New Oriental Education & Technology Group Inc. (NYSE:EDU) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 4.52% to $43.90. New Oriental Education & Technology responds to media reports regarding its small overseas study consulting division (EDU). The firm responded to recent media reports referencing its small overseas study consulting division, New Oriental Vision Overseas Consultancy Co, as New Oriental believes these reports could mislead readers about NOVO’s legitimate business activities and harm the reputation of New Oriental and NOVO.Co states: “NOVO has been playing an important role in helping bridge the gap between Chinese and Western cultures and this has led to progress in internationalizing China’s best young talent as well as fostering education-based global collaboration and partnership in various foreign markets.
Despite the fact that the NOVO division accounts for an insignificant part of the Company’s business, New Oriental will continue to execute on and enforce its robust policies and procedures designed to deter and penalize inappropriate employee conduct in an effort to promote highest standards of corporate governance and business conduct throughout the entire organization.” The share price of EDU attracts active investors, as stock price of week volatility recorded 8.96%. The stock is going forward to its 52-week low with 60.22% and lagging behind from its 52-week high price with -17.76%.
Williams Partners L.P. (NYSE:WPZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.89% to close at $35.86 with the total traded volume of 1.54 Million shares. Transcontinental Gas Pipe Line Company, LLC, a wholly owned subsidiary of Williams Partners L.P. (WPZ), announced that it has commenced an offer to exchange any and all of its $1 billion in aggregate principal amount of outstanding 7.85 percent Senior Notes due 2026 for an equal amount of its registered 7.85 percent Senior Notes due 2026.
The terms of the Exchange Notes are identical in all material respects to those of the Original Notes, except that the Exchange Notes have been registered under the Securities Act of 1933, as amended, and the transfer restrictions, registration rights and additional interest provisions relating to the Original Notes do not apply to the Exchange Notes. The purpose of the Exchange Offer is to fulfill Transco’s obligations under the registration rights agreement entered into in connection with the issuance of the Original Notes. Transco will not receive any proceeds from the exchange offer. The firm has institutional ownership of 35.40%, while insider ownership included 57.96%. Its price to sales ratio ended at 2.93. WPZ attains analyst recommendation of 2.10 with week performance of 0.17%.