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Stock Market & Financial Investment News

News Breaks
March 1, 2013
06:49 EDTBPIBridgepoint Education retains HLC accreditation for now, says William Blair
William Blair notes that one of Bridgepoint's accreditors, the Higher Learning Commission, or HLC, has enabled the company's Ashford University to retain regional accreditation while the company attempts to obtain approval from another accreditor, WASC. The firm thinks that the HLC's decision will allow Bridgepoint to focus on meeting WASC's criteria, although it expects the stock to remain range bound until June 2013. It maintains a Market Perform rating on the shares.
News For BPI From The Last 14 Days
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October 15, 2014
07:07 EDTBPIFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. 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).

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