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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.
News For DV From The Last 14 Days
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October 23, 2014
16:19 EDTDVDeVry reports Q1 EPS ex-items 47c, consensus 29c
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15:30 EDTDVNotable companies reporting after market close
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October 15, 2014
07:07 EDTDVFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. 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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