EMI halts dividends amid declining sales

Article Abstract:

UK music firm EMI Group PLC announced that dividends will not be paid out until the company's finances improve. Revenue dropped 15% in the fiscal year ending March 31, due primarily to lower CD sales, holiday merchandise returns, and Internet piracy.

Author: Hodgson, Jessica
Prerecorded records and tapes, Sound recording industry, Recording industry, EMI Group PLC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Pearson boosts revenue outlook despite loss

Article Abstract:

First-half net loss for UK publisher Pearson PLC reached $210.6 mil, driven in part by a charge linked to the sale of its government solutions business. However, officials expect its professional education sales to increase by 5% to 7%.

Author: Hodgson, Jessica
PRINTING AND PUBLISHING, Publishing, Publishing Industries, Printing & Publishing, Publishing industry, Pearson PLC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Aegis posts 17% rise in net, issues confident outlook

Article Abstract:

Marketing company Aegis Group PLC reports net profits of $179.9 million in 2007, a 17% growth from the previous year. Article discusses the company's strategic plans, stock value, and expected profit in 2008.

Author: Hodgson, Jessica
Advertising, Marketing industry, Aegis Group PLC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United Kingdom, Securities, Company sales and earnings, Company earnings/profit, Company securities, Financial report, Company business forecast/projection, Company forecasts
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.