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Stock Market & Financial Investment News

News Breaks
July 2, 2014
07:36 EDTSTRA, BPI, CECO, APEI, APOL, DV, LOPE, ESI, COCOImplications of Corinthian dissolution on peers mixed, says Wells Fargo
Corinthian Colleges' (COCO) "seeming imminent dissolution as an operating company" means that the Department of Education's actions have become unpredictable and will have "a chilling effect on investment" in the space, according to Wells Fargo. However, the firm thinks that a number of companies in the sector could benefit by acquiring some of Corinthinan's assets. It names Lincoln Educational (LNC), Universal Technical Institute (UTI), DeVry (DV), and Career Education (CECO) as the most likely companies to benefit from Corinthian's dissolution. Other publicly traded companies in the space include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).
News For COCO;DV;CECO;ESI;APOL;BPI;LOPE;APEI;STRA From The Last 14 Days
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November 20, 2014
09:06 EDTCOCOCorinthian Colleges to sell 56 Everest ,WyoTech Campuses
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November 19, 2014
07:48 EDTCOCOCorinthian Colleges not in compliance with Nasdaq listing requirements
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November 12, 2014
17:06 EDTCOCOCorinthian Colleges delays filing 10-Q
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12:41 EDTLOPE, ESI, DV, STRA, COCO, CECO, APEI, BPI, APOLFor-profit education stocks look appealing, analyst says
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08:19 EDTDV, LOPE, APEI, APOLJPMorgan to hold a conference
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07:22 EDTSTRA, LOPE, CECO, ESI, APOL, DV, BPI, APEIPiper says time to increase exposure to Education sector
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November 11, 2014
15:01 EDTDVDeVry announces death of board chair Connie Curran
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07:29 EDTLOPEGrand Canyon has many potential buyers, says Wells Fargo
Wells Fargo believes that weak Christian schools looking for momentum could buy Grand Canyon, while strong Christian schools could buy the company as a means of expanding to the West Coast. Struggling NFP student loan guarantee agencies could also look to buy the company, according to Wells, which keeps an Outperform rating on the shares.

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