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The Latest Breaking News from STG

Aussies overlooked but English gun hits Hundred jackpot

English allround prospect James Coles has proved the big winner of The Hundred auction, earning a huge pay-day of £390,000 as Australians went largely unwanted.

AAP

England's The Hundred will have strong Aussie accent

The last recruitment phase for The Hundred has concluded with 24 Australians set to play in the latest edition of England's white-ball franchise competition.

AAP

Famous Drummer Loses His Life In San Diego Plane Crash After Chilling Post Of Himself At Controls

Famous drummer Daniel Williams shared snaps from inside the plane hours before the aircraft slammed into a home with a couple and their two children inside.

Bored Panda

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Rosica Officially Exits Avid

Rosica announced his resignation from Avid in November after the company was acquired by STG for $1.4 billion

TV Tech

3 China Stocks With Potential to Soar

With the higher-than-expected economic growth in the first quarter, China seems on track to achieve its GDP target of around 5% in 2024 despite the struggling real estate market. Thus, fundamentally solid China stocks Sunlands Technology (STG), China Automotive Systems (CAAS), and X Financial (XYF) could be ideal buys now.…

StockNews.com

Wellford Dillard Appointed As New CEO Of Avid Technology Company

Avid appoints Wellford Dillard as new CEO, bringing extensive software industry experience. Exciting leadership change at Avid.

Top News

Top 3 China Stocks Unleashing Gains in February

Despite facing challenges, China's economy exceeded its growth rate expectations last year. Moreover, the recent surge in consumer spending indicates a promising outlook ahead. Hence, fundamentally sound China stocks Vipshop Holdings (VIPS), China Automotive Systems (CAAS), and Sunlands Technology (STG) might be solid buys for gains this month. Read on.

StockNews.com

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3 China Stocks to Buy Climbing the Charts

Several officials and experts indicate a positive outlook for the Chinese economy in 2024, playing a crucial role in driving global economic growth. Amid an optimistic economic backdrop, it could be wise to invest in top China stocks Ping An Insurance (Group) (PNGAY), Sunlands Technology (STG), FinVolution (FINV) for substantial…

StockNews.com

The Top 3 China Stocks Securing Investor Portfolios

Despite various challenges, the Chinese economy has consistently exhibited remarkable and steadfast resilience, maintaining robust growth. Therefore, three Chinese stocks, Vipshop Holdings (VIPS), Sunlands Technology (STG), and X Financial (XYF), could be ideal buys. Read more….

StockNews.com

Avid CEO Jeff Rosica to Retire

Announcement comes days after STG completes $1.4B acquisition

TV Tech

STG Closes Acquisition of Avid

Company is now privately held, and its common stock has ceased trading

TV Tech

Pro Tools manufacturer Avid acquired by private equity firm for $1.4bn

Acquired by STG, Avid is the maker of Media Composer, Sibelius and the industry-standard DAW Pro Tools

MusicRadar

Avid to Be Acquired by an STG Affiliate for $1.4B

The private equity group expects the deal to close in Q4 2023

TV Tech

3 'A' POWR Rated China Stocks With Tons of Buying Interest

Despite the challenges, the Chinese economy has exhibited resilience in navigating the pressure and maintaining stability. Thus, fundamentally strong stocks X Financial (XYF), China Automotive Systems, Inc. (CAAS), and Sunlands Technology Group (STG), rated A (Strong Buy) in our POWR Ratings system, could be ideal picks. Let’s discuss….

StockNews.com

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Football London

Chelsea owners Clearlake Capital confirm staggering $2bn deal ahead of vital transfer window

Chelsea news: Clearlake Capital continue to make major business deals whilst the Blues plan for a vital summer under the watch of Todd Boehly.

StockNews.com

3 China Stocks Smart Money Is Following

While worldwide counterparts saw weaker growth due to inflation and rising interest rates, China’s GDP soared in the first quarter of 2023. With the nation’s upward momentum expected to persist, it could be wise to load up on robust China stocks X Financial (XYF), China Automotive (CAAS), and Sunlands Technology…

StockNews.com

2 China Stocks Worth Investors' Attention

As China shifts gears from reopening to a phase of economic growth, the world's second-largest economy's long-term prospects look promising. Hence, fundamentally robust stocks, Sunlands Technology (STG) and Tarena International (TEDU), which are primed for growth, could be worth investors’ attention now. Keep reading….

StockNews.com

The Best China Stocks to Buy This Week

Following the lifting of pandemic restrictions in December, China’s economy is set to rebound this year with accelerating mobility and activity. Moreover, upbeat economic data in the first two months of this year indicates that the nation’s expected recovery is broadly on track. Thus, it could be an opportune time…

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Benzinga

Read How Sunlands Technology Fared In Q1

Sunlands Technology Group (NYSE:STG) reported a first-quarter FY22 sales decline of 11.7% year-on-year to $96.7 million. EPS for the quarter was $4.28. The gross billings for the quarter decreased 34.2% Y/Y to RMB390.6 million ($61.6 million). The gross profit for the quarter fell 12.1% to RMB516.6 million ($81.5 million), with a margin of…

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