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New Oriental Education & Technology Group Inc. (EDU)

- NYSE
  • Fri, Jan. 30, 5:35 PM
    • Top gainers, as of 5:15 p.m.: N +9.7%. EDU +4.3%. KEYS +4.2%. STV +3.5%. IDXX +3.1%.
    • Top losers, as of 5:15 p.m.: GNR -5.0%. GSG -3.6%. TCK -3.6%. MBT -3.2%. ROVI -3.1%.
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  • Tue, Jan. 20, 7:22 AM
    • New Oriental Education & Technology (NYSE:EDU) reports Educational programs and services revenue increased 12.45% to $211.95M in FQ2.
    • Total students enrollment rose 10.0% Y/Y to ~621,500.
    • The total number of schools and learning centers +2 to 713.
    • FQ3 Guidance: Total net revenues: $279.8M to $290.0M (+10% to 14% Y/Y).
    • EDU -2.34% premarket.
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  • Thu, Jan. 15, 5:39 PM
    • Top gainers, as of 5:15 p.m.: BLUE +11.4%. EGY +9.2%. CLNE +7.7%. CATM +5.8%. RFP +5.4%.
    • Top losers, as of 5:15 p.m.: EDU -7.0%. FNV -6.0%. AUQ -5.6%. BJRI -5.6%. SVU -3.8%.
    | 2 Comments
  • Dec. 19, 2014, 5:36 PM
    • Top gainers, as of 5:15 p.m.: SAND +10.7%. MCHX +9.0%. NEM +3.0%. VRTX +2.8%. MRKT +2.6%.
    • Top losers, as of 5:15 p.m.: NG -9.0%. DNR -8.0%. EDU -7.2%. NBR -7.0%. CRK -4.4%.
    | 3 Comments
  • Jul. 22, 2014, 12:47 PM
    | 10 Comments
  • Jul. 22, 2014, 9:14 AM
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  • Jan. 28, 2014, 1:00 PM
    • Chinese Internet stocks, crushed over the last few trading days amid SEC-related concerns and a general rout in tech momentum plays, are rebounding sharply today in tandem with other high-beta tech stocks.
    • Possibly helping: The SEC has settled a dispute with Deloitte over its request for documents related to Longtop Financial, a Deloitte-audited Chinese firm suspected of accounting fraud. The settlement, which comes after the SEC received a "substantial volume" of requested docs, is fueling hopes the SEC's auditing ban on the Chinese arms of the big-4 accounting firms (including Deloitte) will be revoked, and a final resolution between U.S. and Chinese regulators achieved.
    • Also: Morgan Stanley is calling the selloff a buying opportunity, and has picked five names it's a fan of - Baidu (BIDU +2.8%), YY (YY +14.5%), New Oriental (EDU +2.8%), Dangdang (DANG +6.8%), and Ctrip (CTRP +5.2%)..
    • MS expects Baidu's margins (recently pressured by huge investments) to stabilize later this year with the help of accelerating sales growth; it's pleased with Ctrip's willingness to sacrifice near-term margins for share gains; it think Dangdang's e-commerce strategy is yielding margin improvement and better fulfillment efficiency; and it's a fan of YY's "sticky" user base and monetization potential (less than 2% of users are currently monetized).
    • Major gainers include Sungy Mobile (GOMO +11.3%), 500.com (WBAI +18.3%), ChinaCache (CCIH +9.8%), Vipshop (VIPS +10%), Bitauto (BITA +9.5%), and Qunar Baidu-controlled (QUNR +8.8%).
    | 1 Comment
  • Mar. 20, 2013, 10:36 AM
    New Oriental Education (EDU -3.6%) denies rumors saying the company is close to going down the path to be taken private. Reports of talks between Alibaba and New Oriental put a charge into shares earlier this week.
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  • Mar. 15, 2013, 12:35 PM
    Shares of New Oriental Education (EDU +8.5%) jet higher with chatter circulating around that the company is the subject of takeover interest.
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  • Jan. 29, 2013, 9:10 AM
    Premarket gainers: KERX +18%. PLXT +10%. VLO +8%. OPK +7%. HES +7%. RPRX +6%. AKS +6%.
    Losers: OXF -24%. ANAC -23%. VMW -19%. LXK -6%. RBS -6%. STX -6%. EDU -5%.
    | Comment!
  • Jan. 29, 2013, 5:40 AM
    New Oriental Education (EDU): FQ2 EPS of -$0.06 misses by $0.05. Revenue of $165.9M (+30.4% Y/Y) in-line. Shares -2.3% premarket. (PR)
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  • Dec. 5, 2012, 2:02 PM
    Shares of New Oriental Education (EDU -4.8%) slump futher, extending a two-day decline. A decision by the SEC to step up regulationh of Chinese subsidiaries of U.S. accounting firms appears to be weighing heavy on the stock.
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  • Oct. 15, 2012, 9:15 AM
    New Oriental Education (EDU) fires off a 14.5% premarket gain after Oppenheimer takes its rating on the name up to Outperform. Shares have now recovered more than half the ground lost since a SEC investigation and an attack from Muddy Waters drove them to single digits earlier in the year.
    | 1 Comment
  • Oct. 15, 2012, 9:10 AM
    Premarket gainers: YONG +15%. CLWR +14%. EDU +14%. AEGR +14%. CEL +9%. MTSL +8%. CTIC +8%. ISIS +7%.
    Losers: DCTH -12%.
    | 1 Comment
  • Sep. 21, 2012, 3:25 PM
    New Oriental Education (EDU +6.6%) spikes on bullish intraday comments from Wells Fargo, which says EDU "provides a high-value, culturally-prized product" as it raises its target price on the shares to $31 from $24 and reiterates its Overweight rating. The firm also expects the SEC-related overhang due to an accounting issue to be resolved favorably.
    | 1 Comment
  • Jul. 20, 2012, 9:29 AM
    New Oriental Education (EDU) +10.9% premarket after announcing it is forming an independent special committee to review allegations raised in the report issued this week by Muddy Waters.
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Company Description
New Oriental Education & Technology Group Inc provides private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
Sector: Services
Country: China