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Stock Market & Financial Investment News

News Breaks
March 14, 2014
06:35 EDTBPI, ESI, DV, LOPE, STRA, APEI, APOL, COCO, CECO20% of for-profit education programs would fail new rule, Inside Higher Ed says
The White House last night released new proposed gainful employment regulations for career training programs at for-profit colleges to a limited number of news organizations that have not yet disclosed the details of the rule, according to Inside Higher Education. The "overall structure" of the proposed regulations appears to be the same as a draft version the Department of Education released in December, the website stated. About 20% of for-profit education programs would fail to meet the standards in the regulations, and another 10% would be in a warning zone, the website quoted Education Secretary Arne Duncan as saying. The gainful employment regulations are supposed to limit the amount of debt that students hold. The full version of the regulations is expected to be released to the public today at 7 AM ET, the website stated. 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 Education (LOPE), ITT Educational (ESI) and Strayer (STRA) Reference Link .
News For APEI;DV;CECO;STRA;ESI;COCO;LOPE;BPI;APOL From The Last 14 Days
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December 19, 2014
06:53 EDTAPEI, LOPE, ESI, DV, STRA, COCO, CECO, BPI, APOLWhitie House unveils college ratings blueprint, Reuters says
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December 18, 2014
16:10 EDTCECOCareer Education intends to divest Le Cordon Bleu Colleges of Culinary Arts
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08:01 EDTDVDeVry to acquire Faculdade Ideal , terms not disclosed
DeVry Education Group announced that DeVry Brasil has entered into an agreement to acquire Faculdade Ideal. Located in Belém, Pará in northern Brazil, Faci currently serves approximately 2,500 students and offers undergraduate programs in high-demand career fields such as law, education, accounting, technology and engineering. The transaction is expected to be completed in the third quarter of fiscal 2015. -
December 16, 2014
14:19 EDTDVDeVry Brasil to acquire Damásio Educacional
DeVry Education Group announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Completion of the transaction is expected to occur February 2015, subject to all regulatory approvals. Damásio is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio is expected to generate approximately $50 million in revenue in calendar year 2014. DeVry Group expects Damásio to be modestly accretive to earnings per share in fiscal 2015 and increasing thereafter.

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