$16.500
-0.069 (-0.42%)At close
PSO News
PSO Events
Stock Futures Modestly Higher, Nasdaq Futures Up 0.77%
Stock futures are pointing modestly higher ahead of Friday's opening bell as investors look to build on the technology-driven rally following earnings from several mega-cap companies. Sentiment has improved after June's inflation data came in slightly softer than expected, reinforcing the view that price pressures are continuing to ease even as the Federal Reserve remains cautious. The combination of a patient Fed and softer inflation has helped support risk assets, although expectations for future rate moves remain highly sensitive to incoming economic data.Strong results and upbeat guidance from large-cap technology companies have reinforced optimism surrounding artificial intelligence spending and cloud infrastructure demand, helping lift Nasdaq futures and improve broader market sentiment despite ongoing concerns about economic growth.In pre-market trading, S&P 500 futures rose 0.14%, Nasdaq futures rose 0.77% and Dow futures rose 0.33%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Replimuneup 125% after a FDA Committee committee voted 10 to 3 supporting RP1 approval for advanced melanomaUP AFTER EARNINGS -Amazonup 10%Cohuup 24%Eatonup 7%Natwestup 4%Sonyup 3%Chevronup 1%DOWN AFTER EARNINGS -Robloxdown 22%Appledown 8%Coinbasedown 6%Pearsondown 1%Exxon Mobildown 1%Modernadown 1%
Company Expects Mid-Single Digit Revenue Growth for 2026
The company said, "For 2026, we expect to deliver mid-single digit underlying revenue growth, adjusted operating profit of GBP 640M-GBP 685M at FX rates as at the end of 2025, including the impact of the 2025 product development impairment, and free cash flow conversion of 90%-100%."
Pearson Proposes Interim Dividend of 8.2p per Share, Up 5% vs. 1H25
Pearson proposes interim dividend of 8.2p per share up 5% vs. 1H25
Pearson Reports £1.78B Revenue for First Half
Reports revenue GBP 1.78B, up 4%. Omar Abbosh, Pearson's Chief Executive, said: "We have delivered a good first-half performance and executed well against our strategy, with a focus on driving operational improvements while innovating to build learning and assessment experiences that help our customers progress in their lives. We are reiterating our full year guidance and remain confident in Pearson's long-term growth opportunities. We are excited about the future and believe Pearson is uniquely placed to meet the growing customer demand for reskilling in an AI driven world."
Company FY26 Guidance: Low to Mid-Single Digit Growth
FY26 Guidance: The company said, "For Underlying Revenue Growth: Assessment & Qualifications: Low to mid-single digit growth, driven by new contracts, products and pricing. Virtual Learning: Stronger growth than 2025 driven by a full year of enrolment growth. Higher Education: Will grow more than 2025, supported by continued product and platform innovation, pricing and Inclusive Access in our core US courseware business, with improvement in the K12 channel. English Language Learning: Institutional is expected to grow, driven by market share gains and pricing. PTE is expected to decline given the challenging market backdrop. We expect the business unit to return to growth in Q4. Enterprise Learning & Skills: Growth to be driven by a solid performance in Vocational Qualifications and strategic account growth in Enterprise Solutions." Sees effective tax rate on adjusted profit before tax of 25%.
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