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Stock Market & Financial Investment News

News Breaks
March 20, 2013
10:18 EDTALBCF, EDUNew Oriental Chairman says no privatization plan going on, ChinaScope says
New Oriental Education (EDU) Chairman Yu Minhong has denied rumors of a privatization plan, ChinaScope Financial reports. Rumors had been swirling that the company was in talks with Alibaba (ALBCF) on issues regarding leveraged buyout. Reference Link
News For EDU;ALBCF From The Last 14 Days
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April 21, 2015
05:39 EDTEDUNew Oriental Education promotes Stephen Zhihui Yang to CFO
New Oriental Education announced a transition in the role of the company's CFO. Stephen Zhihui Yang, the current vice president of Finance, will be promoted to CFO of the company, effective April 21. Louis Hsieh, the current CFO, will remain as the company's president, overseeing overall corporate strategy and business development, and will continue to serve as a member of the board. The company expects a smooth transition as Hsieh and Yang have worked together at the company for more than nine years. Yang has been with New Oriental since 2006.
05:37 EDTEDUNew Oriental Education sees Q4 revenue $322M-$333.5M, consensus $323.49M
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05:36 EDTEDUNew Oriental Education reports Q3 EPS 29c, consensus 22c
Reports Q3 revenue $287.73M, consensus $284.76M.

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