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News Breaks
March 8, 2013
14:28 EDTWPO, LINC, ESI, EDMC, APEI, DV, NAUH, STRA, APOL, COCO, LOPE, BPI, CECOU.S. Army to suspend tuition assistance program, ArmyTimes reports
The U.S. Army's Tuition Assistance program is being suspended due to budget cuts effective 5:00 pm ET Friday, March 8, according to a report by ArmyTimes. The report says soldiers currently enrolled in courses will be allowed to complete their current courses, but will not be able to enroll in Tuition Assistance-funded courses after the deadline. Reference Link
News For APEI;CECO;APOL;EDMC;BPI;STRA;ESI;LOPE;NAUH;LINC;COCO;DV;WPO From The Last 14 Days
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April 27, 2015
10:00 EDTDVOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Canaccord... Akorn (AKRX) downgraded to Neutral from Overweight at Piper Jaffray... Allegiant Travel (ALGT) downgraded to Fair Value from Buy at CRT Capital... Altera (ALTR) downgraded to Neutral from Outperform at Baird... Amazon.com (AMZN) downgraded on valuation at Argus... American Science & Engineering (ASEI) downgraded to Sell from Fair Value at CRT Capital... Basic Energy (BAS) downgraded to Underperform from Neutral at Macquarie... C.H. Robinson (CHRW) downgraded to Sell from Neutral at UBS... Celladon (CLDN) downgraded to Neutral from Buy at Roth Capital... DST Systems (DST) downgraded to Neutral from Outperform at Credit Suisse... DeVry (DV) downgraded on weaker than expected outlook at Stifel... Eaton Vance (EV) downgraded to Sell from Neutral at Citigroup... Emerge Energy (EMES) downgraded to Hold from Buy at Wunderlich... FMC Technologies (FTI) downgraded to Accumulate from Speculative Buy at Global Hunter... Fibria Celulose (FBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Forum Energy (FET) downgraded to Neutral at Baird... Gulf Island Fabrication (GIFI) downgraded to Hold from Accumulate at Johnson Rice... Hancock Holding (HBHC) downgraded to Hold from Buy at Drexel Hamilton... Hi-Crush Partners (HCLP) downgraded to Hold from Buy at Wunderlich... Houghton Mifflin (HMHC) downgraded to Neutral from Buy at Citigroup (Friday)... Infosys (INFY) downgraded to Hold from Buy at Deutsche Bank... Marvell (MRVL) downgraded to Hold from Buy at Craig-Hallum... Merge Healthcare (MRGE) downgraded to Hold from Buy at Topeka... Oceaneering (OII) downgraded to Neutral from Buy at Goldman... Omega Healthcare (OHI) downgraded at BofA/Merrill... Perrigo (PRGO) downgraded to Neutral from Buy at UBS... Petrobras (PBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Procter & Gamble (PG) downgraded on lack of upside at CLSA... ResMed (RMD) downgraded to Neutral from Buy at Goldman... Seadrill (SDRL) downgraded to Sell from Neutral at Citigroup... Six Flags (SIX) downgraded to Neutral from Buy at Goldman... Stratasys (SSYS) downgraded to Hold at Canaccord... Telecom Italia (TI) downgraded to Neutral from Buy at BofA/Merrill... Twitter (TWTR) downgraded to Neutral from Buy at SunTrust... United Continental (UAL) downgraded to Fair Value from Buy at CRT Capital... Virgin America (VA) downgraded to Sell from Buy at CRT Capital.
07:35 EDTDVDeVry downgraded on weaker than expected outlook at Stifel
As noted earlier, Stifel downgraded DeVry to Hold from Buy. The firm says that the outlook of a number of the company's programs is not as strong as it had expected, while the company's catalysts appear limited.
06:43 EDTDVDeVry downgraded to Hold from Buy at Stifel
April 26, 2015
15:32 EDTCOCOCorinthian Colleges ceases effectively all operations
Corinthian Colleges announced that the company has ceased substantially all operations and discontinued instruction at its remaining 28 ground campuses. The company is working with other schools to provide continuing educational opportunities for its approximately 16,000 students. Corinthian said those efforts depend to a great degree on cooperation with partnering institutions and regulatory authorities. Campuses closed include the 13 remaining Everest and WyoTech campuses in California, Everest College Phoenix and Everest Online Tempe in Arizona, the Everest Institute in New York, and Heald College -- including its 10 locations in California, one in Hawaii and one in Oregon. Additionally, Zenith Education has recently advised Corinthian that it will not consummate the purchase of Everest College Phoenix, and the closing conditions have not been satisfied for Everest Institute Rochester. Also, the company had been in advanced negotiations with several parties to both sell Heald College and to arrange for teach-out partners to allow its Everest College and WyoTech students in California to continue their education. The company said these efforts were unsuccessful largely as a result of federal and state regulators seeking to impose financial penalties and conditions on buyers and teach-out partners.
April 24, 2015
16:19 EDTDVOn The Fly: Top stock stories for Friday
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12:49 EDTDVOn The Fly: Top stock stories at midday
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April 23, 2015
19:16 EDTDVOn The Fly: After Hours Movers
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16:29 EDTDVDeVry reports overall postsecondary enrollments up 18% in Q3
“Today we have announced the next phase of the significant transformation strategy underway at DeVry University to improve its competitive positioning and return the institution to growth. We are confident that this strategy, together with the sustained expansion of our healthcare, professional and international institutions will drive positive student outcomes and DeVry Group’s future growth,” said CEO Daniel Hamburger.
16:28 EDTDVDeVry reports Q3 EPS ex-items 70c, consensus 68c
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April 17, 2015
18:14 EDTDVDeVry receives requests for documents from U.S. Attorney Office
On April 10, DeVry Education Group received from the Office of the United States Attorney for the Northern District of Ohio compulsory requests for documents and information from 2007 through April 1, 2015. The requests address allegations under the False Claims Act that DeVry University offered an associate degree program in Health Information Technology without providing necessary information to applicants regarding requirements for obtaining a degree and a job in the health information technology field upon graduation. DeVry Group intends to cooperate with a view toward demonstrating the compliant nature of its practices. The timing or outcome of this matter, or its possible impact on DeVry Group’s business, financial condition or results of operations, cannot be predicted at this time.
April 15, 2015
05:55 EDTCOCOCorinthian Colleges fined $30M for 'misrepresentation' by U.S. DOE
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