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Stock Market & Financial Investment News

News Breaks
May 24, 2013
10:22 EDTSTRA, COCO, BPI, CECO, ESI, APEI, NAUH, LINC, LOPE, DV, APOL, EDMCBoehner defends student loan bill, White House threatens veto, Politico says
GOP House Speaker John Boehner defended the student loan legislation that the House passed yesterday, according to Politico. The bill would tie student loan rates to Treasury note rates, and would cause an increase of less than two percentage points in student loan rates this year, the website stated. The White House has threatened to veto the bill, as it believes that the legislation would cause rates to jump when the economy improves, Politico stated. Student loan interest rates will double on July 1 if Congress doesn't take action.
News For EDMC;LINC;CECO;APOL;NAUH;BPI;DV;APEI;COCO;LOPE;ESI;STRA From The Last 14 Days
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March 6, 2015
07:28 EDTCECOCareer Education price target raised to $9-$11 from $7-$9 at Wells Fargo
Wells Fargo increased its price target on Career Education after the company reported weaker than expected results but estimated that its EBITDA, excluding certain items, would be positive in fiscal 2015., while the total enrollment of its university growth would increase modestly in fiscal 2015. Wells Fargo believes that the company's turnaround is continuing, while it could sell assets that burn cash and do not comply with gainful employment rules. The firm keeps an Outperform rating on the shares.
March 5, 2015
07:40 EDTLOPEITG Research holds a field trip
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March 3, 2015
16:12 EDTCECOCareer Education sees positive FY15 adjusted EBITDA
An update on the company’s expectations for performance and general business outlook for full year 2015 include: Modest growth in total student enrollments for the year within its University group, with online being the primary contributor; Positive adjusted EBITDA for full year 2015 from ongoing operations, which excludes the Transitional Group and campuses held for sale; Reduce operating expenses by an additional $40M based on actions that were taken in 2014; Continued progress on reductions of real estate obligations; End fiscal year 2015 with over $190M in total cash, cash equivalents, restricted cash and short-term investments.
16:10 EDTCECOCareer Education reports Q4 EPS (38c), consensus (30c)
Reports Q4 revenue $174.2M, consensus $232.51M. For the fourth quarter of 2014, total student enrollments for ongoing operations decreased 4.5% compared to the prior year quarter.
February 26, 2015
16:08 EDTAPEIAmerican Public Education reports Q4 EPS 68c, consensus 53c
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10:56 EDTAPOLOptions with increasing implied volatility
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February 24, 2015
10:45 EDTAPOLApollo Education calls active on renewed takeover chatter
Apollo Education March 28, 29 and April 30 calls are active on total call volume of 4,900 contracts (200 puts) on renewed takeover chatter. March call option implied volatility is at 28, April is at 37, May is at 35; compared to its 26-week average of 33 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:35 EDTAPOLRumor: Apollo Education moves up on renewed takeover chatter
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February 20, 2015
16:21 EDTCOCOCorinthian Colleges subsidiary files for Canadian bankruptcy protection
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