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Stock Market & Financial Investment News

News Breaks
February 5, 2014
08:22 EDTDVDeVry price target raised to $38 from $33 at BMO Capital
BMO Capital increased its price target on DeVry after the company reported stronger than expected Q2 results. The firm raised its estimates, but it thinks the company's flagship DeVry University business is struggling, and keeps a Market Perform rating on the stock.
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August 25, 2014
07:23 EDTDVGovernment not looking to push other colleges out of business, says Wells Fargo
In the wake of Corinthian Colleges' (COCO) dissolution due to actions taken by the Department of Education, Wells Fargo thinks the government did not intend for this scenario to unfold. After speaking with unnamed "knowledgeable sources" about the issue, the firm does not expect the department to take similar actions in the future because doing so would create too much of a workload for the department, Wells believes. 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).
August 15, 2014
10:02 EDTDVDeVry management to meet with Barrington
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