Finance Forex

Pearson profit up 18% on cost savings

Pearson PLC (PSON.LN) said Friday that pretax profit rose 18% in 2018, as cost cuts and business sales offset challenges at its key U.S. higher-education business. The FTSE 100 education company made a pretax profit of 498 million pounds ($649.7 million) for last year compared with GBP421 million in 2017, it said. Net profit rose […]