Wed 11 Nov 2009 Reed Elsevier chief executive Ian Smith has resigned after just eight months in the job as the publisher says its key professional information businesses have not escaped the downturn, while advertising and promotion markets are badly hit.
Mon 26 Oct 2009 Panmure Gordon has revised its earnings forecasts for publishing group Pearson on the back of last week’s trading statement but continues to see more attractive stocks elsewhere in the sector.
Mon 07 Sep 2009 Nomura Securities is changing the emphasis of its portfolio strategy, moving away from the traditional cyclical groups such as basic industries, consumer cyclicals and capital goods towards some of the recent laggards, such as telecoms, healthcare and utilities.
Fri 31 Jul 2009 Shares in publishing group Reed Elsevier recovered a little on Friday morning after the battering they took on Thursday following the company’s disappointing results.
Thu 30 Jul 2009 Shares in specialist publisher Reed Elsevier fell sharply after it announced plans to raise about £800m through the issue on new shares equal to 10% of its capital through a placing to pay off debts after an acquisition.
Wed 24 Jun 2009 Shares in publishing firm Reed Elsevier have underperformed the market by more than 30% since March and broker Citigroup believes that while the strength of the dollar may account for some of that underperformance, doubts about the new management may have also played their part.
Wed 27 May 2009 The downturn in the advertising market has made life hard for media companies but the sector received a boost today from Goldman Sachs, which has upgraded some of the major players.
Tue 21 Apr 2009 Publisher Reed Elsevier said it should see positive adjusted earnings per share growth at constant currencies but warned 2009 will be a more difficult year as most economies are still in recession.
Thu 19 Feb 2009 Publisher Reed Elsevier reported a better than expected rise in full-year profits but warned that the short-term outlook for its Reed Business Information (RBI) unit is very challenging.
Snapshot 
