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Stock Market & Financial Investment News

News Breaks
April 25, 2014
09:50 EDTPSOPearson reports Q1 sales GBP0.9B
Reports Q1 sales excluding Penguin and Mergermarket increased by 2% at constant exchange rates, and 1% underlying, to GBP0.9B. Headline sales declined 6% due to the strength of sterling against the US dollar and key emerging market currencies. By geography, North America again benefited from later second semester purchasing in higher education, with December sales again deferred into January, and good growth in digital and services. All key regions in Growth started well. Core was weak, as expected, mainly due to the timing of assessments and qualifications in the U.K.
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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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