Breaking News Instant updates and real-time market news.

RYB

RYB Education

$20.36

-0.645 (-3.07%)

, BEDU

Bright Scholar

$12.42

-0.01 (-0.08%)

08:07
10/02/18
10/02
08:07
10/02/18
08:07

Morgan Stanley ups RYB, cuts New Oriental in China education rating shake-up

As previously reported, Morgan Stanley made three rating changes, including one upgrade and two downgrades, as analyst Sheng Zhong evaluated the impact of new regulations in the sector. While the impact of the new rules are "largely priced in," higher requirements on infrastructure and teacher qualifications could raise costs, there will likely be more supervision on curriculum, extended hours could reduce students' tutoring time; shortened prepayment time will impact cash flow and new employee benefits could increase labor costs for some, Zhong said. The analyst downgraded New Oriental Education (EDU) to Equal Weight from Overweight and cut its earnings forecast by 9-25% for F19-21. Zhong also downgraded Bright Scholar (BEDU) to Equal Weight as part of the sector reshuffling. Zhong upgraded RYB Education (RYB) to Overweight from Equal Weight, stating that it could benefit from the high growth in newborn population and fewer regulation impacts.

RYB

RYB Education

$20.36

-0.645 (-3.07%)

BEDU

Bright Scholar

$12.42

-0.01 (-0.08%)

EDU

New Oriental Education

$70.96

-3.225 (-4.35%)

  • 23

    Oct

RYB RYB Education
$20.36

-0.645 (-3.07%)

07/23/18
JEFF
07/23/18
INITIATION
Target $27
JEFF
Buy
RYB Education initiated with a Buy at Jefferies
Jefferies analyst Johnny Kin Man Wong started RYB Education with a Buy rating and $27 price target. The worst effects of the student maltreatment incident should be felt in RYB's first half of 2018 earnings, and the company will recover, Man Wong tells investors in a research note. He believes RYB is well positioned to capture more of the early childhood education market, the fastest growing segment of the Chinese education market.
01/08/18
MSCO
01/08/18
DOWNGRADE
MSCO
Equal Weight
RYB Education downgraded to Equal Weight from Overweight at Morgan Stanley
05/16/18
FBCO
05/16/18
DOWNGRADE
FBCO
Neutral
RYB Education downgraded to Neutral from Outperform at Credit Suisse
10/02/18
MSCO
10/02/18
UPGRADE
MSCO
Overweight
RYB Education upgraded to Overweight from Equal Weight at Morgan Stanley
BEDU Bright Scholar
$12.42

-0.01 (-0.08%)

06/29/18
06/29/18
NO CHANGE

Morgan Stanley shakes up China Education ratings, ups Bright Scholar, cuts TAL
As previously reported, Morgan Stanley analyst Sheng Zhong upgraded Bright Scholar (BEDU) to Overweight from Equal Weight and downgraded TAL Education (TAL) to Equal Weight from Overweight, telling investors in a note on the China Education sector that she now prefer stocks with a balanced growth outlook and valuation given China's regulatory and operational uncertainties. The analyst, who still prefers companies focused on after-school tutoring, called Rise Education (REDU) and New Oriental Education (EDU) her top picks in the space. Zhong also downgraded Four Seasons Education (FEDU) to Equal Weight and cut her rating on OneSmart Education (ONE) to Equal Weight from Overweight.
06/29/18
MSCO
06/29/18
UPGRADE
MSCO
Overweight
Bright Scholar upgraded to Overweight from Equal Weight at Morgan Stanley
10/02/18
MSCO
10/02/18
DOWNGRADE
MSCO
Equal Weight
Bright Scholar downgraded to Equal Weight from Overweight at Morgan Stanley
01/08/18
MSCO
01/08/18
DOWNGRADE
MSCO
Equal Weight
Bright Scholar downgraded to Equal Weight from Overweight at Morgan Stanley
EDU New Oriental Education
$70.96

-3.225 (-4.35%)

08/22/18
DAIW
08/22/18
NO CHANGE
DAIW
Daiwa remains positive on TAL, New Oriental after new tutoring regulations
Shares of TAL Education (TAL) and New Oriental Education (EDU) traded lower yesterday on speculation that the Chinese government was about to release new regulations for the K-12 tutoring industry, Daiwa John Choi tells investors in a research note. Today, China's State Council published a directive in relation to regulations for after-school training institutions, the analyst adds. He believes some of the major regulations that could potentially disrupt the daily operations of TAL and New Oriental include legal compliance of institutions in areas of licensing and staff teaching qualifications, academic course details being submitted to the regional education department and publicly disclosed, tutorial sessions not overlapping with school time and having to end no later than 8pm, and institutions not being able to collect no more than three months of tuition prepayments. Choi expects the measures to reduce the financial visibility on the affected deferred revenue balances for TAL and New Oriental, but views China's new directive as favorable for scalable tutoring companies in China that have high compliance standards. He remains long-term positive on the sector and optimistic of the growth prospects of TAL and New Oriental "given their high teaching standards."
07/26/18
JPMS
07/26/18
UPGRADE
Target $113
JPMS
Overweight
New Oriental Education upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Leon Chik upgraded New Oriental Education to Overweight and raised his price target for the shares to $113 from $102. The company's Q4 results are better than they look, Chik tells investors in a post-earnings research note.
10/02/18
MSCO
10/02/18
DOWNGRADE
MSCO
Equal Weight
New Oriental Education downgraded to Equal Weight from Overweight at Morgan Stanley

