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Stock Market & Financial Investment News

News Breaks
November 9, 2012
10:23 EDTESI, CECO, APOL, LINC, STRA, DV, LOPE, BPI, APEI, EDMC, NAUH, COCOFor profit education companies sink after Strayer guidance miss
Many for-profit education stocks are retreating after Strayer Education (STRA) predicted that its fourth quarter profit would be significantly below Wall Street's expectations. Strayer's full-year earnings per share outlook was also well below analysts' consensus estimate. Moreover, the company announced that it was suspending its dividend in 2013, and said that its enrollment dropped 4.6% in the third quarter. However, on a positive note new student enrollments did surge 40% compared with the same period in 2011. In mid-morning trading, Strayer tumbled $6.32, or 11.25%, to $49.85, while Bridgepoint Education (BPI) gave back 2.43% to $8.83, Grand Canyon (LOPE) retreated 3.06% to $21.55, and Corinthian Colleges (COCO) lost 1.73% to 42.27.
News For BPI;LINC;COCO;LOPE;APOL;NAUH;DV;CECO;EDMC;STRA;ESI;APEI From The Last 14 Days
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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 Groupís 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
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April 8, 2015
08:07 EDTAPOLCarnegie Learning mathematics curricula approved by state of Florida
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April 7, 2015
10:36 EDTAPOLApollo Education calls active on renewed takeover speculation
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10:24 EDTAPOLRumor: Apollo Education active on renewed takeover speculation
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April 6, 2015
15:02 EDTDVDeVry announces new credit agreement with up to $550M potential capacity
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April 5, 2015
13:39 EDTCOCOCorinthian Colleges enters into Forbearance Agreement
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