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; razak.baba@dowjones.com

Stock News for Pearson (PSO)
DateTimeHeadline
05/06/201512:22:01Report of Foreign Issuer (6-k)
05/06/201509:23:23Barclays Reiterates Equal Weight Rating for Pearson PLC (PSO)
05/05/201508:01:44Report of Foreign Issuer (6-k)
05/05/201507:56:05Report of Foreign Issuer (6-k)
05/05/201507:54:23Report of Foreign Issuer (6-k)
05/04/201516:57:42Pearson PLC Lifted to "Hold" at Zacks (PSO)
05/01/201511:42:47Report of Foreign Issuer (6-k)
05/01/201507:01:08Report of Foreign Issuer (6-k)
04/30/201512:41:00Online Summer School Enrollment Open To K-12 Students Worldwide
04/30/201512:03:28Report of Foreign Issuer (6-k)
04/30/201511:44:16Pearson PLC Receives Sell Rating from Westhouse Securities (PSO)
04/30/201511:33:23Report of Foreign Issuer (6-k)
04/27/201509:33:50Pearson PLC Receives "Sell" Rating from Deutsche Bank (PSO)
04/27/201509:16:37Barclays Reaffirms Equal Weight Rating for Pearson PLC (PSO)
04/24/201512:58:18Report of Foreign Issuer (6-k)
04/24/201512:19:24Pearson PLC Earns "Hold" Rating from Investec (PSO)
04/24/201511:27:51Report of Foreign Issuer (6-k)
04/24/201511:18:18Report of Foreign Issuer (6-k)
04/24/201508:40:16Pearson Sales Rise; Chairman Steps Down
04/24/201505:46:27Pearson's Chairman Steps Down; Sales Rise -- Update

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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad