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Stock Market & Financial Investment News

News Breaks
May 8, 2013
13:59 EDTAPEI, BPI, DV, STRA, LOPE, APOL, LINC, EDMC, COCO, NAUH, ESI, CECOFor-profit education stocks rally after Grand Canyon results
A number of for-profit educations stocks are advancing after one of the companies in the sector, Grand Canyon Education (LOPE), reported stronger than expected first quarter results. Grand Canyon's fiscal 2013 guidance also surpassed expectations. WHAT'S NEW: Grand Canyon reported higher than expected first quarter earnings per share, excluding a one-time settlement. The company's revenue was also higher than expected, and Grand Canyon's enrollment rose 15.7% at the end of the quarter, compared with the same period in 2012. Moreover, Grand Canyon's fiscal 2013 revenue and EPS guidance surpassed analysts' consensus estimates. TODAY'S PRICE ACTION: In mid-afternoon trading, Apollo Group (APOL) jumped 45 to $18.16, ITT Educational (ESI) surged 7% to $19.20, Strayer (STRA) advanced 2% to $46.50, DeVry (DV) added 2.3% to $28.35, and Grand Canyon (LOPE) surged 14% to $29.50.
News For EDMC;STRA;CECO;LINC;DV;ESI;APOL;BPI;NAUH;LOPE;APEI;COCO From The Last 14 Days
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April 17, 2015
18:14 EDTDVDeVry receives requests for documents from U.S. Attorney Office
On April 10, DeVry Education Group received from the Office of the United States Attorney for the Northern District of Ohio compulsory requests for documents and information from 2007 through April 1, 2015. The requests address allegations under the False Claims Act that DeVry University offered an associate degree program in Health Information Technology without providing necessary information to applicants regarding requirements for obtaining a degree and a job in the health information technology field upon graduation. DeVry Group intends to cooperate with a view toward demonstrating the compliant nature of its practices. The timing or outcome of this matter, or its possible impact on DeVry Groupís business, financial condition or results of operations, cannot be predicted at this time.
April 15, 2015
05:55 EDTCOCOCorinthian Colleges fined $30M for 'misrepresentation' by U.S. DOE
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April 8, 2015
08:07 EDTAPOLCarnegie Learning mathematics curricula approved by state of Florida
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April 7, 2015
10:36 EDTAPOLApollo Education calls active on renewed takeover speculation
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10:24 EDTAPOLRumor: Apollo Education active on renewed takeover speculation
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April 6, 2015
15:02 EDTDVDeVry announces new credit agreement with up to $550M potential capacity
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April 5, 2015
13:39 EDTCOCOCorinthian Colleges enters into Forbearance Agreement
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