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Stock Market & Financial Investment News

News Breaks
August 4, 2014
07:23 EDTDVDeVry Q4 EPS likely to beat expectations, says Wells Fargo
Wells Fargo expects DeVry to report higher than expected Q4 EPS, although it predicts that the company's revenue will be in-line with the cosnensus estimate. The firm says that the company's Google search trends are positive, and it has confidence in DeVry's new program-oriented management structure. Wells keeps an Outperform rating on the shares.
News For DV From The Last 14 Days
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December 19, 2014
06:53 EDTDVWhitie House unveils college ratings blueprint, Reuters says
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December 18, 2014
08:01 EDTDVDeVry to acquire Faculdade Ideal , terms not disclosed
DeVry Education Group announced that DeVry Brasil has entered into an agreement to acquire Faculdade Ideal. Located in Belém, Pará in northern Brazil, Faci currently serves approximately 2,500 students and offers undergraduate programs in high-demand career fields such as law, education, accounting, technology and engineering. The transaction is expected to be completed in the third quarter of fiscal 2015. -
December 16, 2014
14:19 EDTDVDeVry Brasil to acquire Damásio Educacional
DeVry Education Group announced that DeVry Brasil has signed a definitive agreement to acquire Damásio Educacional. Completion of the transaction is expected to occur February 2015, subject to all regulatory approvals. Damásio is a leader in bar exam test preparation and a high quality provider of undergraduate and graduate law programs. Damásio is expected to generate approximately $50 million in revenue in calendar year 2014. DeVry Group expects Damásio to be modestly accretive to earnings per share in fiscal 2015 and increasing thereafter.

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