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Stock Market & Financial Investment News

News Breaks
April 15, 2014
08:02 EDTJWAJohn Wiley & Sons acquires CrossKnowledge for $175M
John Wiley & Sons announced that it has signed a definitive agreement to acquire CrossKnowledge for $175M in cash. The transaction is expected to close on May 1. CrossKnowledge is a privately-held company based in France. It offers subscription-based, digital learning solutions for multi-national corporations, universities, and small and medium-sized enterprises. CrossKnowledge generated $37M of revenue in its fiscal year ending June 30, 2013.
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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.
September 9, 2014
08:03 EDTJWAJohn Wiley & Sons backs FY15 EPS view $3.25-$3.35, consensus $3.34
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08:02 EDTJWAJohn Wiley & Sons reports Q1 adjusted EPS 56c, consensus 53c
Reports Q1 revenue $438M, consensus $430.49M. Reports Q1 journal subscription revenue of $169M up 1% on a constant currency basis.

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