ADVFN - Advanced Financial Network.
HOME» NYSE » P » PSO Stock Price » PSO Stock News

Pearson Share News

 Pearson Stock Price
PSO Stock Price
 Pearson Stock Chart
PSO Stock Chart
 Pearson Stock News
PSO Stock News
 Pearson Company Information
PSO Company Information
 Pearson Stock Trades
PSO Stock Trades

Pearson Buys Globalenglish For $90 Million, Sees Adjusted EPS Enhancing From 2013

LONDON -(Dow Jones)- Pearson PLC (PSON.LN), a provider of education, consumer publishing and business information services, Friday acquired GlobalEnglish Corporation from its current ownership group for $90 million in cash, and said the transaction is subject to approval by GlobalEnglish's shareholders. MAIN FACTS: -Pearson will be expensing integration costs relating to GlobalEnglish in 2012 and expects the acquisition to enhance adjusted earnings per share and to generate a return on invested capital above Pearson's weighted average cost of capital from 2013, its first full year. -GlobalEnglish is a provider of cloud-based, on-demand Business English learning, assessment and performance support software. -Pearson shares at 1228 GMT up 2 pence, or 0.2%, at GBP11.39, valuing the company at GBP9.28 billion. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275;

Stock News for Pearson (PSO)
02/28/201417:03:34ADR Shares End Mixed; Pearson Shares Active
02/28/201412:41:09LONDON MARKETS: FTSE Rises 4.6% On The Month; Pearson Slides
02/28/201409:54:38LONDON MARKETS: FTSE Trims Monthly Gain To 4.5% As Pearson Slides
02/28/201409:45:33EUROPE MARKETS: European Stocks Drop After Euro-zone Inflation...
02/28/201409:42:18EUROPE MARKETS: European Stocks Slip Ahead Of Inflation Data
01/27/201412:18:14LONDON MARKETS: BG Leads FTSE 100 To Five-week Low After Profit...
01/23/201412:50:01LONDON MARKETS: Pearson, Miners Lead FTSE 100 Lower
01/23/201412:13:24EUROPE MARKETS: Weaker China PMIs Spark European Stock Selloff
01/23/201407:54:05EUROPE MARKETS: European Stocks Drop With Earnings; China PMI...
01/23/201404:33:22EUROPE MARKETS: European Stocks Inch Higher After Upbeat PMIs
01/23/201403:50:06Pearson Flags Tough Trading
12/03/201304:20:10Pearson Unveils $720 Million Brazil Buy
12/03/201303:04:10Pearson Buys Brazil's Biggest English-Teaching Firm for GBP440...
11/29/201307:27:08Pearson Sells Mergermarket to BC Partners for GBP382 Million
10/30/201317:54:22ADR Shares End Mixed Following Fed Meeting
10/30/201313:21:26LONDON MARKETS: Barclays, Next Lift FTSE For Fifth Straight Day
10/30/201305:20:03Pearson Warns On Profit
10/30/201304:12:14Pearson Warns On Yearly Profit
10/18/201313:38:08Pearson Seeking Up To $500 Million for Mergermarket -Bloomberg
10/10/201317:10:20ADR Shares End Higher Amid Hints of a Debt-Ceiling Reprieve

Pearson and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations