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New Oriental Education & Technology Group Inc (EDU.N)

EDU.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Beijing New Oriental Star Petrochemical Engineering plans construction JV in Xijiang with partner
Wednesday, 15 Mar 2017 05:26am EDT 

Beijing New Oriental Star Petrochemical Engineering Co Ltd <002755.SZ> : Says it plans to set up a construction JV in Xijiang with partner .Says JV will be capitalized at 30 million yuan and co will hold a 51 percent stake in it.  Full Article

New Oriental announces management change
Friday, 2 Sep 2016 04:00am EDT 

: New oriental announces management change . New Oriental Education & Technology Group Inc - Says appointed Chenggang Zhou, company's current president, as CEO of New Oriental . New Oriental Education & Technology Group Inc - Says appointment is effective September 2, 2016 .New Oriental Education & Technology Group Inc - Zhou succeeds Michael Minhong Yu, who will become executive chairman of board.  Full Article

New oriental Q4 net income per ADS attributable to new oriental $0.27
Wednesday, 20 Jul 2016 04:00am EDT 

New Oriental Education & Technology Group Inc : Q4 net income per ads attributable to new oriental $0.27 . Not including impact from depreciation of renminbi against dollar, projected q1 revenue growth rate 18% to 22% . New oriental announces results for the fourth fiscal quarter and fiscal year ended may 31, 2016 . Q4 revenue $394.9 million versus i/b/e/s view $389.7 million . Sees q1 2017 revenue $508.9 million to $527.3 million . Q4 non-gaap net income per ads attributable to new oriental $0.29 .Sees q1 2017 revenue to be in the range of $508.9 million to $527.3 million.  Full Article

New Oriental Education & Technology Group Inc gives Q2 2016 revenue guidance in line with analysts' estimates
Tuesday, 20 Oct 2015 04:00am EDT 

New Oriental Education & Technology Group Inc:Expects total net revenues in Q2 2016 to be in the range of $267.0 million to $276.4 million, representing year-over-year growth in the range of 13 pct. to 17 pct.If not including impact from recent depreciation of Renminbi against the U.S. Dollar, projected revenue growth rate is expected to be in the range of 17 [ct. to 21 pct. for Q2 2016.Q2 2016 revenue of $267.8 million.  Full Article

New Oriental Education & Technology Group Inc declares special cash dividend
Tuesday, 21 Jul 2015 04:00am EDT 

New Oriental Education & Technology Group Inc:Has declared special cash dividend in the amount of $0.4 per ADS/common share.Says cash dividend will be paid on Oct. 7 to shareholders of record at close of business on Sept. 4.Ex-dividend date will be Oct. 5.  Full Article

New Oriental Education & Technology Group Inc gives Q1 2016 revenue guidance in line with analysts' estimates
Tuesday, 21 Jul 2015 04:00am EDT 

New Oriental Education & Technology Group Inc:Expects total net revenues in Q1 2016 to be in the range of $441.3 million to $457.0 million.Q1 2016 revenue of $449.7 million - Thomson Reuters I/B/E/S.  Full Article

New Oriental Education & Technology Group Inc announces Chief Financial Officer appointment
Tuesday, 21 Apr 2015 04:01am EDT 

New Oriental Education & Technology Group Inc:Says transition in role of company's Chief Financial Officer.Says Stephen Zhihui Yang, current Vice President of Finance, will be promoted to Chief Financial Officer of company, effective April 21.  Full Article

New Oriental Education & Technology Group Inc gives Q4 2015 revenue outlook in line with analysts' estimates
Tuesday, 21 Apr 2015 04:00am EDT 

New Oriental Education & Technology Group Inc:Expects Q4 2015 net revenues to be in the range of $322.0 to $333.5 million, representing year-over-year growth in the range of 12 to 16 pct.Q4 2015 revenue of $323.5 mln - Thomson Reuters I/B/E/S.  Full Article

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Exclusive: U.S. standards council to investigate New Oriental after Reuters report

MIAMI A U.S. standards-setting body said it would investigate New Oriental Education & Technology Group Inc in the wake of a Reuters report that detailed allegations of academic fraud at the company.