The Financial Times and The Economist were sold to help Pearson’s push into education become “one of the great global growth stories of the next decade,” the company’s CEO told CNBC.» Read More
British publishing company Pearson is exploring the sale of its financial newspaper, The Financial Times, Bloomberg reported.
The company's owner, private equity firm Apollo Global Management LLC, has held talks with investment banks about the IPO, though their underwriter roles will not be finalized before the summer, four people said this week. It competes with Pearson Plc and Cengage Learning Inc, and, like its peers, has sought to make most of its offerings available on the Internet as...
Controversy around Common Core hasn't stopped companies like Pearson, McGraw-Hill and Apple from cashing in on huge education contracts.
European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.
European markets closed higher on reports that the ECB is set to buy around 50 billion euros per month of government bonds for around a year.
The debate against Common Core is moving into the state legislatures, even as more parents plan to opt out of spring tests.
European shares traded lower, amid concerns about the results of Europe's bank stress tests and the first Ebola case in New York.
The $7 billion market for tutoring services is in the midst of a transformation, driven by new technology.
Barnes & Noble reported a smaller quarterly loss and said it would separate its retail and Nook Media businesses, sending shares up about 9 percent.
The LSE Group has entered exclusive talks to buy Russell Investments, for an expected $3 billion, the FT reports.
Barnes & Noble, now the second largest operator of college bookstores with 696 shops, plans to have about 1,000 locations within five years.
European equities closed lower on Thursday following disappointing data from the U.S., where manufacturing growth slowed in January.
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.
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.
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.
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.
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.
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 Tim Cook must testify in a federal antitrust lawsuit that alleges price-fixing by Apple and e-book publishers, a judge ruled Wednesday.
Apple may find itself in hot water if the Justice Department's antitrust allegations involving e-books go to trial.