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News Breaks
March 22, 2013
10:19 EDTAPEI, COCO, LINC, NAUH, LOPE, ESI, STRA, BPI, EDMC, APOL, CECO, DVAmerican 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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September 16, 2014
17:05 EDTEDMCEducation Management files to delay 10-K
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13:00 EDTCOCOCorinthian Colleges sued by CFPB over predatory loans, Reuters says
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September 15, 2014
12:04 EDTDVDeVry management to meet with Piper Jaffray
Meeting to be held in New York on September 17 hosted by Piper Jaffray.
September 11, 2014
13:02 EDTDVDeVry to acquire Faculdade Martha Falc„o
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08:04 EDTLINCLincoln Educational CFO to take temporary medical leave of absence
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September 10, 2014
08:32 EDTLOPE, STRA, DV, APOL, ESIBofA/Merrill education/prof svcs analyst has analyst/industry conference call
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September 9, 2014
07:26 EDTAPEIDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 9 at 10:30 am; not all company presentations may be webcasted. Webcast Link
September 8, 2014
14:52 EDTEDMCEducation Management requests withdrawal of registration statement
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September 4, 2014
15:50 EDTEDMCEducation Management downgraded to Underperform at Wells Fargo
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