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Stock Market & Financial Investment News

News Breaks
March 21, 2013
13:59 EDTAPOLApollo Group enrollment trends likely to be weak, says Barrington
Barrington expects Apollo's enrollment trends to remain weak throughout FY13, as the firm expects new degreed enrollment to remain negative for the next two quarters. The firm thinks the stock lacks a near-term catalyst and it expects the company to report slightly higher than expected Q2 EPS and slightly lower than expected Q2 revenue. The firm maintains a Market Perform rating on the shares.
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August 25, 2014
07:23 EDTAPOLGovernment not looking to push other colleges out of business, says Wells Fargo
In the wake of Corinthian Colleges' (COCO) dissolution due to actions taken by the Department of Education, Wells Fargo thinks the government did not intend for this scenario to unfold. After speaking with unnamed "knowledgeable sources" about the issue, the firm does not expect the department to take similar actions in the future because doing so would create too much of a workload for the department, Wells believes. 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 (LOPE), ITT Educational (ESI) and Strayer (STRA).
August 19, 2014
15:12 EDTAPOLApollo Education management to meet with Piper Jaffray
Meeting to be held in Los Angeles on August 21 hosted by Piper Jaffray.

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