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New Oriental Education & Technology Group Inc. Sponsored ADR representing 10 (Cayman Islands) News

Chinese Education Stocks Rise on Report of Tutoring Approval

American depositary receipts of Gaotu Techedu and New Oriental Education & Technology climb sharply on a report they will be granted government licenses.

TAL Education Extends Sharp Losses on China Private Tutoring Crackdown

Analysts downgrade TAL Education following China's crackdown on private education companies.

TAL Education Plummets as China Mulls Turning Tutoring Firms Into Non-Profits

Officials are reportedly considering asking all Chinese tutoring companies to become non-profits.

New Oriental Education Drops; China's Xi Calls for Tougher Rules

New Oriental Education shares fell after China's President Xi called for tougher regulations on after-school education and tutoring institutions.

Stock Market Action Wednesday: Cramer on Netflix, Apple

Here's the latest stock market news including premarket movers like Netflix, buy-the-dip candidates and advice from Jim Cramer including Apple, Fisker and United Airlines.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group

Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.