<b>Thu 23 July 2015 16:03 | A A A (ShareCast News) - Japan's Nikkei has bought the Financial Times from Pearson for 160bn Yen (£829m), according to Dow Jones Newswires.</b> Register for Pearson plc share research updates Japan's Nikkei has bought the Financial Times from Pearson for 160bn Yen (£829m), according to Dow Jones Newswires.That follows confirmation from the British publisher earlier in the day that it was in advanced talks with a possible buyer. The transaction was announced via an e-mail to Nikkei's subscribers. Established in 1876 and with news bureus in 26 locations Nikkei's operations range from books, magazines to digital media, database services, broadcasting and other activities such as economic/cultural events.
1 Jul '15
Sell Pearson on U.S. education weakness: Pearson, the media group that owns The Financial Times newspaper, has taken a big gamble on the education sector, while a slowdown in the U.S. has left the shares looking overvalued. The FTSE 100-listed company is grappling with falling profits from its historic print media business. Pearson undertook a major reorganisation two years ago when John Fallon, the former head of the education division, replaced Dame Marjorie Scardino as Chief Executive. There are worrying signs that the U.S. education market is slowing down. A rival U.S. company, Apollo Education, cut its guidance for full year revenues this week after fewer students enrolled on its courses. The media giant is still a well-diversified group. It holds a 50% stake in the Economist newspaper and 47% of the world’s largest publishing company, Penguin Random House, with German partner Bertelsmann. The shares are now almost exactly where they were at the start of 2013, after they have steadily recovered from a shock profit warning at the start of last year. The profit recovery that is expected this year could also falter in the second half. The shares don’t pass our test. Questor says “Sell
18 Jun '15
Pearson to sell Powerschool for $350m Deal is part of education company’s shift from back-office functions to teaching and assessment
24 Apr '15
Sharecast on Pearson
Publishing and education group Pearson said it was in line to meet its full-year expectations after a solid start to the year. The FTSE 100 group said sales in the first quarter of 2015 rose 5% year-on-year, boosted by a strong dollar. Ongoing sales were flat at constant exchange rates compared with the corresponding period 12 months ago, while excluding exceptional items, sales fell 1% to £900m on a reported basis. The London-listed company reiterated guidance for full year adjusted earnings per share of between 75p and 80p this year, up from 66.7 in 2014. Pearson, which owns the Financial Times, proposed a final dividend of 34p, bringing the total dividend to 51p for 2014, a 6% increase year-on-year. Meanwhile, the group chairman Glen Moreno has announced he will step down from the board in the next twelve months after more than nine years in the role. A successor has not yet been identified.
16 Mar '15
Up and Up
This share price just seems to rise and rise..... Happy days
8 Oct '14
RE: PSON Chart Breakout......
PSON PEARSON, had a moderate punt on a S/Bet , is positive and looks like resistance turned support. https://pbs.twimg.com/media/Bza3bU_IIAARQZl.jpg
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