After social platform YY launched a new online education offering and New Oriental Education & Tech Grp (ADR) (NYSE:EDU)’s stock sank 14%, Oppenheimer thinks that YY’s product faces a number of significant hurdles, including the firm’s belief that Internet education is a better fit for adults than teenagers, who have become the main consumers of overseas test prep in recent years, according to the firm. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) stock performance was -5.93% in last session and finished the day at $26.50. Traded volume was 2,840,430 million shares in the last session and the average volume of the stock remained 1.26 million shares. The beta of the stock remained 1.07. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) insider ownership is 12.53%.
Silvercorp Metals (TSE:SVM) declared a quarterly dividend on Friday, February 14th, American Banking and Market News reports. Investors of record on Monday, March 31st will be given a dividend of 0.005 per share on Monday, April 21st. Silvercorp Metals Inc. (USA) (NYSE:SVM) dropped -5.04 percent to $2.26 yesterday on volume of 2.61 million shares. The intra-day range of the stock was $2.25 to $2.36. Silvercorp Metals Inc. (USA) (NYSE:SVM) has a market capitalization of $386.19 million.
Furmanite Corp. (NYSE:FRM) announced its earnings results on Friday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.09, StockRatingsNetwork.com reports. The company had revenue of $130.40 million for the quarter, compared to the consensus estimate of $132.34 million. Furmanite Corporation (NYSE:FRM)’s stock on Mar 7, 2014 reported a decrease of -9.33% to the closing price of $10.50. Its fifty two weeks range is $5.85 -$12.70. The total market capitalization recorded $393.65 million. The overall volume in the last trading session was 1,954,758 million shares. In its share capital, Furmanite Corporation (NYSE:FRM) has 37.43million outstanding shares.
Centrais Eletricas Brasileiras SA is a (ADR) (NYSE:EBR.B) Brazil-based holding company engaged in the electric power generation, transmission and distribution. The Company operates and maintains hydroelectric power plants, thermal power plants, nuclear power plants and wind/solar power plants. The Company acts as an agent for managing and investing government funds related to the energy sector, such as the Global Reversion Reserve (RGR), Fuel Consumption Account (CCC) and Energy Development Account (CDE). On Friday, shares of Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) dropped -4.81% to close the day at $3.76. Company’s monthly performance is recorded as -4.21%. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) quarterly revenue growth is -14.58%.