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Stock Market & Financial Investment News

News Breaks
May 22, 2014
09:17 EDTCECO, AACCCareer Education names Reid Simpson as SVP, CFO
Career Education (CECO) announced the appointment of Reid E. Simpson as SVP and CFO. He replaces Colleen O’Sullivan who is leaving the organization, but will remain available for consultation to Simpson through the end of June to ensure a smooth transition. Before joining Career Education, Simpson was SVP and CFO of the Asset Acceptance Capital Corp (AACC).
News For CECO;AACC From The Last 14 Days
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August 15, 2014
10:32 EDTCECOHigh option volume stocks
High option volume stocks: BXR IRWD ACM CECO TCK JAH MNST AVB EDU DAR
August 8, 2014
08:21 EDTCECOOptions expected to be active
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August 7, 2014
08:05 EDTCECOCareer Education sees 2H University and Culinary Arts enrollment positive
The company expects to be total student enrollment positive year-over-year for its University and Culinary Arts segments during 2H as a result of improving enrollment trends, including increased application volume. Career Education President and CEO Scott Steffey said, “The performance of our colleges, institutions and universities is very much in line with our plans as we move further along in our turnaround strategy and some of the early changes we made to the organization begin to generate results. We are very pleased with our progress. The new student enrollment growth we are experiencing with our universities, the total enrollment growth within culinary arts and the sequential improvement in the rate of decline of total enrollments across the organization is consistent with our 2014 goals and positions us well for 2015. Our cash position and overall liquidity also remain strong.”
08:03 EDTCECOCareer Education reports Q2 new enrollments ex-items up 2.3%
For ongoing operations, which excludes Transitional Schools, new student enrollments increased 2.3% for Q2 compared to the prior year quarter.
08:02 EDTCECOCareer Education reports Q2 continuing ops EPS (53c), consensus (52c)
Reports Q2 revenue $229.3M, consensus $233.64M. For ongoing operations, which excludes Transitional Schools, total student enrollments decreased 4.8% as of June 30, as compared to June 30, 2013.

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