New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 14, 2014
09:40 EDTBPI, ESI, DV, LOPE, STRA, APEI, APOL, COCO, CECOObama Administration unveils new proposed gainful employment regulations
The Obama Administration earlier today announced new proposed gainful employment regulations. The regulations would address growing concerns about burdensome student loan debt by requiring career colleges, many of which are owned by for-profit education companies, to do a better job of preparing students for gainful employment or risk losing access to taxpayer-funded federal student aid, the administration stated. Under the regulations, all gainful employment programs would have to pass metrics to continue eligibility in the federal student financial aid program, including: the estimated annual loan payment of typical graduates does not exceed 20% of their discretionary earnings or 8% of their total earnings and the default rate for former students does exceed 30%. 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, Education Secretary Arne Duncan said yesterday, according to Inside Higher Education. 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).
News For APEI;DV;CECO;STRA;ESI;COCO;LOPE;BPI;APOL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 24, 2015
16:19 EDTDVOn The Fly: Top stock stories for Friday
Subscribe for More Information
12:49 EDTDVOn The Fly: Top stock stories at midday
Subscribe for More Information
April 23, 2015
19:16 EDTDVOn The Fly: After Hours Movers
Subscribe for More Information
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
Subscribe for More Information
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
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use