"John Fallon has gone straight to the bottom of the class. It's hard to see how Pearson Plc's CEO can now avoid expulsion.
Market value destroyed in a morning
$2.5 billion
The educational publisher's profit warning and dividend cut on Wednesday sent the stock down as much as 30 percent, destroying almost 2 billion pounds ($2.5 billion) of market value."
From: http://ift.tt/2jAK5dv
I didn't see a thread about it.
That's a lot of money to fall off the value of a company. I wonder how much he's paid...
Market value destroyed in a morning
$2.5 billion
The educational publisher's profit warning and dividend cut on Wednesday sent the stock down as much as 30 percent, destroying almost 2 billion pounds ($2.5 billion) of market value."
From: http://ift.tt/2jAK5dv
I didn't see a thread about it.
That's a lot of money to fall off the value of a company. I wonder how much he's paid...
via International Skeptics Forum http://ift.tt/2iMihhM
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