Pearson shares fall on 2013 earnings slump and 2015 transition
Pearson PLC dropped as much as 8 percent after saying it will not exit a tough transition until 2015. Adjusted operating profit slid 21 percent to 1.23 billion in 2013 from 1.56 billion a year earlier as U.S. demand weakened and restructuring costs rose. Sales rose 2.3 percent to 8.7 billion, missing estimates. U.S. operations account for about 60 percent of business.
MENTIONED IN THIS ARTICLE
Pearson PLC
U.S
Turing
Financial Times
Bloomberg
Pearson
Cedar Rapids
Iowa
John Fallon
International Education
FT Group
Arrington Builds Business From Adversity In Cary
Warren Arrington grew up in Cary North Carolina during the 1960s faced doubt yet pursued opportunity. After a layoff in 1983 he founded American Safety Products later supplying environmental kits and safety gear to utilities. Between 2002 and 2007 black owned businesses rose 60.5 percent to 1.9 million with receipts up 55.1 percent to 137.5 billion.
MENTIONED IN THIS ARTICLE
Cary
N.C
Warren Arrington
Arrington
Livingstone College
Salisbury
CompuChem Laboratory
Inc. Magazine
Cleveland
Tenn
American Safety Products
U.S. Census Bureau
Shirley Cedeno
Raleigh
Siemens lands wind turbine order for Bison Wind Center
Siemens Energy secures a 64 unit order from Minnesota Power for 3-MW D3 wind turbines to be installed at the Bison Wind Energy Center near New Salem North Dakota. Fort Madison will produce 192 blades with nacelles assembled in Hutchinson Kansas and installation begins mid June 2014.
MENTIONED IN THIS ARTICLE
Siemens Energy
Fort Madison
Minnesota Power
Bison Wind Energy Center
New Salem
N.D
Hutchinson
Kan
Minnesota
MidAmerican Energy
Siemens
Iowa
Kansas
Pattern Energy Group
San Francisco
Wichita Falls
Texas
Sears probes possible data breach amid Target attack
Sears Holdings said it began an investigation to determine if it suffered a security breach. Bloomberg cited an unnamed source saying the U S Secret Service was looking into Sears while officials would not comment. Sears operates about 2,500 stores in the United States and Canada.
MENTIONED IN THIS ARTICLE
Sears Holdings
Target Corp
Sears
Howard Riess
Sears Department Stores
Kmart Discount Stores
United States
Canada
Bloomberg News
U.S. Secret Service
Bloomberg
U.S
Secret Service
Reuters
Target
Sears Department
Fair Oaks
Fairfax
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Entrepreneurship
Carolina Power & Light
Raleigh News & Observe
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