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Stock Market & Financial Investment News

News Breaks
March 6, 2013
09:17 EDTDVDeVry volatility low into Reaffirmation of Accreditation
DeVry overall option implied volatility of 39 is below its 26-week average of 48 according to Track Data, suggesting larger price movement into the company receiving Reaffirmation of Accreditation by IAC.
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August 1, 2014
07:30 EDTDVDeVry upgraded at Stifel
As previously reported, Stifel upgraded DeVry to Buy from Hold. The firm believes earnings will turn positive in 2014 and that the mix shift towards Medical and International Business will lead to growth and substantial earnings power. Price target is $48.
06:38 EDTDVDeVry upgraded to Buy from Hold at Stifel
Price target is $48.
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.

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