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. The first female chief executive of a FTSE 100 company had previously declared that the famous pink-paged FT title would be sold "over my dead body".
LONDON-- Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.
In Maine, New Jersey and North Carolina, officials have refused to allow new cyber-schools to open this year, citing concerns about poor academic performance, high rates of student turnover and funding models that appear to put private-sector profits ahead of student achievement.
*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.
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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.
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