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Pearson PLC (PSON.L)

PSON.L on London Stock Exchange

21 Oct 2016
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10.00p (+1.31%)
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Latest Key Developments (Source: Significant Developments)

Pearson says H1 trading in line with expectations
Friday, 29 Jul 2016 02:00am EDT 

Pearson Plc : Is trading in-line with expectations set in February and is reiterating 2016 guidance . Growth and simplification plan is on-track and our 2018 goals are unchanged . If current exchange rates persist until end of 2016 earnings per share guidance range will increase by approximately 4p . H1 sales of 1,866 mln pounds declined 7 pct in underlying terms primarily due to expected declines in assessment revenues in US and UK . H1 adjusted EPS loss 1.3 pence versus 4.4 pence profit year ago . Interim dividend 18 penceper share . H1 adjusted operating profit of 15m pounds is in-line with our expectations and down 39m pounds when compared to H1 2015 . H1 revenues declined 11 pct at constant exchange rates, reflecting underlying revenue declines . Dividend held level at 18p, in-line with previous guidance, reflecting board's confidence in medium term outlook .In 2016, expect to report adjusted operating profit, adjusted EPS before costs of restructuring of between 580m pounds and 620m pounds and between 50p and 55p.  Full Article

Pearson PLC agrees to sell 50 pct. stake in The Economist Group
Wednesday, 12 Aug 2015 02:01am EDT 

Pearson PLC:Says that it has agreed to sell its 50 pct. stake in The Economist Group for 469 million pounds, payable in cash.Says EXOR SpA has agreed to purchase 27.8 pct. of The Economist Group's ordinary shares for consideration of 227.5 million pounds and all of B special shares for consideration of 59.5 million pounds from Pearson.Says Pearson's remaining ordinary shares will be repurchased by The Economist Group for a total consideration of 182 million pounds.  Full Article

Pearson PLC declares interim dividend
Friday, 24 Jul 2015 02:01am EDT 

Pearson PLC:Says it has declared an interim dividend of 18p per share, a 6 pct increase on 2014.  Full Article

Pearson PLC announces Chairman intends to step down
Friday, 24 Apr 2015 02:00am EDT 

Pearson PLC:Says Glen Moreno intends to step down from board in next twelve months, after more than nine years as Chairman.Sasy committee of board, headed by senior independent director, Vivienne Cox, will select his successor.  Full Article

Pearson PLC appoints chief financial officer
Friday, 27 Feb 2015 02:02am EST 

Pearson PLC:Appoints Coram Williams as its new chief financial officer.  Full Article

Pearson PLC reaffirms FY 2015 EPS outlook
Friday, 27 Feb 2015 02:01am EST 

Pearson PLC:Expects FY 2015 adjusted earnings per share of between 75 pence and 80 pence.  Full Article

Pearson PLC proposes final dividend
Friday, 27 Feb 2015 02:01am EST 

Pearson PLC:Proposes final dividend for 2014 of 34.0p, bringing total paid and payable in respect of 2014 to 51.0p, a 6 pct increase on 2013.  Full Article

Pearson PLC reaffirms FY 2014 outlook; gives FY 2015 EPS outlook in line with analysts' estimates
Wednesday, 21 Jan 2015 02:00am EST 

Pearson PLC:Expects to report FY 2014 results in line with guidance the company set out at beginning of 2014 with adjusted operating profit and adjusted earnings per share expected to be about 720 million pounds and 0.66 pounds, respectively.Says that preliminary guidance range for FY 2015 adjusted earnings per share (EPS) is 0.75 pounds to 0.80 pounds.FY 2015 EPS of 0.75 pounds - Thomson Reuters I/B/E/S.  Full Article

Deutsche Bank and Pearson help European shares rally

LONDON, Oct 4 European shares advanced on Tuesday, with Germany's Deutsche Bank hitting a two-week high following steep losses and the world's biggest education company Pearson gaining after encouraging comments by Morgan Stanley.