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Stock Market & Financial Investment News

News Breaks
June 9, 2014
14:21 EDTAPEI, NNI, FMD, APOL, BPI, LOPE, COCO, ESI, STRA, CECO, DV, SLMObama to seek to ease student debt burden for nearly 5M borrowers
President Obama will sign a new Presidential Memorandum today directing the Secretary of Education to propose regulations that would allow nearly 5M additional federal direct student loan borrowers the opportunity to cap their student loan payments at 10% of their income, the White House stated. The Presidential Memorandum also outlines a series of new executive actions aimed to support federal student loan borrowers, especially for vulnerable borrowers who may be at greater risk of defaulting on their loans, it added. Companies that lend to students include First Marblehead (FMD), Nelnet (NNI), and SLM Corp (SLM). Publicly traded for-profit education companies include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon Education (LOPE), ITT Educational (ESI) and Strayer (STRA).Reference Link
News For APEI;DV;CECO;STRA;ESI;COCO;LOPE;BPI;APOL;FMD;NNI;SLM From The Last 14 Days
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October 17, 2014
12:23 EDTESIITT leaps after upping scholarships, projecting FY15 positive cash flow
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11:34 EDTESIITT expects interest expense reduction in FY15 vs. FY14
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11:28 EDTESIITT Educational says Q3 enrollment impacted by 11% admissions decline
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10:16 EDTCECOHigh option volume stocks
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07:34 EDTESIITT Educational reports preliminary Q3 new student enrollments down 9.5%
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07:34 EDTESIITT Educational reports preliminary Q2 new student enrollments down 8.1%
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October 16, 2014
17:30 EDTCOCOCorinthian Colleges enters into Forbearance and Consent Agreement
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October 15, 2014
07:07 EDTAPEI, LOPE, STRA, COCO, BPI, APOL, DV, ESI, CECOFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. Publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).
06:19 EDTLOPEGrand Canyon upgraded to Outperform from Neutral at RW Baird
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October 14, 2014
17:23 EDTESIBarnstar Opportunities reports 5.4% passive stake in ITT Educational
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15:29 EDTSLMNotable companies reporting after market close
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October 9, 2014
12:46 EDTAPOL, STRA, BPIDoE policy changes a negative for select Education stocks, says Deutsche Bank
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06:25 EDTDVDeVry could close campuses to cut costs, says Deutsche Bank
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