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Italy's Exor To Reduce Small Investments In Portfolio

MILAN -(Dow Jones)- Italy's Exor SpA (EXO.MI), the investment vehicle of the Agnelli family which founded Fiat SpA (F.MI), Wednesday said it wants to reduce the number of small investments in its portfolio and concentrate on the large holdings. It didn't identify any of the investments it might sell. Some of its smaller investments include stakes in television producer Banijay Group and paper maker Sequana SA (SEQ.FR). Its biggest investments include controlling stakes in Fiat and sister company Fiat Industrial SpA (FI.MI). "We want to reduce the number of small investments in order to concentrate on a few larger ones," said an advance copy of the preface to Exor's annual report by Chief Executive John Elkann. Exor will publish the report April 18 ahead of the May 29 annual shareholders' meeting in Turin, the northwestern industrial city in Italy where Exor and the Agnelli family are based. -By Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908; gilles.castonguay@dowjones.com; @GRCastonguay

Stock News for Pearson (PSO)
DateTimeHeadline
12/02/201608:22:58Report of Foreign Issuer (6-k)
12/01/201608:06:49Report of Foreign Issuer (6-k)
11/25/201603:02:00Pearson Learns the Hard Way in U.S. -- WSJ
11/22/201612:40:00Pearson Learns Painful Lessons as Common Core Fails to Pay Off
11/22/201611:29:00Pearson's Bet on Common Core Fails to Pay Off
11/01/201611:33:37Report of Foreign Issuer (6-k)
10/25/201615:10:00IBM Watson Education and Pearson to Drive Cognitive Learning...
10/20/201607:41:37Report of Foreign Issuer (6-k)
10/19/201611:18:56Report of Foreign Issuer (6-k)
10/18/201603:03:00Pearson Shares Plunge On Weak U.S. Sales -- WSJ
10/17/201609:12:08Report of Foreign Issuer (6-k)
10/17/201607:40:00Pearson Shares Plummet on Weak U.S. Education Sales
10/17/201607:10:00Correction to Pearson Shares Tumble Story
10/17/201605:46:00Pearson Shares Tumble after Sales Slump -- Update
10/17/201602:55:00Pearson Reaffirms 2016 Targets, 2018 Goals
10/04/201606:40:11Report of Foreign Issuer (6-k)
10/03/201610:37:17Report of Foreign Issuer (6-k)
10/03/201610:18:40Report of Foreign Issuer (6-k)
09/27/201610:38:39Report of Foreign Issuer (6-k)
09/19/201609:48:58Report of Foreign Issuer (6-k)

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