Pearson

Samuel Pearson founded S Pearson and Son in 1844 as a construction company. The company grew incredibly over four decades and later moved to London from Yorkshire in 1890. S Pearson and Son landed a significant contract in the early 1900s to construct the East River Tunnels in New York, United States. In the 1920s, the company switched to publishing after acquiring Longman and FT. Since then, the company provides educational products and services to a range of customers, including governments.

In the early 1900s, Pearson had varied interests in several industries, including oil and finance. In 1984, S Pearson and Son changed its name to Pearson Plc. Five years later, the company began divesting its oil interests. In the early 2000s, Pearson divested all other businesses to focus on publishing solely. Pearson listed on the London Stock Exchange in 1969 trading as PSON and on the New York Stock Exchange in 2000 trading as PSO. London headquarters of the company.

Latest Pearson News

FTSE 100 Index – An Overview Of Monday, October 21st, 2019

The Brexit derived volatility continues to keep the financial markets on the toes with uncertainty quite evident in the FTSE 100 index. The market opened at 7,150.57 level this morning, October 21st, 2019. The first hour of the trading session...

Pearson share price: Analysts mull over profit warning

While Pearson (LON:PSON) has been shifting focus to e-learning and digital resources, this kind of transformation does not happen overnight, Hargreaves Lansdown has said. The comments came after the troubled publisher cautioned on profits yesterday, having suffered from weaker-than-expected trading...

Pearson share price tanks as publisher warns on profits

Pearson’s (LON:PSON) share price has posted a hefty fall in London this morning as the education publisher warned that its operating profit will come in at the bottom end of its guidance range. The update comes after the company posted...

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