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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:51 EDTBPIBridgepoint Education recent pullback brings opportunity, says William Blair
William Blair views the recent pullback in shares of Bridgepoint Education as a buying opportunity. The firm believes the stock is pricing in enrollment concerns and that evidence of a sustained turnaround will provide upside to shares in the coming quarters. It keeps an Outperform rating on the name.
News For BPI From The Last 14 Days
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August 25, 2014
07:23 EDTBPIGovernment 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).

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