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Stock Market & Financial Investment News

News Breaks
November 27, 2012
14:53 EDTLOPEGrand Canyon sports teams to join Division I, says Credit Suisse
Credit Suisse, citing an SEC filing, reports that all of Grand Canyon's sports teams will transition to Division I from Division II, starting next year. The firm views this news as a significant positive for the company, as it believes that the change will boost the company's enrollment. However, the firm maintains a Neutral rating on the shares.
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August 25, 2014
07:23 EDTLOPEGovernment not looking to push other colleges out of business, says Wells Fargo
In the wake of Corinthian Colleges' (COCO) dissolution due to actions taken by the Department of Education, Wells Fargo thinks the government did not intend for this scenario to unfold. After speaking with unnamed "knowledgeable sources" about the issue, the firm does not expect the department to take similar actions in the future because doing so would create too much of a workload for the department, Wells believes. 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).

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