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June 13, 2014
08:06 EDTTEDUTarena signs cooperation agreements with six univerisities, colleges
Tarena announced that it has signed cooperation agreements with six universities and colleges in Jiangsu Province, namely Yangzhou University, Jiangsu Normal University, Huaihai Institute of Technology, Huaiyin Institute of Technology, Taihu University of Wuxi, and Xuhai College, China University of Mining and Technology to offer joint major programs in software engineering and computer science. Pursuant to the cooperation agreements, these six universities and colleges will offer their students options to enroll in joint major programs with Tarena and include Tarena's selected courses in their standard undergraduate curriculum. In return, Tarena will receive the portion of students' tuition that are attributable to Tarena courses.
News For TEDU From The Last 14 Days
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August 20, 2014
09:07 EDTTEDUOn The Fly: Pre-market Movers
UP AFTER EARNINGS: PetSmart (PETM), up 2,1%... Staples (SPLS), up 2%... E-House (EJ), up 2.5%. HIGHER: Fairchild (FCS), up 4% after Bloomberg says Infineon (IFNNY) is near a deal to buy a U.S. semiconductor company for $2B... Amicus Therapeutics (FOLD), up 18.4% after reporting positive Phase 3 data from the Fabry study. DOWN AFTER EARNINGS: Lowe's (LOW), down 3%... Tarena (TEDU), down 9%... Leju (LEJU), down 4.2%... JA Solar (JASO), down 5%. LOWER: Hertz (HTZ), down 12.7% after downgraded at JPMorgan and Deutsche Bank following the company's decision to withdraw its FY14 guidance... NovaBay (NBY), down 35.2% after primary, secondary endpoints were not met in its NVC-422 study... RGS Energy (RGSE), down 14.9% after downgraded at Roth Capital following Q2 earnings results.
August 19, 2014
18:37 EDTTEDUOn The Fly: After Hours Movers
NOTABLE REPORTERS: Digital Ally (DGLY), rose another 6.6% in after-hours trading after surging 94% intraday. DOWN AFTER EARNINGS: Real Goods Solar (RGSE), down 15.8% after reporting second quarter results, filing to sell 5.02M shares of Class A common stock, and announcing that it has promoted Dennis Lacey to CEO... La-Z-Boy (LZB), down 3.79% after reporting first quarter EPS below analyst estimates... Tarena International (TEDU), down 8.4% after reporting second quarter results and guidance for third quarter and fiscal 2014. ALSO LOWER: Hertz (HTZ), down 12% after withdrawing fiscal 2014 guidance.
17:04 EDTTEDUTarena sees FY14 revenue $134.5M-$136M, consensus $138.93M
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17:04 EDTTEDUTarena sees Q3 revenue $38.5M-$39.5M, consensus $42.03M
17:03 EDTTEDUTarena reports Q2 adjusted EPS 12c, consensus 7c
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