Pearson shares slide as forecast trims amid asset sales
Pearson tumbles 16 percent in London after warning full year profit will be at the low end of forecasts. The drop follows plans to sell the Financial Times and Economist stake for about 2 billion dollars, with CEO John Fallon citing weak U.S. enrollments and textbook sales as factors.
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London
Pearson
Financial Times
Economist
John Fallon
U.S
South Africa
Fallon
ESPN to Cut About 300 Jobs in Broad Restructuring
ESPN president James Skipper announced about 300 positions will be eliminated as part of broad organizational changes. The cuts amount to roughly 4 percent of ESPN's 8,000 worldwide staff, with no on air or program cancellations planned and a continued focus on technology for online and mobile viewing.
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ESPN
John Skipper
Sports Network
Skipper
Blue Grass Enterprises Sods Grow From Family Farm Roots
Ike Loan, president of Blue Grass Enterprises in Alburnett, guides a 400 acre sod business selling Kentucky blue grass Master Blend and the unique RTF turf. The firm, started in 1969, moved after the 2008 flood and now serves residential builds, a golf course, a gas station, and a Des Moines ball field.
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Stephen Mally
the Gazette
Laura Handley
Blue Grass Enterprises
Alburnett
Ike Loan
Marilyn
Sarah Nolte
Loan
Blue Grass Enterprise
RTF
Des Moines
Nolte
Cedar Rapids
Palo
Lean
Blue Grass Enterprises Seeks Growth with Sod Harvest Model
Mike Loan and Sarah Nolte lead Blue Grass Enterprises, a sod business in Alburnett employing nine, operating nine to nine and a half months a year. They emphasize full time work with benefits to attract skilled staff and maintain equipment.
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Mike Loan
Sarah Nolte
Blue Grass Enterprises
C Ave
Alburnette
Bgsod.com
Loan
Nolte
Atlantic bottler to distribute Coca Cola in Iowa region
Atlantic Coca Cola Bottling, a family owned firm from Atlantic, Iowa, signs a letter of intent with Coca Cola Co to expand distribution rights into Cedar Rapids Ames Dubuque Mason City Ottumwa Spirit Lake and the Quad Cities. Transition depends on definitive agreements. terms not disclosed.
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Iowa
Cedar Rapids
Atlantic Coca-Cola Bottling
Atlantic
Coca-Cola Co
Ames
Dubuque
Mason City
Ottumwa
Spirit Lake
Quad Cities
Atlantic Coca-Cola
Harry and
Henry Tyler
Waukee
Coca-Cola
Coca-Cola of
Atlanta
Ser
Coca-Cola Bottling Co
66Th Ave
Coca-Cola Bottling
U.S
Coca- Cola Co
Sandy Douglas
Coca-Cola North America
Xeuters
Safeway
Wheaton
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