|Bid||658.50 x 520900|
|Ask||685.00 x 91100|
|Day's Range||644.50 - 680.50|
|52 Week Range||552.00 - 832.50|
|PE Ratio (TTM)||-2.55|
|Earnings Date||Jul 24, 2017 - Jul 28, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||628.22|
World stocks stayed near record highs on Tuesday, as a flurry of U.S. earnings and a rally in commodity markets helped underpin one of the most durable bull runs of recent history. Stronger profits from investment bank Morgan Stanley and healthcare majors Johnson & Johnson and UnitedHealth looked set to keep Wall Street's rally intact when it reopens after largely flat morning on Europe's big bourses. It had been lifted overnight, along with interest rate-sensitive 2-year Treasury yields, by reports that U.S. President Donald Trump might pick Stanford University economist John Taylor to lead the Federal Reserve after Janet Yellen’s term ends next year.
Publisher Pearson (PSON.L) said on Tuesday it had agreed a deal to insure a third of its pension scheme liabilities totalling 1.2 billion pounds with Legal & General (LGEN.L) and Aviva (AV.L). The deal "substantially reduces" the risk that Pearson would be unable to fund future retiree benefits and was agreed at no further cost to the company, it said in a nine-month trading update. Under the so-called 'buy-in bulk annuity', the insurers take on some of the risk of the pension scheme, which remains with the company.
World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. Reports that U.S. President Trump might pick Stanford University economist John Taylor to lead the Fed after Janet Yellen’s term ends next year sent two-year Treasury yields to their highest since 2008 and pushed up the dollar.
Pearson (PSON.L) said pressures weighing on its North American business were starting to ease, enabling the group to nudge its full-year profit outlook higher and record the first positive trading update for the education group in recent years. Hit by the shift to digital from paper textbooks, Pearson has cut thousands of jobs and launched a rental and online business following a string of profit warnings. On Tuesday it said the rate of decline within its North American Higher Education courseware business had eased, while a reduction in its tax rate and a deal to insure part of its pension obligations would help its financial performance.
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Pearson Plc a score of 16. Our analysis is based on comparing Pearson Plc with the following peers – Daily Mail and General Trust plc Class A, Schibsted Asa Class A and Euromoney Institutional Investor PLC (DMGT-GB, SCHA-NO and ERM-GB). Investment Outlook Pearson Plc has a fundamental ... Read more (Read more...)
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Pearson Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
Research Desk Line-up: Scholastic Post Earnings Coverage LONDON, UK / ACCESSWIRE / August 18, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Pearson ...
Categories: Yahoo FinanceGet free summary analysis Pearson Plc reports financial results for the half-year ended June 30, 2017. We analyze the earnings along side the following peers of Pearson Plc – Schibsted Asa Class A (SCHA-NO) that have also reported for this period. Highlights Summary numbers: Revenues of GBP 2047 million, Net Earnings of GBP -17 million. ... Read more (Read more...)
Education company Pearson said it plans to cut around 3,000 jobs and would slash its dividend, as tough conditions in the industry are forcing it to reshape its business.
A run higher for energy shares and miners, as well as strong updates from Norwegian lender DNB, and a more dovish tone from U.S. Federal Reserve Chief Yellen, helped drive European shares up on Wednesday, though renewed pain for publisher Pearson weighed on the media sector. European shares made early gains and were given a second wind in afternoon trading when Federal Reserve Chair Janet Yellen dampened expectations of more than one interest rate hike this year.
European bourses edged higher Wednesday as investors digested corporate earnings and looked to the US for testimony comments from Fed Chair Janet Yellen.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Takata Corp has added a further 2.7 million airbags ...
Stocks that moved substantially or traded heavily on Tuesday: Rent-a-Center Inc., up 99 cents to $12.09 The company said its board of directors rejected a takeover offer of $15 a share from Vintage Capital ...
U.S. stock futures trade lower on Tuesday, as Wall Street trades cautiously ahead of testimony later in the week from Federal Reserve Chair Janet Yellen.
Pearson said Tuesday that it will sell a 22% stake in Penguin Random House as part of the group's effort to trim its balance sheet and return cash to shareholders.
Pearson Plc will allocate fewer resources to its dividend than some investors expected after a partial sale of its stake in book publisher Penguin Random House, raising concerns that the U.K.-based company ...
Oct.04 -- John Fallon, Pearson Plc chief executive officer, spoke about the company's pivot to digital technology with Bloomberg's Tom Keene and Francine Lacqua Sept. 28 on "Bloomberg Surveillance."