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Stock Market & Financial Investment News

News Breaks
March 22, 2013
10:19 EDTLINC, ESI, EDMC, APEI, DV, NAUH, STRA, APOL, COCO, LOPE, BPI, CECOAmerican Public Education climbs following Wells Fargo upgrade
American Public Education (APEI), a for-profit education company that focuses on serving members of the military, is climbing after Wells Fargo analyst Trace Urdan upgraded the stock to Outperform from Market Perform in a note to investors earlier today. The budget extension passed by Congress this week restores funding for a program that pays for members of the military to take college courses, Urdan stated. Moreover, the sequester could reduce the number of people serving in the military by as much as 200,000 by the end of this year, according to Urdan, who cited an estimate by the House Armed Services Committee staff. A large number of those leaving the military are likely to use the Post 9/11 GI bill to obtain additional training and degrees, the analyst wrote. Urdan raised his price target on the stock to $37-$41 from $27-$33. In early trading, the stock climbed $1, or 3%, to $35. Other for-profit education stocks also rose, with Apollo Group (APOL) gaining 2% to $17.20, Grand Canyon (LOPE) climbing 1.3% to $25.10 and Education Management Corp (EDMC) advancing 1.6% to $3.75.
News For APEI;CECO;APOL;EDMC;BPI;STRA;ESI;LOPE;NAUH;LINC;COCO;DV From The Last 14 Days
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November 24, 2014
09:01 EDTDVDeVry announces partnership with Kelly Services
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November 20, 2014
09:06 EDTCOCOCorinthian Colleges to sell 56 Everest ,WyoTech Campuses
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November 19, 2014
07:48 EDTCOCOCorinthian Colleges not in compliance with Nasdaq listing requirements
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November 12, 2014
17:06 EDTCOCOCorinthian Colleges delays filing 10-Q
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12:41 EDTLOPE, ESI, DV, STRA, COCO, CECO, APEI, BPI, APOLFor-profit education stocks look appealing, analyst says
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08:19 EDTDV, LOPE, APEI, APOLJPMorgan to hold a conference
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07:22 EDTSTRA, LOPE, CECO, ESI, APOL, DV, BPI, APEIPiper says time to increase exposure to Education sector
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November 11, 2014
15:01 EDTDVDeVry announces death of board chair Connie Curran
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07:29 EDTLOPEGrand Canyon has many potential buyers, says Wells Fargo
Wells Fargo believes that weak Christian schools looking for momentum could buy Grand Canyon, while strong Christian schools could buy the company as a means of expanding to the West Coast. Struggling NFP student loan guarantee agencies could also look to buy the company, according to Wells, which keeps an Outperform rating on the shares.

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