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Stock Market & Financial Investment News

News Breaks
February 22, 2013
18:44 EDTESIITT Educational discloses SEC subpoena over agreements, accounting
ITT Educational disclosed in regulatory filing that on February 8, it received a subpoena from the SEC. The SECís subpoena requests the production of documents and communications that relate to ITT's actions and accounting associated with agreements entered into with an unaffiliated entity on February 20, 2009, to create a program that made private education loans available to students to help pay cost of education that student financial aid from federal, state and other sources did not and agreements the company entered into with unrelated parties on January 20, 2010 to create a program, called the PEAKS Private Student Loan Program, that made private education loans. ITT said it is cooperating with the SEC in its investigation.
News For ESI From The Last 14 Days
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October 21, 2014
17:22 EDTESIBlum capital lowers stake in ITT Educational to 7.9%
October 17, 2014
12:23 EDTESIITT leaps after upping scholarships, projecting FY15 positive cash flow
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11:34 EDTESIITT expects interest expense reduction in FY15 vs. FY14
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11:28 EDTESIITT Educational says Q3 enrollment impacted by 11% admissions decline
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07:34 EDTESIITT Educational reports preliminary Q2 new student enrollments down 8.1%
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07:34 EDTESIITT Educational reports preliminary Q3 new student enrollments down 9.5%
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October 15, 2014
07:07 EDTESIFor profit education positive catalysts outweigh negative, says Wells Fargo
Wells Fargo expects for-profit education stocks to benefit from improved hiring trends and a sale by Corinthian of its assets that, according t othe firm ,would set a valuation floor for the sector. The firm continues to believe that the final gainful employment rule will be neutral to positive for the group. Wells favors the option value on the long side for the sector. 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).
October 14, 2014
17:23 EDTESIBarnstar Opportunities reports 5.4% passive stake in ITT Educational
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