Pearson Plc. (News in Brief).Pearson Pear·son , Lester Bowles 1897-1972. Canadian politician who served as prime minister (1963-1968). He won the 1957 Nobel Peace Prize for his role in the negotiation of a solution to the Suez crisis (1956). Plc. (London) said that annual profits from its educational division will be $51 million lower than expected due to weakness in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and its corporate training business, some of which was housed in the World Trade Center. Pearson now expects its educational businesses to generate operating profits Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. of about [pounds sterling]350 million, 10% more than last year. |
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