Pson L News Today

26 April 2021 | 08:30am StockMarketWire.com - UK stocks opened lower on Monday as a strengthening pound put pressure on exporters, while rampant Covid-19 outbreaks in countries such as India and Brazil continued to temper global recovery hopes. Sentiment, however, was at least being partly bolstered by some earnings upgrades from local mid- and small-cap companies. At 0817, the benchmark FTSE 100 index was down 19.35 points, or 0.3%, at 6,919.21. Educational publishing and services group Pearso...

26 April 2021 | 07:06am StockMarketWire.com - Educational publishing and services group Pearson said its first-quarter sales had grown 5% year-on-year, underpinned by a strength in its online learning business. The growth in sales for the three months through March included a 25% jump in online learning and a 1% rise in US courseware, offset by 2% in each of global assessment and international. Pearson said it still expected its performance to be in line with a 2021 outlook outlined on 8 March....

26 April 2021 | 16:37pm StockMarketWire.com - After struggling for direction for much of the day the FTSE 100 strengthened this afternoon, bolstered by a decent open on Wall Street. By the close the index was up 0.35% at 6,963.12 with the S&P 500 in the US gaining 0.3% to 4,192.63 by 4.30pm UK time. Educational publishing and services group Pearson gained 3% to 824.8p as its first-quarter sales grew 5% year-on-year, underpinned by online learning. Pearson stuck to its previous annual guidance. ...

FTSE 100 flat amid fears over worsening Covid situation in India

FTSE 100 surges as bond concerns ease

8 March 2021 | 08:41am StockMarketWire.com - UK stocks opened higher on Monday after the US Senate passed a $1.9 trillion stimulus package and oil prices rose due to attacks on facilities in Saudi Arabia. At 0828, the benchmark FTSE 100 index was up 29.98 points, or 0.5%, at 6,660.50. BP gained 1.8% to 324.44p and Shell gained 1.8% to £15.76 after Brent crude rose above $70 a barrel. Educational publisher and services group Pearson shed 2.7% to 739.8p, even as it posted a rise in annual profit...

8 March 2021 | 12:10pm StockMarketWire.com - The FTSE 100 was up 0.2% to 6,644.30 by midday, amid volatility in the oil price after attacks on Saudi Arabian facilities over the weekend and continuing nervousness about inflation. Educational publisher and services group Pearson gained 5.5% to 801.6p as it posted a rise in annual profit owing to the sale of a stake in publisher Penguin Random House and lower restructuring charges. Pearsons underlying earnings, however, fell after the pandemic le...

8 March 2021 | 07:10am StockMarketWire.com - Educational publisher and services group Pearson posted a rise in annual profit after it benefited from the sale of a stake in publishing group Penguin Random House and lower restructuring charges. Underlying earnings, however, fell after the pandemic led to school closures and disrupted exam schedules. Pre-tax profit for the year through December increased to £354 million, up from £232 million year-on-year, even as revenue fell 12% to £3.40 billi...

Pearson forecasts up to 47% drop in annual adjusted earnings

20 January 2021 | 08:45am StockMarketWire.com - UK stocks edged lower in early trading on Wednesday as a soaring Covid-19 casehold stokes concerns that Britains third nationwide lockdown wont be ending any time soon, tempering US stimulus hopes. At 0825, the benchmark FTSE 100 index was down 5.22 points, or less than 0.1%, at 6,707.73. Home secretary Priti Patel warned the national lockdown has a long way to go before being lifted, in an interview with Sky News. In a busy morning for the mining...