Pearson "walking the walk" according to JP Morgan, shares advance 2%
Pearson topped the FTSE 100 risers as JP Morgan Cazenove sang the media group's praises in a note released today.
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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Pearson reaffirms full-year guidance after profit jumps in first half
The company is hiking its interim dividend by 5% to 6.6p
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FTSE 100 closes in red to start week as traders fret about global economic picture
The UK's top share index closed down around 10 points, or 0.13%, at 7,413.42
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The week ahead: Pearson, BP Plc, Taylor Wimpey, Next and WPP
It's going to be another week of blue-chip updates, albeit a little quieter this last week.
Pearson could surprise the market after several "painful" years
After several "painful" years, brokers raised their expectations for the publisher with revenue growth potentially on the cards
Pearson gets rare upgrade as Deutsche Bank turns positive
Revenues should grow by 5% a year compound over 2021-25
Pearson agrees £163mln sale of courseware businesses in Italy and Germany
The sale is as part of the group's strategic review of its international courseware local publishing businesses
Pearson contract cancellation raises concerns, say analysts
UBS analysts said it was “a concern that one of Pearson's largest contracts in this area was only minimally profitable given no change to guidance"
Pearson says key US university contract will end next year after ten years
Arizona State University online program management partnership to be terminated
Pearson takeover deal abandoned after third Apollo bid is rejected
The US buyout group must step away from the UK education publisher for six months under UK takeover rules.
Pearson surges as it rejects Apollo's proposal
The company had rejected a proposal back in November from the private equity firm
Pearson's 'resilient' earnings profile appeals to Citi
"We think there is significant long-term upside potential from secondary market recapture in Higher Ed and Enterprise Learning"
Pearson buys digital credentials firm Credly in US$200mln deal
The acquisition enhances the learning group's presence in the fast-growing workforce skills sector
Pearson lifts full-year guidance
The company is forecasting adjusted operating profit of £385mln for 2021, beating the market consensus of £376mln
Pearson hires Google and Twitter director as new chair
Omid Kordestani was chief business officer at Google and was a senior adviser during the transition to Alphabet Inc, while he continues to sit on the board at Twitter
Pearson gets a C+ (again) from City brokers, shares tumble
Shares slumped 12% as UBS said it missed the mark on several metrics
Pearson sales up 10% but effects of Covid dragging on
Tuition app Pearson+ had made a ‘promising start’ following its launch in late July with over 2mln registered users
Pearson a sell as revival plans don't cut it says Berenberg
New vision is little different from previous management's says broker
Pearson shares a “free option on American Families Plan", says this influential broker
JP Morgan Cazenove listed a number of stock drivers as it upgraded its call
Pearson sales recover as schools and colleges reopen
Exam testing bounced back 34% as exam centres also reopened