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Stock Market & Financial Investment News

News Breaks
March 5, 2013
10:19 EDTESI, EDMC, APOL, DV, NAUH, STRA, CECO, COCO, LOPE, BPI, APEI, LINCApollo Group rallies after Deutsche Bank upgrade
For-profit education company Apollo Group (APOL) is climbing after Deutsche Bank analyst Paul Ginocchio upgraded the stock to Hold from Sell in a note to investors earlier today. The valuation of University of Phoenix students reflected by the stock has reached "pretty distressed levels," wrote the analyst. Even if the company's enrollment trends deteriorate farther, the stock is unlikely to fall much below current levels, the analyst believes. The company's Learning Management System - which uses advanced computer learning features to adapt teaching methods to individual students - is worth $2-$6 per share, Ginocchio contends. This system and the company's cash justify a share price of $10-$16 without factoring in the University of Phoenix, the analyst wrote. Finally, the changes that Apollo must make to retain accreditation from the Higher Learning Commission should not significantly lower the company's enrollment trends or increase its costs, added Ginocchio, who retained a $17 price target on the shares. In mid-morning trading, Apollo Group jumped 85c, or 5% to $17. Other for-profit education companies also advanced, with ITT Educational (ESI) gaining 3% to $12.75, Grand Canyon (LOPE) rising 1.7% to $23.45, and Strayer (STRA) climbing 1.2% to $47.50.
News For APOL;APEI;CECO;EDMC;BPI;STRA;ESI;LOPE;NAUH;LINC;COCO;DV From The Last 14 Days
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August 4, 2015
07:14 EDTBPIBridgepoint Education reports Q2-end total student enrollment 51,049
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07:14 EDTBPIBridgepoint Education reports Q2 EPS 1c, consensus 13c
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July 31, 2015
17:21 EDTDVDeVry says U.S Attorney declined to intervene in lawsuit
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09:06 EDTCECO, EDMCCareer Education names Todd Nelson as president and CEO
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July 30, 2015
07:48 EDTESIITT Educational reports Q2 EPS 3c, two estimates 10c
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July 29, 2015
10:27 EDTAPOLApollo Education slides after receiving CID from FTC
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10:07 EDTAPOLHigh option volume stocks:
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06:31 EDTSTRAStrayer reports total enrollments for summer term up 2% to 37,221
Total enrollments at Strayer University for the summer term 2015 increased 2% to 37,221 students compared to 36,403 students for the summer term 2014. New student enrollments increased by 4%, and continuing student enrollments increased by 2%.
06:31 EDTSTRAStrayer reports Q2 EPS $1.11, consensus 99c
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July 27, 2015
14:38 EDTLINCHeartland Advisors reports 18.5% passive stake in Lincoln Educational
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