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Stock Market & Financial Investment News

News Breaks
June 29, 2012
07:04 EDTTPC, DV, MTW, CAT, EDMC, COCO, APOL, APEI, LOPE, NAUH, LINC, ESI, STRA, CECO, BPIOutcome of vote on transportation, student loan bill in doubt, The Hill says
Two prominent conservative groups are strongly opposing a compromise transportation funding bill that the House is expected to vote on later today, according to The Hill. As a result, the outcome of the vote is in doubt, the publication says. The bill also includes provisions that will prevent interest on student loans from doubling starting July 1. Reference Link
News For APOL;CECO;NAUH;COCO;STRA;LOPE;EDMC;ESI;APEI;BPI;LINC;DV;CAT;MTW;TPC From The Last 14 Days
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June 17, 2013
12:15 EDTAPOLStocks with call strike movement; APOL NFLX
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June 14, 2013
11:28 EDTAPOLStocks with call strike movement; APOL FSLR
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11:27 EDTAPEIAmerican Public management to meet with JPMorgan
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June 13, 2013
07:03 EDTDV, BPI, EDMC, STRA, ESI, APOL, LINC, COCO, LOPE, APEI, NAUH, CECOSources differ on progress towards student loan deal, Politico says
Congressional leaders are making progress towards a deal that would prevent interest rates on college loans from automatically doubling on July 1, Education Secretary Arne Duncan stated yesterday, according to Politico. However, Capitol Hill sources indicated that the parties are still far from reaching a deal, the website reported. Reference Link
June 12, 2013
12:27 EDTCATOn The Fly: Midday Wrap
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11:42 EDTCATCaterpillar raises dividend 15% to 60c from 52c per share
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11:41 EDTCATCaterpillar raises dividend 15%
10:14 EDTMTWOn the Fly: Initiation Summary
AMRI (AMRI) coverage resumed with a Buy at Sterne Agee… AMRI (AMRI) re-initiated with a Buy at Sterne Agee… Allscripts (MDRX) re-initiated with a Buy at Sterne Agee… Amkor Technology (AMKR) initiated with a Buy at Sidoti… Astec (ASTE) initiated with a Hold at Stifel… Bob Evans (BOBE) initiated with an Outperform at Oppenheimer… Calumet Specialty Products (CLMT) initiated with an Outperform at Credit Suisse… Cerner (CERN) re-initiated with a Neutral at Sterne Agee… Charles River Labs (CRL) re-initiated with a Buy at Sterne Agee… Covance (CVD) re-initiated with a Buy at Sterne Agee… First Republic Bank (FRC) initiated with an Overweight at Barclays… Greenway Medical (GWAY) re-initiated with an Underperform at Sterne Agee… Gulfport Energy (GPOR) re-initiated with an Outperform at Credit Suisse… ICON plc (ICLR) re-initiated with a Neutral at Sterne Agee… Manitowoc (MTW) initiated with a Buy at Stifel… PAREXEL (PRXL) re-initiated with a Neutral at Sterne Agee… Pacific Drilling (PACD) initiated with an Outperform at Credit Suisse… Perrigo (PRGO) initiated with an Overweight at Morgan Stanley… Quality Systems (QSII) re-initiated with a Neutral at Sterne Agee… Quintiles (Q) initiated with an Underperform at Sterne Agee… Reliance Steel (RS) initiated with a Hold at Topeka… SVB Financial (SIVB) initiated with an Equal Weight at Barclays… Terex (TEX) initiated with a Buy at Stifel… Texas Roadhouse (TXRH) initiated with a Buy at BofA/Merrill… Whiting Petroleum (WLL) initiated with an In-Line at Imperial Capital… athenahealth (ATHN) re-initiated with a Neutral at Sterne Agee.
06:39 EDTMTWManitowoc initiated with a Buy at Stifel
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June 11, 2013
14:02 EDTEDMC, COCO, DV, ESI, STRA, LOPE, NAUH, CECO, APOL, BPI, APEI, LINCDepartment of Education outlines gainful employment committee parameters
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13:32 EDTCECO, LOPE, DV, LINC, EDMC, BPI, APOL, APEI, COCO, STRA, ESI, NAUHDepartment of Education delays Gainful Employment negotiations, says BMO Capital
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11:17 EDTAPOL, STRA, APEI, BPI, LINC, NAUH, LOPE, ESI, COCO, CECO, EDMC, DVFor-profit education stocks slide after Corinthian gets SEC probe
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09:16 EDTCECO, COCOOn The Fly: Pre-market Movers
HIGHER: Dole Food (DOLE), up 21.9% after CEO offers buyout at $12 per share... Questcor (QCOR), up 32% after buying rights to develop Synacthen and Synacthen Depot in the U.S. from Novartis (NVS), upgrade to Buy at CRT Capital... CardioNet (BEAT), up 44% after announcing a three-year national provider agreement with UnitedHealthcare Insurance (UNH)... Catamaran (CTRX), up 13.2% after announcing a ten-year strategic pharmacy benefits deal with Cigna (CI)... Sprint (S), up 2% after Softbank (SFTBF) increases buyout offer terms. Clearwire (CLWR) up 1.2%. LOWER: lululemon (LULU), down 14.9% after reporting earnings, CEO announces plans to step down, stock downgraded at Sterne Agee and UBS... Texas Instruments (TXN), down 2% after narrowing second quarter revenue, earnings forecast ranges... Corinthian Colleges (COCO), down 15.4% after disclosing the receipt of a subpoena from the SEC. Corinthian peer Career Education (CECO) 5.5%... Kinross Gold (KGC), down 5.5% after canceling development project in Ecuador, taking $720M charge, stock downgraded at Canaccord. DOWN AFTER EARNINGS: LDK Solar (LDK), down 8.5%.
07:15 EDTCOCOCorinthian Colleges volatility elevated into disclosing receipt of SEC subpoena
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07:06 EDTCATHudbay Minerals receives $130M commitment for equipment financing facility
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June 10, 2013
18:58 EDTCOCO, CECOOn The Fly: After Hours Movers
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17:00 EDTCOCOCorinthian Colleges receives subpoena from SEC on June 6
In a regulatory filing, Corinthian Colleges disclosed that on June 6 it received a subpoena from the SEC. In a letter accompanying the subpoena, the SEC stated that it is conducting an investigation of the company. The SEC’s subpoena requests the production of documents and communications that, among other things, relate to student information in the areas of recruitment, attendance, completion, placement, defaults on federal loans and on alternative loans, as well as compliance with U.S. Department of Education financial requirements, standards and ratios (including the effect of certain borrowings under the Company’s credit facility on the company’s composite score, and 90/10 compliance), and other corporate, operational, financial and accounting matters. The company intends to cooperate with the SEC in its investigation
16:59 EDTCOCOCorinthian Colleges trading halted, pending news
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06:13 EDTCATBarloworld expects Caterpillar unit sales growth in Africa, Bloomberg reports
Caterpillar (CAT) South African equipment distributor Barloworld (BRRAW) sees spending by mining companies and governments on infrastructure to increase Africa sales of the machinery by more than 10% a year, reports Bloomberg. Barloworld has exclusive distribution rights with Caterpillar in Russia and eight African countries, including Zambia and Mozambique. Reference Link
June 6, 2013
16:27 EDTESISAC Capital reports 5.3% passive stake in ITT Educational
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