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Benzinga's Top Downgrades
Monday, November 19, 2012 - 7:24am | 136Read More...Analysts at Jefferies downgraded Diamond Foods (NASDAQ: DMND) from “hold” to “underperform.” Diamond Foods' shares closed at $15.13 on Friday. Diamond Foods' trailing-twelve-month ROE is -12.38%. Analysts at Wells Fargo downgraded K12 (NYSE: LRN) from “outperform” to “market perform.” K12's shares...
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Earnings Scheduled For November 5, 2012
Monday, November 5, 2012 - 1:46am | 617Read More...McDermott International (NYSE: MDR) is projected to post its Q3 EPS at $0.24 on revenue of $984.82 million. Sysco (NYSE: SYY) is expected to report its Q1 earnings at $0.50 per share on revenue of $11.14 billion. IntercontinentalExchange (NYSE: ICE) is projected to post its Q3 earnings at $1.72...
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K12 Reaffirms First Call FY 2013 Consensus Estimates; Revenue of $840M to $870M
Wednesday, October 17, 2012 - 5:47am | 80Read More...K12 (NYSE: LRN) today announced guidance for the full fiscal year ending June 30, 2013 (“FY 2013”). The Company is also separately providing supplemental historical revenue and enrollment data. Fiscal Year 2013 Outlook and Q1 Enrollment Data The Company is...
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Benzinga's Top Pre-Market Gainers
Thursday, September 13, 2012 - 7:12am | 125Read More...K12 (NYSE: LRN) soared 13.66% to $24.30 in the pre-market trading. K12 reported a better-than-expected fourth-quarter profit. Vical (NASDAQ: VICL) surged 9.28% to $4.12 in the pre-market session. Vical announced today a worldwide, nonexclusive license to Bristol-Myers Squibb Company (NYSE: BMY...
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US Stock Futures Down As Investors Await Fed Decision
Thursday, September 13, 2012 - 5:24am | 281Read More...US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dropped 25 points to 13,336.00 and S&P 500 index futures fell 3 points to 1,436.50. Nasdaq 100 futures declined 9.75 points to 2,786.50. US stocks closed higher on Wednesday, with the Dow Jones Industrial...
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Stocks To Watch For September 13, 2012
Thursday, September 13, 2012 - 3:26am | 163Read More...Some of the stocks that may grab investor focus today are: Wall Street expects Pier 1 Imports (NYSE: PIR) to report its Q2 earnings at $0.19 per share on revenue of $368 million. Pier 1 shares gained 1.28% to $19.80 in after-hours trading. Apple (NASDAQ: AAPL) introduced iPhone 5 at an event in...
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K12 Inc. Responds to Seminole County, FL Allegations
Tuesday, September 11, 2012 - 3:01pm | 124Read More...K12 Inc. (NYSE: LRN). In response to a number of articles recently issued regarding allegations of teacher certification issues in Seminole County, Florida, K12 hereby issues the following statement. In May 2012, when K12 first became aware that Seminole County submitted...
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K12 Denies Hiring Uncertified Teachers
Tuesday, September 11, 2012 - 2:24pm | 87Read More...K12 (NYSE: LRN) denies allegations by the Seminole County, Florida school district that the school made an effort to avoid the state's teacher certification requirements. The website StateImpact published documents on Tuesday relating to the investigation. K12's own internal review showed no...
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Benzinga's Top Downgrades
Wednesday, August 29, 2012 - 6:20am | 128Read More...Citigroup downgraded Movado Group (NYSE: MOV) from “buy” to “neutral.” Movado's shares closed at $35.36 yesterday. Movado's trailing-twelve-month ROE is 10.13%. Analysts at Oppenheimer downgraded Lincoln Educational Services (NASDAQ: LINC) from “outperform” to “perform.” Lincoln Educational...
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From Earlier: Nathaniel A. Davis Appointed as Chairman of K12 . Board of Directors
Friday, June 29, 2012 - 6:45am | 64Read More...K12 Inc. (NYSE: LRN) yesterday announced that on June 28, 2012, the Board of Directors of K12 Inc. appointed Nathaniel A. Davis as Chairman of the Board. Mr. Davis has been an independent member of the Board since 2009, is a member of the Audit Committee, and has served as Chairman of the...
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UPDATE: Bank of America Merrill Lynch Maintains Buy Rating, Lowers PT for K12
Wednesday, May 9, 2012 - 11:07am | 114Read More...In a report issued earlier today, Bank of America Merrill Lynch maintained its Buy rating for K12 Inc. (NYSE: LRN) but lowered its price target from $30.00 to $27.00. BofA Merrill Lynch went on to say “K12 has shown impressive growth to date as a leader in the emerging online public K-12 market....
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How we reshuffled our model to focus on the winners
Thursday, April 12, 2012 - 7:19pm | 827Read More...Author: Riddhi Ruparelia Covestor model: Long-Term Growth Disclosure: Long SODA. Though our Long Term Growth portfolio returned more than 15% in 2012 so far, we found that with more than 28 stocks in our portfolio at the end of 2011, we were spread too thin. So our focus in first quarter...
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Barrington Research Reiterates K12 Outperform, $35 PT
Tuesday, March 20, 2012 - 3:28pm | 100Read More...Barrington Research reiterated its K12 (NYSE: LRN) Outperform rating and $35 price target in a research report published today. In the report, Barrington Research stated, "Its large addressable market (domestic and international) with top-line growth potential, its high quality curriculum (with...
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UPDATE: Wunderlich Securities Reduces Target to $8 on Lincoln Educational Services Corporation
Friday, March 9, 2012 - 6:34am | 126Read More...Wunderlich Securities lowers its price target $3 to $8 on Hold-rated Lincoln Educational Services Corporation (NASDAQ: LINC) in response to reduced EPS expectations. Wunderlich Securities notes, "We believe the basic business case for Lincoln's programs remains sound and we generally like where...
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Oppenheimer: Lincoln Educational Services 2012 Outlook Slightly Light
Thursday, March 8, 2012 - 8:54am | 158Read More...According to a research report published today by Oppenheimer, Lincoln Educational Services' (NASDAQ: LINC) stock was soft yesterday following reported 4Q11 EPS of $0.28. In the report, Oppenheimer commented, “Revenue was broadly in-line with expectations/guidance, while 10.5% operating margin...
