Chinese Stocks On Watch after SEC Charges Affiliates of Big Four Accounting Firms
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New Oriental Education (EDU) Off Lows as Analyst Clarifies Comments
December 4, 2012 11:04 AM ESTNew Oriental Education & Technology Group (NYSE: EDU) moves off the lows of the session after analysts at Wells Fargo clarify their early comment about the stock in light of the SEC charges against Chinese subsidiary of the big four accounting firms:
Wells... More
Analyst Warns on New Oriental (EDU) and Ambow Education (AMBO) after SEC Moves on China Big 4 Accounting Firms
December 4, 2012 10:23 AM ESTAnalysts at Wells Fargo said the SEC charges against the Chinese subsidiaries of the big four accounting firms "places the valuation of U.S. listed companies such as New Oriental (NYSE: EDU) and Ambow Education (NYSE: AMBO) in... More
Chinese Stocks Continue Lower on SEC Scrutiny of Accounting
December 4, 2012 10:10 AM ESTChinese stocks continued weaker today. As StreetInsider.com pointed out yesterday, the entire sector is on watch as after the SEC began administrative proceedings... More
