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Pearson PLC

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  • June 25- Barnes& Noble Inc said it would spin off its Nook tablets and college books business, letting go of the loss-making Nook e-reader business to focus on its book stores.

  • UPDATE 1-Barnes & Noble to spin off Nook tablets Wednesday, 25 Jun 2014 | 9:43 AM ET

    The Nook business has cost the company hundreds of millions of dollars as it tried to keep pace with deep-pocketed rivals such as Amazon.com Inc, Apple Inc and Google Inc.. Barnes& Noble said this month it would develop a tablet with Samsung Electronics Co Ltd after curbing production of Nook tablets last year because of the losses.

  • June 25- Bookseller Barnes& Noble Inc reported a smaller quarterly loss and said it would separate its retail and Nook Media businesses, sending its shares up about 9 percent. The company's net loss narrowed to $36.7 million, or 72 cents per share, in the fourth quarter ended May 3, from $114.8 million, or $2.04 per share, a year earlier.

  • NEW BRUNSWICK, N.J., May 8- Barnes& Noble Inc is turning to its college roots to boost its top line.

  • European shares close lower on soft US data, Nokia falls Thursday, 23 Jan 2014 | 12:24 PM ET

    European equities closed lower on Thursday following disappointing data from the U.S., where manufacturing growth slowed in January.

  • Textbook mistake: Chegg stock dives in IPO Wednesday, 13 Nov 2013 | 4:21 PM ET
    Chegg President and CEO Dan Rosensweig, right, meets with specialist Jason Blatt on the floor of the New York Stock Exchange, during its IPO, Nov. 13, 2013.

    Shares of textbook rental company Chegg, whose staff includes a former Yahoo executive, slump in the IPO off its quoted price of $12.50 each.

  • Europe shares close down as autos drag Friday, 26 Jul 2013 | 11:30 AM ET

    European shares closed down on Friday, ending the week with a slight loss, after a choppy trading session which saw Rolls Royce and Daimler drag European bourses lower following analyst downgrades.

  • Judge Says Apple Conspired to Raise Prices on E-Books Wednesday, 10 Jul 2013 | 10:54 AM ET
    The Barnes & Noble Nook, left, and the Amazon Kindle Paperwhite.

    In a major ruling on e-commerce, a federal judge decides that Apple conspired to raise the retail prices of e-books, and says a trial for damages will follow. Apple vows to appeal.

  • Apple verdict may not result in cheaper e-books Wednesday, 10 Jul 2013 | 10:44 AM ET

    A federal judge's ruling that Apple conspired to raise e-book prices may not mean cheaper e-books for consumers. Prices were already dropping.

  • Death of the Textbook—and the 50-Pound Bookbag Friday, 21 Jun 2013 | 4:15 PM ET

    The textbook's day's are numbered, with the rise of e-books and self-publishing. That will mean lighter bookbags and prices, but they're still not cheap.

  • 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.

  • 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.

  • 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.

  • US Debt Ceiling Proposal Helps Europe Shares Higher Monday, 21 Jan 2013 | 11:30 AM ET

    European shares closed higher on Monday, managing to hold onto earlier gains as investor sentiment was buoyed by an agreement among U.S. Republicans on Friday to extend the debt ceiling for three months.

  • Retailers Help European Shares Edge Up on Sales Boost Thursday, 17 Jan 2013 | 8:40 AM ET

    European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.

  • Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation.

  • Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation. Pearson may initiate the sale preparations ahead of the departure of Chief Executive Marjorie Scardino, Bloomberg said.

  • BRUSSELS, Nov 6- European Union regulators are to end an antitrust probe into e-book prices by accepting an offer by Apple and four publishers to ease price restrictions on Amazon, two sources said on Tuesday.

  • BRUSSELS, Nov 6- European Union regulators are to accept an offer by Apple and four publishers to end an antitrust probe into their e-book prices, two sources said, handing Amazon victory in a bid to sell online books cheaper than its rivals, sources said.

  • Carroll’s Resignation Exposes Lack of Women CEOs Friday, 26 Oct 2012 | 9:19 AM ET

    Cynthia Carroll’s departure from the helm of mining company Anglo-American didn’t just affect the company’s share price—it sparked a new round of questions about the lack of women in the top echelons of the business world.