Pearson's 2013 Performance Should Come as No Big Surprise

STUCK IN NEUTRAL? Bloomberg's Kristen Schweizer reports that Pearson shares on the London exchange are struggling since hitting a 12-year high in July 2013. The organizational restructuring that has taken place since John Fallon took over as CEO, she suggests, has "failed to convince investors of its digital strategy." (It also didn't help that one of its bestselling authors recently passed away.) But on the New York Stock Exchange, Pearson has been fairly steady since July. The static performance shouldn't come as a big surprise, however; Fallon did forecast back in February that 2013 would be a flat year.

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