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Home » UK Shares » Three Quick Facts » Three Quick Facts: Centrica, Pearson and Ted Baker

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

1. Centrica: Brief trading update issued

Centrica (LON:CNA) has issued a very brief trading update this morning, ahead of the AGM. The company notes that performance and outlook – perhaps unsurprisingly – remain unchanged from the previous update issued just a few weeks ago.

2. Pearson has news of disposal

Educational publisher Pearson (LON:PSON) has today announced the disposal of its K12 courseware division in Italy and Germany. This is for a cash consideration worth £163m and proceeds will be used to fund the ongoing share buyback program.

3. Ted Baker sale process stumbles

Ted Baker (LON:TED) has provided a further update on its attempted sale process, noting that the preferred counterparty which was performing due diligence checks on the company has now stated it doesn’t intend to proceed any further. This is unlikely to provide much solace for investors.

Related

This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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