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The utility sector is generally credited as an “all-weather” investment, given its defensive nature and the steady returns it generates in the form of dividends. Riding on these traits, utility stocks fared relatively better in a down year for equity markets. The Dow Jones Utility Average was down merely 1.4% in 2022 compared to S&P 500’s 19.4% slump. The Utilities Select Sector SPDR Fund (NYSE:XLU), an exchange-traded fund tracking the performance of utility stocks that are S&P 500 components, rose 1.4% last year. An analyst at KeyBanc Capital Markets warned that the good times may not last. The Utility Analyst: Analyst Sophie Karp downgraded both Southern Company (NYSE:SO) and CenterPo
Gainers Cango (NYSE:CANG) stock moved upwards by 22.9% to $2.9 during Monday's pre-market session. The market value of their outstanding shares is at $423.2 million. RISE Education Cayman (NASDAQ:REDU) shares rose 8.27% to $1.57. The company's market cap stands at $93.0 million. Cenntro Electric Group (NASDAQ:CENN) stock moved upwards by 8.23% to $1.84. The company's market cap stands at $480.7 million. BARK (NYSE:BARK) stock increased by 4.79% to $3.28. The market value of their outstanding shares is at $569.3 million. Puxin (NYSE:NEW) stock rose 4.79% to $1.53. The market value of their outstanding shares is at $13.3 million. Cazoo Gr (NYSE:CZOO) stock rose 4.58% to $2.28. The m
BEIJING, Dec. 22, 2021 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2021, before U.S. markets open on December 29, 2021. About Puxin Limited Puxin Limited (NYSE:NEW) ("Puxin" or the "Company") is a private educational services provider in China. Puxin has a strong acquisition and integration expertise to effectively improve education quality and operational performance of acquired schools. Puxin offers quality educational services to students, and has developed online and mobile applications to enhance students' learning exp
25-NSE - Puxin Ltd (0001726189) (Subject)
6-K - Puxin Ltd (0001726189) (Filer)
NT 20-F - Puxin Ltd (0001726189) (Filer)
SC 13G/A - Puxin Ltd (0001726189) (Subject)
SC 13G - Puxin Ltd (0001726189) (Subject)
SC 13G/A - Puxin Ltd (0001726189) (Subject)
BEIJING, April 28, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that the Company has appointed Mr. Liang Zeng as an independent director to the Company's board of directors (the "Board"), effective April 28, 2022. Mr. Liang Zeng will also serve as a member on the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board. Mr. Zeng is a well-known Internet entrepreneur and angel investor. He has extensive experience in strategic planning, business development and operation management in industries such as digital marketing, mobile Internet and artificial i
BEIJING, March 7, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that the Company appointed Marcum Bernstein & Pinchuk LLP ("MBP") as the Company's independent registered public accounting firm for its fiscal year ended December 31, 2021. At the same time, the Company and Deloitte Touche Tohmatsu Certified Public Accountants LLP ("Deloitte") have mutually agreed to terminate Deloitte's appointment as the Company's independent registered public accounting firm, effective immediately. The Company's decision to replace Deloitte with MBP was approved by the Audit Committee of the Company. Deloitte was pr
BEIJING, Feb. 21, 2022 /PRNewswire/ -- Puxin Limited (NYSE:NEW) ("Puxin" or the "Company"), a private educational services provider in China, today announced that based on a notification letter it received on February 18, 2022 from the New York Stock Exchange ("NYSE"), the Company has regained compliance with the NYSE's continued listing standard for share prices. On August 18, 2021, the Company was notified by the New York Stock Exchange ("NYSE") of its noncompliance with the NYSE's continued listing standards because the average closing price of its American depositary shares had fallen below $1.00 over a period of 30 consecutive trading days. In order to regain compliance with the minimum