (PRH) division, Chief Financial Officer Bernd Hirsch told newspaper Boersen-Zeitung. Bertelsmann raised its stake in PRH to 75 percent in July, giving it the option of listing the business after it purchased a PRH stake from rival Pearson (Xetra: 858266 - news) .
German media group Bertelsmann aims to close its $1 billion deal to raise its stake in Penguin Random House to 75 percent in the fourth quarter, it said on Thursday. Bertelsmann reported a 1.4 percent ...
British education group Pearson (Amsterdam: PR8.AS - news) is cutting 3,000 jobs and slashing its dividend in its latest attempt to revive a business hit by the shift to digital from paper textbooks. The job losses, accounting for almost 10 percent of the group total, are part of Chief Executive John Fallon's third attempt since 2014 to reshape a company whose main U.S. college business has also been hit by a drop in student enrollments. Pearson (Xetra: 858266 - news) , the world's largest educational publisher, sells everything from school textbooks to academic books and electronic tests.
British education group Pearson slashed its interim dividend by 72 percent to 5 pence on Friday as it started a restructuring programme to tackle the pressures facing its business. The company, which agreed ...
A vote on multi-million pound share awards at one of the UK's biggest companies hangs in the balance just hours before a shareholder meeting that threatens to become a lightning rod for concerns over top City pay. Sky News understands that Safestore Holdings (LSE: SAFE.L - news) , the FTSE-250 self-storage company, is hopeful of securing a narrow victory at a special shareholder meeting on Tuesday to approve a new pay policy and long-term incentive plan (LTIP) for top executives. City sources said on Monday evening, however, that the binding votes were too close to call and that Safestore could yet see its proposals rejected.
One of the UK's biggest listed companies is facing the humiliating prospect of a shareholder outcry over a revised executive pay scheme less than four months after being forced to scrap a previous set of proposals. Sky News has learnt that Safestore Holdings (LSE: SAFE.L - news) , the FTSE 250 self-storage company, could become the first big company to see a binding vote on its future pay policy effectively defeated twice by shareholders. Safestore is due to hold a special meeting next week to secure support for a new remuneration policy and long-term incentive plan.
A run higher for energy shares and miners, as well as strong updates from Norwegian lender DNB, and a more dovish tone from U.S. Federal Reserve Chief Yellen, helped drive European shares up on Wednesday, ...
** Pearson down about 5%, having fallen by same amount on Tuesday ** Bottom of FTSE 100 in heavy volume as analysts express concern over dividend guidance ** Panmure downgrades stock to "sell" ...
A run higher for energy shares and miners, as well as strong updates from retailers Burberry and B&M helped drive European shares higher in on Wednesday, though renewed pain for publisher Pearson weighed on the media sector. Luxury goods group Burberry was a strong gainer, rising around 2.8 percent after reporting 3 percent underlying revenue growth in the first quarter, helped by robust demand in mainland China and continuing good performance in its British market.
New email revelations showing Donald Trump Jr embraced Russia's efforts to support his father's presidential campaign jolted world markets, but Wall Street mostly recovered by the close
European shares ended Tuesday on the backfoot as losses among defensive consumer staples and real estate stocks outweighed strength in autos and miners. The pan-European STOXX 600 was down 0.7 percent ...
Britain's top share index retreated on Tuesday as falls in defensive stocks as well as Pearson and Marks & Spencer (Frankfurt: 534418 - news) overshadowed gains in miners. Mid-cap Carillion extended losses further.
Pearson (Xetra: 858266 - news) is set to raise $1 billion from the sale of a 22 percent stake in book publisher Penguin Random House to majority owner Bertelsmann, in the British group's latest bid to rebuild following a string of profit warnings. Hit by a sharp downturn in its biggest markets, Pearson has sold off some of its best known assets in recent years including the Financial Times and the Economist to enable it to invest in its core business of education. The 173-year-old group said on Tuesday it would now reduce its stake in the world's biggest consumer book publisher to 25 percent from 47 percent, enabling it to free up cash to return to shareholders and bolster its balance sheet.
Pearson has agreed to sell almost half of its stake in Penguin Random House (PRH) to joint venture partner Bertelsmann for $ 1 billion
** Britain's Pearson 2nd top performing blue chip in London on plans to sell part of its stake in book publisher Penguin Random House ** Pearson to sell 22 pct stake in Penguin Random House to JV partner ...
Oct.04 -- John Fallon, Pearson Plc chief executive officer, spoke about the company's pivot to digital technology with Bloomberg's Tom Keene and Francine Lacqua Sept. 28 on "Bloomberg Surveillance."