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Stock Market & Financial Investment News

News Breaks
July 2, 2014
07:36 EDTAPOL, DV, LOPE, ESI, COCO, STRA, BPI, CECO, APEIImplications 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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April 17, 2015
18:14 EDTDVDeVry receives requests for documents from U.S. Attorney Office
On April 10, DeVry Education Group received from the Office of the United States Attorney for the Northern District of Ohio compulsory requests for documents and information from 2007 through April 1, 2015. The requests address allegations under the False Claims Act that DeVry University offered an associate degree program in Health Information Technology without providing necessary information to applicants regarding requirements for obtaining a degree and a job in the health information technology field upon graduation. DeVry Group intends to cooperate with a view toward demonstrating the compliant nature of its practices. The timing or outcome of this matter, or its possible impact on DeVry Groupís business, financial condition or results of operations, cannot be predicted at this time.
April 15, 2015
05:55 EDTCOCOCorinthian Colleges fined $30M for 'misrepresentation' by U.S. DOE
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April 8, 2015
08:07 EDTAPOLCarnegie Learning mathematics curricula approved by state of Florida
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April 7, 2015
10:36 EDTAPOLApollo Education calls active on renewed takeover speculation
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10:24 EDTAPOLRumor: Apollo Education active on renewed takeover speculation
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April 6, 2015
15:02 EDTDVDeVry announces new credit agreement with up to $550M potential capacity
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April 5, 2015
13:39 EDTCOCOCorinthian Colleges enters into Forbearance Agreement
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