Education news & headlines
Latest breaking stories, features and analysis
- Pearson plc reports a 32% increase in its global online learning sales in Q3.
- Disney’s Andy Bird to take on the role of Pearson’s CEO next week.
- Pearson says its underlying sales were 10% down in the fiscal third quarter.
Latest Education news
Pearson plc (LON: PSON) revealed to have swung to a loss in the first half (H1) of the current fiscal year on Friday. The company, however, expressed confidence that it will hit its annual targets this year as it announced that demand was recovering quickly since June. The British supplier of plumbing equipment, Ferguson, also reported a 0.6% decline in U.S. sales on Friday. Shares of the company opened about 6% down on Friday but jumped 3% on ma...
Online educational technology company Chegg Inc (NYSE: CHGG) has seen its stock soar higher by nearly 70% since the start of the end of March as the company’s goal of offering a compelling online education platform is gaining traction amid the COVID-19 pandemic, Chegg CEO Dan Rosensweig said on a Fox Business interview. Fixing education Chegg’s founding purpose was to help more people not only learn more often but do so at a cheaper cost compared...
Comments follow publisher’s full-year results
Company expects sales to stabilise this year
Publisher flags drop in key US business revenue
Analysts point to recent stock price rally
AT&T shares were trading a little higher Thursday, a day after America’s second largest internet provider announced its plans to provide a 5G network for its users by the end of the year. Currently, it intends to be the first provider to make 5G available to its US users.
Company to return £300 million to shareholders
Investoo Group, one of the world’s biggest FX affiliates, has announced the purchase of 100ForexBrokers.com. It is the Group’s largest acquisition to date.
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Regulations that limit foreign investment into Chinese financial markets relaxed
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Company posts pre-tax loss and decline in revenue
Company posts pre-tax loss on restructuring costs
Company could be facing “painful” write downs, says adviser