October 17, 2016 / 7:41 AM / 9 months ago

BUZZ-Pearson: bottom of Stoxx after update underwhelms

1 Min Read

** Education co Pearson -5%, bottom of Stoxx 600 and UK's FTSE 100 in volume after 9-mth trading update

** Reiterates 2016 guidance, 2018 goals unchanged; sales decline 7% in underlying terms

** Liberum flags -7% for the first 9 months is the same as 1H and likely to disappoint those looking for an improvement in trends; reiterates as key "sell"

** Stock down by more than a third over the last yr (RM: tricia.wright1.thomsonreuters.com@reuters.net)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below