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Tag: Financial Reporting

Purchasing Alert
April 27, 2017May 16, 2017

Missouri District Seeks Nutrition Software; Data System Upgrade Needed in Chicago

By Sarah Schwartz

A Missouri district is looking for nutrition services software, and Chicago Public Schools seeks an accounts payable system upgrade.

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Marketplace K-12
Jan. 18, 2017Jan. 19, 2017

Pearson’s Stock Falls Sharply After Gloomy Projections

By Sean Cavanagh

Pearson’s CEO said the company will take “radical action” to correct big losses in the higher education market.

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Marketplace K-12
Nov. 7, 2016June 8, 2017

Houghton Mifflin Harcourt Blames Miscues in Calif. ELA Adoption for Lower Market Share

By Michele Molnar

The global learning company will lose 3 to 4 percent market share as a result of the decision to enhance its existing reading program for California, rather than redo it.

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Purchasing Alert
June 24, 2016June 7, 2017

Tracking Ed-Market Deals: Atlanta Pursues Accounting Services; Muscogee Buys Tech-Based Transit Overhaul

By Leo Doran

Atlanta’s school system is looking for a vendor to inventory its assets; another Georgia system wants a major tech upgrade of its transportation system.

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Marketplace K-12
April 29, 2016Dec. 1, 2016

AFT Rejected in Attempt to Force Pearson ‘Business Strategy Review’

By Michele Molnar

The global education company reported revenues that were down for the first quarter, but shareholders rejected a challenge to the company’s business strategy brought by a union affiliate.

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Marketplace K-12
Jan. 21, 2016Dec. 18, 2019

Education Behemoth Pearson to Cut 4,000 Employees, 10 Percent of Workforce

By Sean Cavanagh

Pearson said its performance has taken hits recently because of shifts in the international market, and it will increase its focus on adaptive products and online and blended learning.

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Marketplace K-12
Oct. 13, 2015Aug. 18, 2022

Instructure Inc., Known for Canvas LMS, Plans to Go Public

By Michele Molnar

The fast-growing LMS provider is the latest ed-tech company to announce an initial public offering, but it has yet to post a profit.

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Marketplace K-12
July 24, 2014June 7, 2017

Apple Touts Strong iPad Sales in Global School Market

By Sean Cavanagh

Apple, believed to be the dominant provider of tablets in the K-12, also says it is selling millions of iPads into the worldwide market.

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Marketplace K-12
April 14, 2014Nov. 10, 2016

Investor Lawsuit Targets K12 Inc. and Stock Sales of Former CEO

By Sean Cavanagh

A federal lawsuit alleges that the online education provider K12 Inc. misled investors, and says that the company’s former CEO benefited by selling off stock before the company’s stock price fell.

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Marketplace K-12
Jan. 27, 2014Dec. 1, 2016

Publishing Giant Pearson Points to Tough Conditions in U.S. Education Market

By Sean Cavanagh

Pearson, the global education publisher, recently conceded that it has faced a tough financial environment in North America over the past year.

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