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Stock Market & Financial Investment News

News Breaks
March 4, 2013
10:55 EDTWSM, MTG, TRP, NS, BPIHigh option volume stocks: BPI NS WSM TRP MTG
News For BPI;NS;WSM;TRP;MTG From The Last 14 Days
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January 28, 2015
15:31 EDTMTGMGIC Investment unit promotes Kurt Thomas to Chief Human Resources Officer
Mortgage Guaranty Insurance Corporation, or MGIC, the principal subsidiary of MGIC Investment Corporation, is promoting Kurt Thomas to senior VP and Chief Human Resources Officer and Dean Dardzinski to VP Managing Director. MGIC is also rounding out its National Accounts team with two VPs National Accounts by promoting Elyse Mitchell and hiring Robert Bates.
January 27, 2015
10:35 EDTMTGOptions with decreasing implied volatility
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January 21, 2015
06:24 EDTTRPTransCanada takes legal action to secure Keystone XL route, AP says
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January 20, 2015
09:11 EDTMTGOn The Fly: Pre-market Movers
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07:17 EDTTRPTransCanada upgraded to Buy from Hold at TD Securities
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07:08 EDTMTGMGIC Investment reports Q4 EPS 19c, consensus 15c
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January 16, 2015
10:01 EDTNSOn The Fly: Analyst Downgrade Summary
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09:30 EDTNSNuStar Energy downgraded to Underweight from Equal Weight at Morgan Stanley
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January 15, 2015
14:45 EDTBPIFor-profit education names slip after Wells says search data negative
Shares of a number of for-profit education companies are falling after Wells Fargo wrote that Google search trends do not bode well for the sector. WHAT'S NEW: Google search trends for the fourth quarter indicate that students' interest in for-profit education companies probably did not increase significantly during that period, Wells Fargo analyst Trace Urdan wrote in a note to investors today. The data indicates that new student enrollment at the schools could even come in below already pessimistic expectations, Urdan reported. The analyst found that searches for terms related to for-profit schools dropped in Q4, versus the same period a year earlier. Moreover, there were many more searches in Q4 for non-profit schools than for-profit colleges, Urdan stated. Sentiment towards for-profit education names is already "quite weak" after President Obama on January 9 proposed allowing all Americans to attend community college at no cost and Apollo Education (APOL) on January 8 provided lower than expected Q2 revenue guidance, Urdan stated. As a result, investors may already be expecting schools in the sector to report weak enrollment data, Urdan believes. However, the search data for Strayer (STRA) is "more negative than positive," even though expectations for the company appear to be elevated, the analyst reported. On a positive note, search results for Capella Education (CPLA), Grand Canyon (LOPE), and DeVry's (DV) Chamberlain looked better than average, Urdan reported, adding that investors' expectations towards those names are relatively upbeat. PRICE ACTION: In mid-afternoon trading, Strayer fell 1% to $68, ITT Educational fell 3.6% to $8.37, Bridgepoint Educational (BPI) tumbled 4.5% to $10.10, American Public (APEI) slid 2.25% to $33.89, and Grand Canyon gave back 2% to $43.

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