AmEx to Offer Enhanced Travel to Cardmembers at Toronto Pearson
AXP renews its Toronto Pearson partnership, offering Cardmembers benefits like valet service, parking discounts and more for a superior travel experience.
Pearson, ITV, LSEG eye windfall as HMRC hands back £700mln on EU tax ruling
Pearson PLC (LSE:PSON), ITV PLC (LSE:ITV) and London Stock Exchange Group PLC (LSE:LSEG) are in line to benefit from some £700 million in refunds following an overturned ruling in Europe on tax exemptions. The Court of Justice of the European Union last month sided with the UK against a 2019 decision by Brussels to class exemptions for firms using overseas financing companies as illegal state aid.
Pearson shares are early risers as AI makes a positive mark on performance
Shares in Pearson PLC (LSE:PSON) rose 1.6% in early trading as the company reported early “commercial benefits” from integrating artificial intelligence across its services. In the first nine months of the year, Pearson's AI-powered higher education tools saw over five million student interactions, resulting in double-digit growth in billings for these products.
AI helps Pearson grow sales 5% in back-to-school quarter
British education company Pearson reported 5% growth in underlying sales in its third quarter on Tuesday, boosted by a stronger performance in assessment and qualifications, putting it on track to meet market expectations for the year.
What Makes Pearson (PSO) a New Buy Stock
Pearson (PSO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Pearson's efficiency drive sees revenues take a hit in first half
Pearson PLC (LSE:PSON) penned an underwhelming sales performance in the first half of 2024, with top-line revenues falling 6.6% to £1.75 billion. However, adjusted operating profit remained unchanged at £250 million and adjusted earnings per share were steady at 25.6p.
Pearson faces stiff English test in first half
Pearson PLC (LSE:PSON) interim results on 29 July come against a backdrop of downgrades for the competition in the English tuition space. In particular, rival IDP Education said regulatory changes had affected student volumes.
Pearson prospects downgraded as UK visa applications fall
UBS has revised its earnings projections for Pearson PLC (LSE:PSON), signalling caution as the global education provider's first-half earnings approaches. The investment bank slashed its forecast for Pearson's 2024 earnings per share by 2%, attributing the downturn to disappointing English language testing volumes and legislative changes in Australia that may hinder international student flows.
