LONDON--(BUSINESS WIRE)-- Highlights Underlying sales growth excluding OPM1 and Strategic Review2 of 3%. Strong operational progress in all divisions and continued execution momentum across our 2024 strategic priorities. Continuing to infuse our products with AI and on-track to include AI features in more than 40 Higher Education titles for the Fall semester. Initial £300m share buyback completed; the previously announced £200m buyback extension has commenced. Omar Abbosh, Pearson’s Chief Executive, said: “The year has started well. Financial performance was in line with our exp...
LONDON--(BUSINESS WIRE)-- (FTSE: PSON.L), the world’s leading learning company, has been selected by the UK Department for Education’s Standards and Testing Agency (STA) to manage the administration, processing and support for all primary school national curriculum assessment (NCA) tests in England. This press release features multimedia. View the full release here: Pearson Awarded UK Government Contract for England’s National Curriculum Assessment (NCA) Tests (Photo: Business Wire) The contract runs for four years beginning from the academic year 2025/26. Pearson will deliver services to ...
HOBOKEN, N.J.--(BUSINESS WIRE)-- As Generative AI rapidly evolves and demand soars for AI-related skills, (FTSE: PSON.L), the world’s leading learning company, is bringing to market new learning content covering the application of AI. According to the World Economic Forum , the increase in adoption of advanced technologies like AI means that 44% of workers will need to be upskilled or reskilled over the next five years. This press release features multimedia. View the full release here: The AI Revolution in Networking, Cybersecurity, and Emerging Technologies (Graphic: Business Wire) Pearson...
HOBOKEN, N.J.--(BUSINESS WIRE)-- (FTSE: PSON.L), the world’s leading learning company, today announced three new Connections Academy virtual school offerings in Pennsylvania, California, and Missouri for the 2024-25 school year. Connections Academy provides a that delivers a high-quality experience specifically designed for effective K-12 learning in a virtual environment. This press release features multimedia. View the full release here: Pearson Announces Three New Connections Academy Full-Time, Online Public School Programs in Pennsylvania, California, and Missouri (Photo: Business Wire)...
ARLINGTON, Va.--(BUSINESS WIRE)-- by (FTSE: PSON.L), a workforce assessment provider that transforms evidence-based insights into talent management solutions, today announced it will be leading a new research program to explore the applications of generative AI in the development and use of assessments. PDRI will use the findings to enhance its assessment solutions and will release the results to educate industry stakeholders on best practices for the use of generative AI in assessment. “Generative AI shows great promise to improve assessment development, quality and fairness but it’s a yo...
LONDON--(BUSINESS WIRE)-- (FTSE: PSON.L), the world’s leading learning company, announces that the following documents have been published today and are available on its . This press release features multimedia. View the full release here: Pearson 2023 Annual Report (Photo: Business Wire) Annual Report and Accounts for the year ended 31 December 2023 (the “Annual Report”) Annual Report on Form 20-F for the year ended 31 December 2023 (the “20-F”) The Annual Report has been submitted to the National Storage Mechanism in accordance with Listing Rule 9.6.1 and will shortly be available f...
LONDON--(BUSINESS WIRE)-- British Esports, the UK’s national esports federation, and (FTSE: PSON,L), the world’s leading learning company, have launched a new suite of higher-tier BTEC qualifications in Esports - the first internationally available qualifications of their kind. The new qualifications offer a route into careers in the exciting esports industry, which is projected to reach revenues of $4.3bn worldwide in 2024, according to Statista*. This continues the successful , in developing the Level 2 and Level 3 BTECs in Esports, which have been delivered in 160+ schools and colleges...
Upgrading Communications, Downgrading Staples In our January 10th Compass, we discussed that a break above 3910 on the S&P 500 would signal a tradable rally, with 4100-4165 our target, which is the top-end of our expected 2023 trading range. We believe equities are still in the midst of a rally/short squeeze, but that the rally is likely to fizzle in the 4100-4165 area. Upgrading Communications to Market Weight. We have been underweight Communications (XLC, EWCO) since November of 2021, a peri...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
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