European stocks finished off Friday in the red, following a volatile five days of mixed earnings and a sell-off in commodities.
On the surface it looks like a good bit of business, but media-watchers have mixed feelings about Nikkei's swoop on the FT.
Tsuneo Kita, Chairman of Nikkei, says the Financial Times has won trust of global readers and the Nikkei wants to help boost that brand.
CNBC's Catherine Boyle says it would be hard for Pearson Group to turn down such an offer from Nikkei on the FT Group.
Jonathan Helliwell, media analyst at Panmure Gordon, says Pearson's sale of the Financial Times Group was a good business move.
Company increases dividend and confirms guidance after first-half operating profit dipped, partly on the timing of textbook adoption in the US.
European stocks ended lower on Thursday, after a flurry of corporate earnings came out from across the region.
Ian Whittaker, head of media research at Liberum Capital, discusses Pearson's decision to sell the Financial Times Group to Nikkei.
Nikkei, the Japanese media company, has trumped Germany’s Axel Springer, in a tussle to buy the FT Group from Pearson for £844m, the FT reports.
Pearson is in advanced talks to sell the FT Group to Germany's biggest newspaper company Axel Springer, the Financial Times reported.
British publishing company Pearson is exploring the sale of its financial newspaper, The Financial Times, Bloomberg reported.
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.