TODAY'S FREE FLY STORIES

UNH

UnitedHealth

$269.44

-0.82 (-0.30%)

, ANTM

Anthem

$312.20

0.5 (0.16%)

12:49
02/20/19
02/20
12:49
02/20/19
12:49
Recommendations
Magellan Health buyout 'reasonable' up to $90 per share, says SVB Leerink »

SVB Leerink analyst Ana…

UNH

UnitedHealth

$269.44

-0.82 (-0.30%)

ANTM

Anthem

$312.20

0.5 (0.16%)

CNC

Centene

$65.13

0.725 (1.13%)

MGLN

Magellan Health

$70.85

5.8 (8.92%)

WCG

WellCare

$278.49

1.42 (0.51%)

HUM

Humana

$308.33

2.98 (0.98%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Feb

  • 28

    Feb

  • 07

    Mar

  • 12

    Mar

  • 19

    Mar

  • 28

    May

XEL

Xcel Energy

$53.90

0.12 (0.22%)

12:45
02/20/19
02/20
12:45
02/20/19
12:45
Hot Stocks
Xcel Energy increases dividend to 40.5c from 38c per share »

The board of directors of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Mar

AMAG

Amag Pharmaceuticals

$15.83

-0.19 (-1.19%)

12:45
02/20/19
02/20
12:45
02/20/19
12:45
Conference/Events
Amag Pharmaceuticals has a conference call hosted by JPMorgan »

JPMorgan Analyst Fye will…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 27

    Feb

  • 23

    Mar

INST

Instructure

$40.82

-1.75 (-4.11%)

12:44
02/20/19
02/20
12:44
02/20/19
12:44
Recommendations
Instructure analyst commentary  »

Instructure's…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

  • 22

    Feb

  • 25

    Feb

  • 25

    Feb

  • 03

    Mar

ACET

Aceto

$0.42

-0.625 (-59.81%)

12:41
02/20/19
02/20
12:41
02/20/19
12:41
Hot Stocks
Aceto receives Nasdaq notice due to delay in filing Form 10-Q »

Aceto Corporation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSM

TSMC

$39.24

0.77 (2.00%)

12:40
02/20/19
02/20
12:40
02/20/19
12:40
Options
Taiwan Semi sees opening put buying »

Taiwan Semi sees opening…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HMHC

Houghton Mifflin

$8.94

0.52 (6.18%)

12:37
02/20/19
02/20
12:37
02/20/19
12:37
Hot Stocks
Houghton Mifflin Harcourt launches HMH Audio in-house audio production studio »

Houghton Mifflin Harcourt…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Feb

  • 28

    Feb

EA

Electronic Arts

$99.25

-3.73 (-3.62%)

, ATVI

Activision Blizzard

$43.82

-0.66 (-1.48%)

12:35
02/20/19
02/20
12:35
02/20/19
12:35
On The Fly
Game On: An exclusive talk with Beamdog CEO Trent Oster »

'NEVERWINTER NIGHTS'…

EA

Electronic Arts

$99.25

-3.73 (-3.62%)

ATVI

Activision Blizzard

$43.82

-0.66 (-1.48%)

TTWO

Take-Two

$89.77

-3.52 (-3.77%)

NTDOY

Nintendo

$0.00

(0.00%)

MSFT

Microsoft

$106.99

-0.77 (-0.71%)

SNE

Sony

$46.86

0.65 (1.41%)

TCEHY

Tencent

$0.00

(0.00%)

UBSFY

Ubisoft

$0.00

(0.00%)

CCOEY

Capcom

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

  • 25

    Feb

  • 03

    Mar

  • 04

    Mar

  • 04

    Mar

  • 06

    Mar

  • 07

    Mar

  • 12

    Mar

  • 13

    Mar

  • 18

    Mar

12:35
02/20/19
02/20
12:35
02/20/19
12:35
General news
FOMC minutes preview: the minutes will be scrutinized »

FOMC minutes preview: the…

OSPN

OneSpan

$20.13

3.355 (20.00%)

