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Back On A Profitable Track, New Oriental Pivots Towards Travel
Friday, August 4, 2023 - 9:05am | 1166Key Takeaways: New Oriental Education posted a profit of $177 million in its latest financial year, recovering from a $1.19 billion loss a year earlier The group recently set up a tourism arm to explore opportunities in the so-called livestreaming plus travel sector By Ken Lo China...
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ITT Educational Services Investors Get Schooled
Monday, August 4, 2014 - 3:46pm | 710After the closing bell on Friday, ITT Educational Services (NYSE: ESI) disclosed that a $119 million sale leaseback deal fell through and its lenders boosted a line of credit, so that it would be able to meet pending restrictions on federal funding. That news comes on the heels of a pending...
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Top Home Run Ideas in Three Out of Favor Groups
Sunday, December 5, 2010 - 2:11pm | 953'The time of maximum pessimism is the best time to buy.' Sir John Templeton Investors who had the courage to bet big on automotive and retailing shares at the depth of the Great Recession have reaped rich rewards. While bundled products like Fidelity Select Automotive (FSAVX) and SPDR Retail (XRT)...