Pearson's shares slide on earnings cut
In the third quarter sales dropped 5% on a constant currency basis
Company
Pearson PLC
LON:PSON
Pearson is an international media company with market-leading businesses in education, business information and consumer publishing.
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Investments and investor services
Risers & Fallers: Cranswick, Regency Mines, Strat Aero, APR Energy, ITM Power and Koovs
Below are the main news-driven share price movements at 3.30pm.
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Risers and fallers, including Venn Life,IGas, Cineworld, Lansdowne, Lonmin...
Here's a first look at the main movers in early deals in London on Thursday....
‘The Economist’ and Ferrari become relatives as Fiat Chrysler’s investment arm buys Pearson’s stake
Pearson is offloading a 27.8% holding in The Economist Group to Turin-based Exor Spa, which is controlled by the Agnelli family, for £287mln.
Investments and investor services
FTSE 100's last minute spike can't prevent losses
FTSE 100 eased 1.4%, or 93 points, to 6,541, after a last minute spike softened the blow.
Investments and investor services
Most followed: Chinese devaluation, Interserve, Netplay TV, Pearson
As Mrs Doyle from Father Ted probably never said: "Yuan, yuan, yuan". It's all about the second "one off event" of a Chinese currency devaluation this morning.
Investments and investor services
Asia-focused stocks take hit from Chinese currency turmoil
Miners fall as Beijing's move sparks commodity demand fears
Pearson sells stake in The Economist for £469mln
Education group sells news magazine to founders of Italy's Fiat Chrysler
Investments and investor services
FTSE ends much lower as markets drop after China sell-off
In the UK, the FTSE 100 Index shed 74 points, or 1.1% to 6,505.
Investments and investor services
Risers & Fallers including Metminco, Nyota, Photonstar, Pearson, Dialight, Golden Saint...
Photonstar led the risers after it signed a new contract with a leading electronics company, while Golden Saint resources fell after revealing a share placing.
Pearson to sell 50% stake in The Economist
Planned sale follows deal to off-load FT Group to Nikkei
Pearson "eyes more sell-offs" as Nikkei reassures on FT
Pearson could sell stake in Penguin Random House, analysts say
Investments and investor services
Oil majors drag on shares as crude prices flounder
Falling gold prices are taking the shine off miners
Pearson's FT sale may just be the start, suggests Deutsche
Unsurprisingly, Pearson and its sale of the FT to Japan's Nikkei received coverage...
Investments and investor services
Markets dip on lacklustre European economic data
Pace of eurozone economic growth slowed slightly in July
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FTSE100 called to start lower after China data disappoints
FTSE100 is called to start lower as traders are put off.....