12:33
02/20/19
02/20
12:33
02/20/19
12:33
Downgrade
OneSpan rating change  »

Imperial downgrades…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

  • 25

    Feb

  • 11

    Mar

  • 12

    Mar

  • 28

    Mar

OSPN

OneSpan

$20.21

3.435 (20.48%)

12:28
02/20/19
02/20
12:28
02/20/19
12:28
Downgrade
OneSpan rating change  »

OneSpan downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

  • 25

    Feb

  • 11

    Mar

  • 12

    Mar

  • 28

    Mar

KMI

Kinder Morgan

$19.20

0.05 (0.26%)

12:27
02/20/19
02/20
12:27
02/20/19
12:27
Hot Stocks
Kinder Morgan Chairman Richard Kinder buys over 19K shares of company stock »

Kinder Morgan Chairman…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    May

NYT

New York Times

$32.02

0.06 (0.19%)

12:25
02/20/19
02/20
12:25
02/20/19
12:25
Hot Stocks
New York Times publisher responds to Trump's 'enemy of the people' tweet »

After President Trump…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

  • 25

    Feb

RTTR

Ritter Pharmaceuticals

$0.66

-0.0104 (-1.55%)

12:25
02/20/19
02/20
12:25
02/20/19
12:25
Conference/Events
Ritter Pharmaceuticals to host conference call »

Expert call with Dr Chey,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

ZNGA

Zynga

$5.09

-0.01 (-0.20%)

12:20
02/20/19
02/20
12:20
02/20/19
12:20
Options
Defensive option play in Zynga as shares ease off 52-week highs »

Defensive option play in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Feb

  • 25

    Feb

  • 11

    Mar

  • 11

    Mar

HSY

Hershey

$109.97

0.275 (0.25%)

12:19
02/20/19
02/20
12:19
02/20/19
12:19
Earnings
Hershey issues long-term adjusted EPS growth target of 6%-8% »

Hershey in conference…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 03

    Mar

MCS

Marcus

$40.59

1 (2.53%)

12:18
02/20/19
02/20
12:18
02/20/19
12:18
Hot Stocks
Marcus raises quarterly dividend 6.7% to 16c per share »

Directors of The Marcus…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

  • 21

    Feb

  • 02

    Apr

  • 02

    Apr

  • 06

    Jun

HSY

Hershey

$109.95

0.255 (0.23%)

12:18
02/20/19
02/20
12:18
02/20/19
12:18
Hot Stocks
Hershey would consider debt to EBITDA ratio over 2.0 times for acquisition »

Hershey in conference…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 03

    Mar

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
02/20/19
02/20
12:17
02/20/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
02/20/19
02/20
12:16
02/20/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

12:15
02/20/19
02/20
12:15
02/20/19
12:15
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

CVS

CVS Health

$64.92

-5 (-7.15%)

, TSLA

Tesla

$302.25

-3.31 (-1.08%)

12:11
02/20/19
02/20
12:11
02/20/19
12:11
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks opened little…

CVS

CVS Health

$64.92

-5 (-7.15%)

TSLA

Tesla

$302.25

-3.31 (-1.08%)

BMY

Bristol-Myers

$51.21

-0.14 (-0.27%)

CELG

Celgene

$91.25

0.54 (0.60%)

KNDI

Kandi Technologies

$8.45

2.52 (42.50%)

GRMN

Garmin

$82.11

11.145 (15.71%)

NVTA

Invitae

$18.55

2.06 (12.49%)

OMI

Owens & Minor

$6.48

-1.46 (-18.39%)

WIX

Wix.com

$110.43

-15.275 (-12.15%)

CXO

Concho Resources

$114.44

-6.51 (-5.38%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 20

    Feb

  • 20

    Feb

  • 20

    Feb

  • 20

    Feb

  • 20

    Feb

  • 21

    Feb

  • 22

    Feb

  • 22

    Feb

  • 25

    Feb

  • 25

    Feb

  • 25

    Feb

  • 27

    Feb

  • 27

    Feb

  • 28

    Feb

  • 12

    Mar

  • 18

    Mar

  • 18

    Mar

  • 19

    Mar

  • 18

    May

  • 20

    May

  • 22

    May

  • 28

    May

HSY

Hershey

$110.01

0.315 (0.29%)

12:09
02/20/19
02/20
12:09
02/20/19
12:09
Hot Stocks
Hershey reaffirms 2019 guidance at CAGNY Conference »

Hershey said that in a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 03

    Mar

KNX

Knight-Swift

$34.96

0.73 (2.13%)

12:05
02/20/19
02/20
12:05
02/20/19
12:05
Options
Knight Transportation call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

  • 21

    Feb

12:05
02/20/19
02/20
12:05
02/20/19
12:05
General news
U.S. corporate bond update: the calendar remains active. »

U.S. corporate bond…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.