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
*First female FTSE CEO to step down at year end. *Move sparks speculation of FT Group sale. The first female chief executive of a FTSE 100 company had previously declared that the famous pink-paged FT title would only be sold "over my dead body".
LONDON, Oct 3- Pearson PLC:. *Incoming CEO says ft group is a part of the business I value. *CEO says parts of US education are turning around.
LONDON, Oct 3- Pearson Chief Executive Marjorie Scardino is to step down after 16 years in the job in which she transformed the group from a diverse set of assets into an educational and media powerhouse.
LONDON, Oct 3- Marjorie Scardino, the chief executive of publishing group Pearson, is to step down at the end of the year after 16 years in the job, bringing to an end a period of transformational change for the group.
Apple has not revolutionized the textbook. They have revolutionized the textbook distribution model.
Wall Street suffered through another brutal selloff Monday, with investors heading for the exits ahead of Thanksgiving as both the U.S. and Europe struggled to deal with their burgeoning debt crises.
Interactive textbooks on tablet devices, including Apple's iPad, are changing the way students learn and the way educators teach. The technology could revolutionize colleges, universities, and schools of all kinds.
If stocks could attend William and Kate's wedding, Cramer thinks these names would be on the list.
Google is making the leap from digital librarian to merchant in a challenge to Amazon.com Inc. and its Kindle electronic reader.
For 16 years, Marshall A. Cohen served as a director of the American International Group, stepping down just months before the company’s near-collapse in 2008. Several months later, Mr. Cohen was again in demand, joining the board of Gleacher & Company, a New York investment bank.
Cramer makes the call on viewers' favorite stocks.
A $3.4 billion acquisition by two private equity firms reflects the increasing momentum in leverage ratios.
The news is out, Apple's iPad will compete with e-Readers, portable game devices, and it will create a whole new category of portable video players. The good news for content creators is the fact that it'll sell for $499.
This is a live blog from Jim Goldman who is in San Francisco attending an event at the Yerba Buena Center for the Arts where it is expected Apple will unveil and share details of its newest product, The iPad.
Shares in publishing group Pearson surged by nearly 10 percent, topping the FTSE, after it reported strong earnings due to a rise in its educational publications business, the largest in the world.
Apparently Tina Turner was right: We don't need another hero. That ship captain who was held hostage by Somali pirates got a book deal that was just a fraction of the deal that other hero, the pilot who landed a jetliner safely in the Hudson, got. What's the matter — do we have "hero fatigue?!"
Two experts, Stephen Mauzy at S.P. Mauzy & Associates and Mike Rubino of Rubino Financial shared their outlook on the economy and where investors should put their money.
Although a longshot in winning the gold in our World Markets Challenge, the UK's FTSE 100 is now less than 1% behind the S&P 500 on the leaderboard. Here are some key stats on Britain's economy and markets.
Rupert Murdoch's recently acquired Dow Jones publishing business will start printing the Wall Street Journal in London this month, raising the competitive threat to rivals like Pearson's Financial Times.
Educational publisher Pearson said on Monday trading was strong in the third quarter and that underlying sales and operating profit rose 6 and 20 percent respectively over the first nine months of the year.