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Pearson PLC

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  • Watch Out Apple: Judge Favors US in E-Books Case Thursday, 23 May 2013 | 6:59 PM ET
    Apple CEO Tim Cook

    A federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple engaged in a conspiracy to increase e-book prices.

  • May 9- Shares in Barnes& Noble Inc rose 32 percent in premarket trading on Thursday after a report that its partner Microsoft Corp is considering an offer to acquire all of Nook Media's digital assets.

  • SINGAPORE, May 7- Asia cash premiums remained well supported as traders continued to factor in for tighter supplies in June due to slimmer Western arbitrage flows into Asia. -U.S. oil major Chevron sold 20,000 tonnes of 380- cst to Singapore trader Hin Leong at an outright price of around $619 a tonne, or a premium of around $3.30 a tonne.

  • SINGAPORE, May 6- Asia cash premiums were firmer on Monday, rising nearly $1 on expanding concerns over thinner June arbitrage supply flows from the West into Asia. Western traders Mercuria and Glencore were extremely aggressive in their bids at both the front and back-end of the trading cycle May 21- June 5.

  • Nook HD Tablet

    Barnes & Noble aims to make its "Nook" tablets more appealing to consumers by offering buyers access to Google's apps store, hoping to generate interest in the device.

  • SINGAPORE, May 3- Asia cash premiums were higher on Friday after more than 120,000 tonnes of high sulphur fuel oil was traded in over-the-counter trade at strong premiums, reflecting concerns over lower arbitrage supply flows from the West in June.

  • Asia Fuel Oil-Firm on near term tightness Thursday, 2 May 2013 | 6:54 AM ET

    During OTC trade, Swiss-based trader Mercuria posted a bid for a 20,000 tonne cargo of 180- centistoke loading May 23-27 at a premium of $4 a tonne and $4.50 a tonne for a similar sized cargo loading between May 28 through June 1.

  • UPDATE 1-RTL Group shares dip on Frankfurt debut Tuesday, 30 Apr 2013 | 7:00 AM ET

    FRANKFURT, April 30- Shares in German media conglomerate RTL Group slipped below their issue price in their first day of trading on Frankfurt's stock exchange, following the world's largest share offering of a media group in eight years.

  • SINGAPORE, April 30- Asia cash premiums and front-month timespreads remained firm on Tuesday, as an anticipated delay to Western arbitrage flows was expected to tighten supply availability within the second half of May, traders said.

  • NEW YORK, April 29- Publishing house Macmillan moved on Friday to settle a raft of antitrust suits accusing it of conspiring with other publishers to raise e-book prices, hammering out a $26 million settlement with a group of states and individuals, court filings show. Macmillan is a unit of Verlagsgruppe Georg von Holtzbrinck GmbH, based in Germany.

  • SINGAPORE, April 29- Asia cash premiums and front-month timespreads strengthened on Monday reflecting lower-than-expected Western arbitrage flows from Europe into Asia for May that are likely to arouse fears in the middle of the month of a near-term supply shortage, traders said.

  • "The market is well supplied, I'm not sure the deals are reflective of tightening supply, it's more a case of a trading play which is designed to lift up the premium in that part of the month," a Singapore- based trader said. "There was some tightness at the start of the month, but it shouldn't be the case now, because of the low-density supply flow into Singapore next month."

  • SINGAPORE, April 25- Asia fuel oil cash premiums were steady on Thursday, but are expected to be weighed down as supply improves, traders said. "Previously there was a perception of tightness that might have been a little overdone, but now, with no shortage of blending components, the market seems to have allowed better sense to prevail," a Singapore- based trader said.

  • Apple CEO Cook Ordered to Testify in E-Books Case Wednesday, 13 Mar 2013 | 4:54 PM ET
    Tim Cook

    Apple CEO Tim Cook must testify in a federal antitrust lawsuit that alleges price-fixing by Apple and e-book publishers, a judge ruled Wednesday.

  • NEW YORK, March 13- Apple Inc Chief Executive Tim Cook must sit for a deposition in the U.S. government's lawsuit against the company over alleged price-fixing in the e-book market, a judge ruled on Wednesday. The government had argued that Cook likely had relevant information about Apple's entry into the e-books market.

  • *Deal values BMG at 1.1 bln eur incl debt- Bertelsmann CEO. FRANKFURT, March 1- Bertelsmann AG, Europe's largest media company, is buying out its partner in music rights company BMG, banking on pop fans splashing out on more digital downloads.

  • Feb 25- Barnes& Noble Inc said its chairman, Leonard Riggio, plans to make an offer for the company's bookstores, a deal that would result in splitting them off from the company's Nook device and e-book business, which has been losing ground to Amazon.com.

  • Feb 25- Barnes& Noble Inc said its chairman, Leonard Riggio, plans to make an offer for the bookseller's retail business, a deal that would result in splitting off the traditional book business from the company's Nook devices, which have been losing ground to Amazon.com' s Kindle.

  • Feb 25- Barnes& Noble Inc Chairman Leonard Riggio, joining a growing list of executives lining up to buy the fading companies they founded, offered to buy the bookseller's declining retail business, leaving it to focus on its more promising Nook e-reader and college bookstores.

  • Stakes Are High for Apple in E-Book Antitrust Case Wednesday, 13 Feb 2013 | 1:36 PM ET

    Apple may find itself in hot water if the Justice Department's antitrust allegations involving e-books go to trial.