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Stock Market & Financial Investment News

News Breaks
March 7, 2013
07:05 EDTJWAJohn Wiley & Sons sees Q4 restructuring charges $25M
John Wiley & Sons is finalizing plans to realize approximately $80M in cost savings on a run-rate basis by the end of April 2014, working with a third-party restructuring firm since January. As part of the implementation of the restructuring program, Wiley expects to record a restructuring charge of approximately $25M in Q4. At least one additional charge in FY14 is expected as phases of the program are implemented over the course of the year. The charges will be related principally to severance and other employee separation-related benefits as well as other business transition-related costs.
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September 17, 2014
07:48 EDTJWAJohn Wiley & Sons partners with Silvercloud Health
SilverCloud Health and John Wiley & Sons announced a strategic partnership. The partnership will see the creation of a range of therapeutic programs across behavioral health and long-term chronic disease management to be delivered via SilverCloud Health’s cloud-based technology platform. The first set of programs, to be released in 2015, will address Generalized Anxiety Disorder and Diabetes. The partnership will enable SilverCloud to expand its existing program library across both areas.

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