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Stock Market & Financial Investment News

News Breaks
November 27, 2012
16:35 EDTDLChina Distance Education sees FY13 revenue $63.5M-$66.5M, consensus $67M
News For DL From The Last 14 Days
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May 27, 2015
09:13 EDTDLChina Distance Education management to meet with Piper Jaffray
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May 21, 2015
07:55 EDTDLChina Distance Education price target lowered to $20 from $29 at Oppenheimer
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May 20, 2015
12:55 EDTDLChina Distance Education can still grow 20% this year, says Piper Jaffray
Piper Jaffray thinks China Distance Education can continue to grow in the 20% range both this year and next despite the weaker than expected FY15 outlook. Piper attributes a "meaningful portion" of the guidance miss to exam timing that will push revenue into Q1 from Q4. It believes the guidance reset will allow China Distance to get back to exceeding expectations. Piper lowered its price target for shares to $22 from $28 and maintains an Overweight rating on the name.
09:25 EDTDLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: American Eagle Outfitters (AEO), up 8.6%... Computer Sciences (CSC), up 4.1%. ALSO HIGHER: Sarepta Therapeutics (SRPT), up 44.5% after announcing plans for rolling eteplirsen NDA... Genocea Biosciences (GNCA), up 22.5% after GEN-003 Phase 2 trial met primary endpoint... IsoRay (ISR), up 31.7% after Cesium-131 reports 96% success in local control and 100% survival in 5 years... AVEO Pharmaceuticals (AVEO), up 15.7% after presenting results of extension study 902 and gets FDA feedback for tivozanib... Pep Boys (PBY), up 12.5% following reports that potential buyer have approached the company about a possible takeover. DOWN AFTER EARNINGS: Etsy (ETSY), down 19.5%... China Distance Education (DL), down 7.7%... Keysight Technologies (KEYS), down 5.7%.... Lowe's (LOW), down 5.2%. ALSO LOWER: Lpath (LPTN), down 75.6% after announcing that it will undergo corporate restructuring... Achillion Pharmaceuticals (ACHN), down 10.1% following collaboration for HCV with Janssen... El Pollo LoCo (LOCO), down 3.5% after 6M share Block Trade priced at $22.25... Cimarex Energy (XEC), down 3.3% after 6M share Spot Secondary priced at $109.00.
May 19, 2015
17:05 EDTDLChina Distance Education lowers FY15 revenue view to $116.6M-$121.5M
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17:03 EDTDLChina Distance Education sees Q3 revenue $27.5M-$28.7M, consensus $33M
Representing year-over-year growth of approximately 10%-15%.
17:02 EDTDLChina Distance Education reports Q2 adjusted EPS 5c, consensus 3c
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