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Stock Market & Financial Investment News

News Breaks
March 18, 2014
08:09 EDTEDU, TCEHYNew Oriental Education, Tencent rumored to plan venture, Marbridge Daily says
Tencent (TCEHY) plans to establish an online education joint-venture in partnership with New Oriental Education (EDU), according to Sina Tech, citing sources within Tencent, said Marbridge Daily. Reference Link
News For EDU;TCEHY From The Last 14 Days
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October 24, 2014
09:18 EDTEDUOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Microsoft (MSFT), up 4.3%... KLA-Tencor (KLAC), up 8.8%... Rubicon Project (RUBI), up 17.8%... Gigamon (GIMO), up 16%. ALSO HIGHER: Procter & Gamble (PG), up 2.7% after earning report, announcing plans to exit Duracell business by creating a stand-alone Duracell company... Vitae Pharmaceuticals (VTAE), up 40% following its report of top-line results from two Phase 1 clinical trials... Digital River (DRIV), up 47% after agreeing to be acquired by investor group for $26.00 per share. LOWER: Amazon (AMZN), down 9.3%, downgraded at Cowen and Janney Capital following the company's Q3 report... DryShips (DRYS), down 26% after filing an automatic common stock shelf... NPS Pharmaceuticals (NPSP), down 4.4% following PDUFA date for Natpara extended three months to January 24... Abercrombie & Fitch (ANF), down 4% after downgraded at Goldman and BMO Capital. DOWN AFTER EARNINGS: Pandora (P), down 7%... Synaptics (SYNA), down 9.9%... Flowserve (FLS), down 5%... New Oriental Education (EDU), down 4%.
05:29 EDTEDUNew Oriental Education sees Q2 revenue $235.4M-$243.7M, consensus $235.49M
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05:29 EDTEDUNew Oriental Education reports Q1 EPS 73c, consensus 86c
Reports Q1 revenue $393.98M, consensus $417.16M. Total student enrollments in academic subjects tutoring and test preparation courses decreased by 3.4% year-over-year to approximately 888,400 for Q1. The total number of schools and learning centers was 711 as of August 31, down from 713 as of August 31, 2013, and an increase of 8 compared to 703 as of May 31, 2014. The total number of schools was 56 as of August 31.
October 16, 2014
06:16 EDTTCEHYAlipay Wallet has over 190M active users, WSJ reports
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October 15, 2014
10:02 EDTEDUOn The Fly: Analyst Downgrade Summary
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08:34 EDTEDUNew Oriental Education downgraded to Sell from Neutral at Goldman
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October 14, 2014
06:14 EDTTCEHYTencent leads investment of over $100M for Guahao, WSJ reports
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October 13, 2014
10:26 EDTEDUHigh option volume stocks
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08:06 EDTTCEHYQihoo 360 launches ad exchange platform, Marbridge Daily reports
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