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Downbeat Pearson guidance hits FTSE 100

2015-10-21 11:57:07| BBC News | Business | UK Edition

The FTSE 100 falls, with shares in publishing group Pearson diving 16% after it warns full-year earnings will at the low end of expectations.

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Pearson sells 50% stake in the Economist Group

2015-08-12 11:14:05| Automakers - Topix.net

Pearson PLC has agreed to sell its 50% stake in the publisher of the Economist magazine to the unit's existing shareholders for GBP469 million in cash, the company's latest move to focus on education. Pearson on Wednesday said it would sell 27.8% of the Economist Group's ordinary shares and all of the B special shares to Exor SpA, the investment vehicle of Italy's Agnelli family, for GBP287 million.

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Pearson sells Economist Group stake

2015-08-12 08:48:13| BBC News | Business | UK Edition

Publishing group Pearson says it has agreed to sell its 50% stake in the Economist Group for 469m.

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Pearson to sell Economist stake

2015-07-26 10:08:27| BBC News | Business | UK Edition

Publishing company Pearson is to sell its 50% stake in the Economist Group, days after announcing the sale of the Financial Times.

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FT owners Pearson posts 115m loss

2015-07-24 08:24:13| BBC News | Business | UK Edition

Publishing group Pearson - which is selling its Financial Times newspaper - reports a first half loss of 115m compared with 36m a year earlier.

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