Wed, 19/01/2011 - 08:45
Penguin parent company Pearson has reported "strong trading momentum" across all its major businesses in 2010, with Penguin posting a "very good competitive performance".
According to its trading statement for the 2010 calendar year, the company is expecting to report operating profits for 2010 of approximately...
Tue, 18/01/2011 - 08:54
Pearson has paid $127m for a controlling stake in educational technology company TutorVista.
The Bangalore-based company supplies digital content to around 3,300 classrooms across India and provides online tutoring to approximately 10,000 students per month. It also operates a network of 60 centres across southern India that deliver...
Tue, 27/07/2010 - 07:06
Pearson's share price rose more than 5% yesterday (26th July) with a strong first-half helping to push the share price beyond £10, after the group posted a 79% increase in adjusted operating profit to £178m.
Commentators and analysts welcomed the results, with good performances from Pearson Education, Penguin and the ...
Mon, 19/07/2010 - 09:25
Random House chief executive Dame Gail Rebuck and Pearson chief executive Marjorie Scardino have both risen in the ranks of MediaGuardian's top 100 media moguls.
Rebuck, who is the highest placed representative from a book publisher, has increased her ranking from last year, when she was placed at number 55. Scardino, who heads up...
Sun, 28/03/2010 - 08:00
Pearson's top executives all took home more pay in 2009 than 2008, despite the pay freeze imposed on staff earning above £30,000.
Pearson chief executive Marjorie Scardino was paid £2.3m over the year, up 13%, thanks to a £1.3m bonus; Penguin chief executive John Makinson received £1.4m, up 15%, thanks to a...
Tue, 20/10/2009 - 07:54
Penguin has seen double-digit growth in the first nine months of 2009, according to a trading update from its parent Pearson. Pearson Education has reported headline growth of 25%. While at the Pearson Group sales rose 20% and operating profits up 19%, which it reported was "ahead of expectations".
The result means Pearson has...
Mon, 24/08/2009 - 07:09
Pearson has topped a new study for the Observer newspaper on gender balance and equal opportunities in the boardrooms of FTSE 350 companies. The company is only one of nine with a female c.e.o., Dame Marjorie Scardino, plus a female chief financial officer, Rona Fairhead, one of only 10 in the list.
The research, carried out by...
Mon, 13/07/2009 - 06:53
Dames Marjorie Scardino and Gail Rebuck, plus Borders UK chairman Luke Johnson, have again been named in the MediaGuardian 100. However all three have fallen down the ranks of the annual list.
The MediaGuardian 100 lists the most powerful people in televeision, radio, newspapers, magazines, digital media, media business, advertising,...
Mon, 16/03/2009 - 09:05
Top executives at publishers Reed Elsevier and Pearson saw their salaries fall in 2008, according to accounts released by the publicly-quoted groups. Nevertheless, both chief executives of the two groups earned more than £2m in the year.
Pearson chief executive Marjorie Scardino, and top earner, made £2.1m, including a...
Mon, 28/07/2008 - 08:23
Penguin has seen sales rise by 9% and operating profit by 22% in its first half, in what its chief executive John Makinson called a "vintage six months". The results were revealed in its parent Pearson's six month update, with the breakdown of sales indicating that Pearson Education was the group's strongest performer with a...