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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:32 EDTDVDeVry gaps up sharply following earnings, levels to watch
The stock is up over 19.5% at time of writing, at $31.26, which is off the peak of the session at $32.19. That peak price remains resistance. Support is at $30.25, the low of the session. Coming into earnings last night, the short base was at over 6.6 days to cover. That may be fueling a short-squeeze in the wake of results that appear to be much stronger than expected.
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July 18, 2014
08:33 EDTDVDeVry discloses receipt of letter from NY AG regarding ads, marketing
DeVry disclosed in a regulatory filing that on July 15 DeVry Group received a letter from the Office of the Attorney General of the State of New York requesting cooperation with the NYOAG’s inquiry into whether recent television advertisements and website marketing regarding DeVry University may have violated federal and state laws prohibiting false advertising and deceptive practices. The letter requests relevant information from January 1, 2011, to the present to enable NYOAG to make a determination of what action, if any, is warranted. "DeVry Group intends to provide the Office of the Attorney General with its full cooperation with a view toward demonstrating the compliant nature of its practices. The timing or outcome of this matter, or its possible impact on DeVry Group’s business, financial condition or results of operations, cannot be predicted at this time," the company stated.
July 15, 2014
09:59 EDTDVApollo Education discloses new Department of Education review
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