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Stock Market & Financial Investment News

News Breaks
May 8, 2013
13:59 EDTLOPE, APOL, LINC, EDMC, COCO, NAUH, ESI, CECO, APEI, BPI, DV, STRAFor-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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August 25, 2015
09:38 EDTCECOCareer Education discloses receipt of request for information from FTC
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08:16 EDTESICalifornia drops attempt to suspend ITT Tech
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August 21, 2015
10:01 EDTDVDeVry upgraded to Buy from Hold at Standpoint Research
August 18, 2015
18:32 EDTDVOn The Fly: After Hours Movers
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17:17 EDTDVDeVry to move 14 campuses to online-only model
DeVry says demand for nursing program is growing. Says moving 14 locations to an online-only model to free up resources. Says experiencing uptick in brand awareness following recent advertising campaign. DeVry executives are speaking on the company's Q4 earnings conference call.
16:43 EDTDVDeVry says on track to deliver $125M in cost savings in FY16
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16:29 EDTDVDeVry sees FY16 EPS flat to slightly up YoY, consensus $2.48
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16:27 EDTDVDeVry sees Q1 revenue down about 5% YoY, consensus $455.94M
Q1 operating costs are expected to be down 2-3% versus the prior year quarter.
16:25 EDTDVDeVry reports Q4 EPS 57c, consensus 61c
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14:51 EDTDVNotable companies reporting after market close
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August 17, 2015
07:11 EDTDVDeVry August volatility elevated into Q4 and outlook
DeVry August call option implied volatility is at 113, September is at 55; compared to its 52-week range of 21 to 57 suggesting large price movement into the expected release of Q4 results on Aug 18.

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