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Stock Market & Financial Investment News

News Breaks
March 15, 2013
08:52 EDTBPIBridgepoint Education accreditation outlook has improved, says Wells Fargo
After Bridgepoint reported higher than expected Q4 EPS but weaker than expected new enrollment, Wells Fargo reduced its estimates for the company. However, the firm has more confidence that the company's Ashford University will receive accreditation from WASC based on steps the company is taking, and it maintains an Outperform 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).
October 9, 2014
12:46 EDTBPIDoE policy changes a negative for select Education stocks, says Deutsche Bank
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