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Pearson sees no advertising recovery

. The forecast came as the group reported its December trading statement, which revealed that the FT Group ... -year profits at the FT Group to be down 40%. It also cut 14% of staff, from 1,050 to 900, in an effort ...

ITV Sport faces closure if £315m
football deal is not renegotiated

, the FT says that the league would strongly oppose any attempt to reduce the financial value of the deal ...

Klein to launch Anglo-German
corporate communications firm

to leave the company. He told FT.com, "There's never a good time to leave. But after 22 years ...

MSN and Freeserve top
news and media league

in the top 10 included ft.com at seven, Guardian Unlimited at nine, followed by the Telegraph website at 10 ...

German publisher eyes Sunday Business

when Pearson launched FT Deutschland in 1999, and a takeover of Sunday Business could see the publisher exact some revenge on the FT in its home territory. Earlier this year, Express Newspapers ...

Banks line up to finance EchoStar

Several Wall Street investment banks are understood to have approached EchoStar about providing the financing, which was part of EchoStar's 26bn ( 17.8bn) takeover of Hughes, the General Motors division which is home to its larger rival, broadcaster DirecTV. A spokeswoman for GM told FT ...

Protecting your brand - Brands belong on the mainland

, is published by FT.com/Prentice Hall at 20 . Read Roger Camrass's "Stakeholder promise" here ...

Pearson set to lay off 14% at the FT

The news comes as Pearson issued a nine-month trading statement, which revealed it expects profits from the FT Group to be down 40% on last year. According to Pearson, it hopes to make the job cuts through a mixture of early retirement and voluntary redundancy. There is no word on whether ...

Media shares benefit from market surge

One of the surprise winners was Pearson, which, on the back of an announcement that profits at the FT Group are expected to fall by 40%, saw its share price rise by as much as 6% to 772.5p, before falling back to 749p, still up 3.1%. Another troubled media group Reuters, which yesterday ...

Pearson to take full control of FTMarketWatch

to take full control of FTMarketWatch.com and integrate the stock market news and analysis site into FT.com....their jobs following the agreement to take full control of the site and integrate it with FT.com. The news follows Pearson's announcement earlier this morning that profits at the FT Group are likely to be 40% lower than last year. Steven Hill, CEO of the FT Group, said, "We have said that our FT ...

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