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Stock Market & Financial Investment News

News Breaks
March 6, 2014
07:41 EDTEDU, YYNew Oriental Education won't be significantly hurt by YY move, says Wells Fargo
After New Oriental Education's (EDU) stock fell 11.4% since YY (YY) announced on February 25 that it would invest $150M in an online education initiative, Wells Fargo doesn't think YY poses a significant threat to New Oriental Education. The firm believes the sell-off in New Oriental Education is overdone and keeps an Outperform rating on the stock.
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September 5, 2014
11:34 EDTEDUNew Oriental Education to benefit from China policy change, says Credit Suisse
Credit Suisse said the China State Council issued a new plan for entrance exams to higher education exams that allow two chances for the English test, contrary to previous speculation that the English weighting could be lowered. The firm believes the news removes an overhang for New Oriental Education (EDU) and would also benefit TAL Education (XRS).

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