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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
News For PSO From The Last 14 Days
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March 19, 2015
06:55 EDTPSOCertain news agencies form advertising alliance to rival Google, others, BI says
The Guardian, CNN International, The Financial Times , Reuters (TRI) and The Economist are forming an advertising alliance, called Pangaea, in hopes of rivaling Google (GOOG), Facebook (FB), Twitter (TWTR), and LinkedIn (LNKD), reports Business Insider UK. The Financial Times is owned by Pearson (PSO), The Economist Group is 50% owned by Pearson via The Financial Times, and CNN is owned by Time Warner (TWX). Reference Link

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