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Stock Market & Financial Investment News

News Breaks
June 17, 2014
16:25 EDTLOPEGrand Canyon Education took all corrective actions required by DOE
In its Current Report on Form 8-K filed April 16, Grand Canyon Education disclosed that the University had received official notification from the U.S. Department of Education, or DOE, of the DOE’s intent to conduct a program review of the University’s administration of the Title IV programs in which it participates, as well as its administration of the Clery Act and related regulations, and its compliance with the requirements of the Drug-Free Schools and Communities Act, in each case for the 2012-2013 and 2013-2014 award years. On June 13 following completion of the program review, the University received from the DOE an expedited final program review determination letter. The final program review determination letter set forth three findings, each of which involved individual student-specific information gathering and/or reporting errors and all of which the University promptly corrected to the DOE’s satisfaction. Accordingly, the final program review determination letter concluded that the University had taken all corrective actions necessary to resolve the findings and that the program review has been closed with no further action required.
News For LOPE From The Last 14 Days
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February 8, 2016
18:08 EDTLOPEEducation Department creates enforcement unit targeting education institutions
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February 3, 2016
10:00 EDTLOPEOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Capella Education (CPLA) initiated with an Outperform at Credit Suisse... DeVry (DV) initiated with an Outperform at Credit Suisse... Gilead (GILD) initiated with a Buy at Standpoint Research... Grand Canyon (LOPE) initiated with a Neutral at Credit Suisse... Hannon Armstrong (HASI) initiated with an Equal Weight at Morgan Stanley... Houghton Mifflin (HMHC) initiated with an Outperform at Credit Suisse... Mediaset (MDIUY) initiated with a Buy at Jefferies... Palo Alto (PANW) initiated with a Buy at Maxim... Splunk (SPLK) initiated with a Buy at Maxim... Strayer (STRA) initiated with a Neutral at Credit Suisse... Tableau (DATA) initiated with a Sell at Maxim... Tesla (TSLA) initiated with a Sell at Berenberg... WisdomTree (WETF) initiated with an Outperform at Northland... bluebird bio (BLUE) initiated with an Outperform at Leerink.
February 2, 2016
16:15 EDTLOPEGrand Canyon initiated with a Neutral at Credit Suisse
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January 27, 2016
12:07 EDTLOPEDeVry sinks 19% after FTC brings enforcement action
Peers Apollo Education (APOL), Strayer (STRA), Grand Canyon (LOPE) and Bridgepoint Education (BPI) are also moving lower.

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