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Stock Market & Financial Investment News

News Breaks
January 17, 2013
16:36 EDTXUEXueda Education CEO sets up share purchase plan
Xueda Education Group announced that Mr. Xin Jin, co-founder and Chief Executive Officer of Xueda, has set up a purchase plan, under which Mr. Jin intends to use his personal funds to purchase up to 330,000 of the Company's American Depositary Shares, ADS, effective from December 28, 2012 and valid through December 31, 2013. Mr. Jin has informed the Company that he intends to make purchases under the plan from time to time on the open market at prevailing market prices pursuant to Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
News For XUE From The Last 14 Days
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March 25, 2015
05:16 EDTXUEXueda Education announces updates on JV with Qihoo 360
Xueda Education Group (XUE) announced updates pertaining to its Joint Venture, or JV, Agreement with Qihoo 360 (QIHU). The Agreement formed a joint-venture company, Sunshine Rabbit Technology, in Beijing, on February 26, with registered capital of less than $5M for the principal business purpose of pursuing online education opportunities. Xueda's CEO and co-founder, Xin Jin, serves as chairman of the board for the joint venture. Junyi Li, a senior executive at Xueda, serves as CEO of the joint venture. Qihoo 360's co-founder and president, Xiangdong Qi, and senior vice president, Guangdong Yu, serve, together with others, as directors of the joint venture.
March 18, 2015
05:41 EDTXUEXueda Education CEO purchased about 10.95M share, 1M ADS
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