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Pearson CFO: U.S. Higher-Education Recovery Unlikely This Year

Pearson’s finance chief said Thursday that the publisher’s core U.S. higher-education business faces revenue pressure in a “difficult backdrop,” with key trends unlikely to improve greatly in 2014. “It has been that bit weaker in the third quarter than we hoped, and the fourth quarter was slightly disappointing,” Chief Financial Officer Robin Freestone said in an interview with The Wall Street Journal.