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Stock Market & Financial Investment News

News Breaks
May 6, 2014
06:56 EDTAPOL, BPI, LOPE, COCO, ESI, STRA, CECO, DV, APEI, FMD, NNI, SLMSenate to vote on student loan refinance bill, Politico says
Senate Democrats are preparing to hold a vote on legislation that will allow individuals who have student loans with high interest rates to refinance them at much lower rates, according to Politico. The legislation is expected to be introduced later this week and voted on "toward the beginning of June," the website stated. Companies that provide student loans include SLM Corp (SLM), Nelnet (NNI), and The First Marblehead (FMD). Publicly traded for-profit education companies include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon Education (LOPE), ITT Educational (ESI) and Strayer (STRA). Reference Link
News For SLM;NNI;FMD;APEI;DV;CECO;STRA;ESI;COCO;LOPE;BPI;APOL From The Last 14 Days
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October 23, 2014
12:13 EDTSLMSallie Mae management to meet with Compass Point
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October 22, 2014
16:33 EDTSLMSallie Mae sees FY14 core EPS 42c-43c, consensus 45c
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16:32 EDTSLMSallie Mae reports Q3 core EPS 17c, consensus 17c
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15:30 EDTSLMNotable companies reporting after market close
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October 21, 2014
17:22 EDTESIBlum capital lowers stake in ITT Educational to 7.9%
07:34 EDTAPOLApollo Education sees 1Q15 revenue $720M-$730M, consensus $763.70M
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07:33 EDTAPOLApollo Education sees FY15 revenue $2.8B-$2.85B, consensus $2.80B
07:32 EDTAPOLApollo reports Q4 University of Phoenix New Degreed Enrollment down 5.9%
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07:31 EDTAPOLApollo Education reports Q4 EPS from cont. ops. ex-items 34c, consensus 27c
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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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10:16 EDTCECOHigh option volume stocks
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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 16, 2014
17:30 EDTCOCOCorinthian Colleges enters into Forbearance and Consent Agreement
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October 15, 2014
07:07 EDTLOPE, APEI, COCO, STRA, APOL, BPI, CECO, ESI, DVFor 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).
06:19 EDTLOPEGrand Canyon upgraded to Outperform from Neutral at RW Baird
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October 14, 2014
17:23 EDTESIBarnstar Opportunities reports 5.4% passive stake in ITT Educational
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15:29 EDTSLMNotable companies reporting after market close
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