reports
Pearson to Debut Generative AI Study Tools to University Students Inte...
LONDON--(BUSINESS WIRE)-- (FTSE: PSON.L) today announced that it will expand its generative AI beta study tools into global editions of its leading higher education titles, making the tools available to tens of thousands of students across Australia, Asia-Pacific, Canada, the Middle East, and Europe by August 2024. Pearson began integrating generative AI study tools into its products and content in the US last August. This press release features multimedia. View the full release here: Campbell Biology GE (Photo: Business Wire) Pearson’s AI beta study tools will expand to dozens of English-la...
- James Ratzer
Liberty Global (Neutral) Q1 24 - The challenge of subscriber momentum
After the excitement of the strategic announcements in Q4, this is a quieter quarter with all FY financial guidance re-iterated. However, some of the issues that concerned shareholders with the Q4 results persist in the Q1 results: weak KPIs at VMO2 and VodafoneZiggo with limited signs of growth on the new UK nexfibre footprint. On a more positive note, Swiss broadband adds recovered to growth for the first time in a year and could help to support momentum into the Q4 demerger
- Ben Rickett
- James Ratzer
Pearson 2024 Q1 Trading Update (Unaudited)
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...
Pearson Awarded UK Government Contract for England’s National Curricul...
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 ...
Moody's Ratings affirms News Corporation's Ba1 CFR; outlook positive
Moody's Ratings affirmed all credit ratings for News Corporation ("News Corp" or "the Company") including the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured notes. The speculative grade liquidity rating is unchanged at SGL-1. The outlook was c...
Moody's Ratings affirms News Corporation's Ba1 CFR; outlook positive
Moody's Ratings affirmed all credit ratings for News Corporation ("News Corp" or "the Company") including the Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba1 senior unsecured notes. The speculative grade liquidity rating is unchanged at SGL-1. The outlook was c...
Pearson Accelerates and Increases the Development of AI Learning Conte...
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...
Pearson Announces Three New Connections Academy Full-Time, Online Publ...
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)...
- James Ratzer
Turkcell Iletisim Hizmetleri: Full Year 2023 Results
ISTANBUL--(BUSINESS WIRE)-- Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) (BIST:TCELL): Please note that all financial data is consolidated and comprises that of Turkcell Iletisim Hizmetleri A.S. (the “Company”, or “Turkcell”) and its subsidiaries and associates (together referred to as the “Group”), unless otherwise stated. We have four reporting segments: "Turkcell Türkiye" which comprises our telecom, digital services and digital business services related businesses in Türkiye (as used in our previous releases in periods prior to Q115, this term covered only the mobile businesses)...
PDRI by Pearson to Lead New Research Program to Investigate Applicatio...
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...
Pearson Releases 2023 Annual Report and Form 20-F
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...
Pearson and British Esports Federation Launch First Internationally Re...
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...
- Ben Rickett
- James Ratzer
S&P Global Inc: 1 director
A director at S&P Global Inc sold 6,000 shares at 424.745USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...
- James Ratzer
- James Ratzer
Liberty Global The end of the cash pile?
We have already written earlier on the Liberty Global results and a deeper dive on the VMO2 guidance. In this note we now write specifically on the 5 new strategic announcements made and why this could imply the end of Liberty Global’s excess cash pile. We show full modelling of the "New Liberty Global" in this note.
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