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Stock Market & Financial Investment News

News Breaks
October 6, 2010
08:04 EDTAPOL, CECO, COCO, DV, LOPE, STRA, EDMC, APEIFor-profit education offensive positive for sector, says Signal Hill
Signal Hill believes that for-profit education companies have gone on the offensive recently, in part by pointing out the alleged bias of the analysis used against the sector and by issuing new reports of their own. As a result, the firm thinks that politicians who want to defend the sector will now be able to do so, and it predicts that stocks in the sector have likely bottomed.
News For APOL;CECO;COCO;DV;LOPE;STRA;EDMC;APEI From The Last 14 Days
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August 1, 2014
10:00 EDTSTRAOn The Fly: Analyst Upgrade Summary
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07:30 EDTDVDeVry upgraded at Stifel
As previously reported, Stifel upgraded DeVry to Buy from Hold. The firm believes earnings will turn positive in 2014 and that the mix shift towards Medical and International Business will lead to growth and substantial earnings power. Price target is $48.
06:38 EDTDVDeVry upgraded to Buy from Hold at Stifel
Price target is $48.
05:50 EDTSTRAStrayer upgraded to Outperform from Market Perform at Wells Fargo
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05:49 EDTSTRAStrayer upgraded to Outperform from Market Perform at BMO Capital
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05:46 EDTSTRAStrayer upgraded to Neutral from Underweight at Piper Jaffray
Piper Jaffray upgraded Strayer to Neutral with a $53 price target citing stabilizing results following the company's Q2 report.
July 31, 2014
16:37 EDTLOPEGrand Canyon sees FY14 EPS $2.21, consensus $2.17
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16:36 EDTLOPEGrand Canyon sees Q3 EPS 53c, consensus 53c
Sees Q3 revenue $169.0M, consensus $168.4M. Target operating margin 24.7%. Sees Q3 student counts of 67,000. For Q4, sees net revenue of $181.6M; target operating margin 27.8%; EPS 63c; student counts of 66,700.
16:34 EDTLOPEGrand Canyon reports Q2 EPS 49c, consensus 45c
Reports Q2 revenue $158.6M, consensus $156.18M. At June 30, enrollment was 57,707, an increase of 12.7% from June 30, 2013. Ground enrollment increased 38.7% to 4,738 from June 30, 2013. Online enrollment increased 10.8% to 52,969 from June 30, 2013.
06:43 EDTSTRAStrayer announces CFO Mark Brown to retire on March 1, 2015
Brown will be replaced by Daniel Jackson, who is being promoted from his current role as Senior Vice President and Treasurer. Jackson joined Strayer Education in 2003, and has served as Vice President of Finance and Regional Vice President of Operations, among other roles.
06:43 EDTSTRAStrayer reports summer term down 6% to 36,403 compared to 38,627 a year ago
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06:42 EDTSTRAStrayer reports Q2 EPS $1.29, consensus $1.27
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July 29, 2014
10:37 EDTSTRAStrayer upgraded to Hold from Sell at Deutsche Bank
July 21, 2014
10:32 EDTCOCOCorinthian Colleges confirms appointment of independent monitor
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July 20, 2014
15:51 EDTCOCOEducation Department names team to monitor Corinthian Colleges
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July 18, 2014
08:33 EDTDVDeVry discloses receipt of letter from NY AG regarding ads, marketing
DeVry disclosed in a regulatory filing that on July 15 DeVry Group received a letter from the Office of the Attorney General of the State of New York requesting cooperation with the NYOAG’s inquiry into whether recent television advertisements and website marketing regarding DeVry University may have violated federal and state laws prohibiting false advertising and deceptive practices. The letter requests relevant information from January 1, 2011, to the present to enable NYOAG to make a determination of what action, if any, is warranted. "DeVry Group intends to provide the Office of the Attorney General with its full cooperation 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," the company stated.

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