Education news

Chegg Inc. (NYSE: CHGG) said on Monday that its financial performance remained robust in the fiscal fourth quarter of 2020 amidst the ongoing Coronavirus pandemic that has so far infected more than 27 million people in the United States and caused a little under half a million deaths. The…

Barnes & Noble Education Inc. (NYSE: BNED) Chief Financial Officer Thomas Donohue told The Wall Street Journal in an interview the company will continue prioritizing cost-cutting initiatives as many schools across the world remain closed. College campus exposure Barnes & Noble Education was created in 2015 when the iconic…

In an announcement on Wednesday, Pearson plc (LON: PSON) said that its underlying sales came in 10% lower in the fiscal third quarter. For the full year, however, it expressed confidence that performance was in line with expectations. Shares of the company were reported more than 1% up in…

Just in time for the back-to-school season, Piper Sandler analysts initiated coverage of textbook rental company Chegg Inc (NYSE: CHGG) on Thursday with an Overweight rating and a $90 price target. The research report Piper Sandler analysts named the educational-focused company as one of the top beneficiaries of the…

Relx Group plc (LON: REL) has been committed to expanding its footprint in digital analysis in recent months. In an announcement on Friday, the European information group said that it had struck a deal to buy SciBite; a UK based big data analytics provider that primarily works in the…

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…

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…

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