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Stock Market & Financial Investment News

News Breaks
October 3, 2012
06:17 EDTPSOPearson CEO Marjorie Scardino to step down at the end of 2012
Pearson is announcing that Marjorie Scardino has decided to step down as Pearsonís CEO at the end of 2012. John Fallon will succeed her as CEO on January 1, 2013, and joins the Pearson board with immediate effect. John Fallon has been CEO of Pearsonís International Education division since 2008 (and before that chief executive for Europe, Middle East and Africa since 2003) and is responsible for education businesses outside the US including in fast-growing markets such as China, India, Brazil and Southern Africa. Reference Link
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February 27, 2015
06:10 EDTPSOPearson proposes to raise dividend 6% to 51p
Pearson said its board is proposing a dividend increase of 6% to 51.0p, subject to shareholder approval.
06:09 EDTPSOPearson sees 2015 adjusted EPS 75p-80p
The company said, "In 2014, we completed the major restructuring and product investment programme, initiated in 2013, designed to accelerate Pearsonís shift towards significant growth opportunities in digital, services and fast-growing economies. We believe this will provide Pearson with a significantly larger market opportunity, a sharper focus on the fastest-growing markets and stronger financial returns. In 2015, we are returning to more normal levels of restructuring expenditure. Based on 21 January 2015 exchange rates, we expect to report adjusted earnings per share of between 75p and 80p in 2015."
06:08 EDTPSOPearson reports 2014 adjusted EPS 66.7p vs. 70.1p last year
Reports 2014 sales GBP 4.87B vs. GBP 5.07B last year.
06:06 EDTPSOPearson names Coram Williams as new CFO
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