Education Services

Barrington Research reiterates its Outperform rating on Lincoln Educational Services (NASDAQ: LINC) and has a $13 price target on the company in a research report out today. In the report, Barrington Research writes, "While fiscal 2011 was a transition year for LINC, we expect a return to slower,...

Ciena Corp (NASDAQ: CIEN) reported a narrower first-quarter loss. Ciena posted a quarterly loss of $47.7 million, or $0.49 per share, versus a year-ago loss of $79.1 million, or $0.84 per share. Its adjusted loss came in at $0.17 per share. Its revenue dropped to $416.7 million, from $433.3 million...

Lincoln Educational Services Corp (NASDAQ: LINC) reported a decline in its fourth-quarter net income. Lincoln projects to post a Q1 loss of $0.18 to $0.22 per share on revenue of $102 million to $105 million. Analysts were projecting a profit of $0.09 per share on revenue of $107.3 million....

The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday February 22, 2012: Juniper Networks Announces Acquisition of Mykonos Software The Deal: Juniper Networks (NYSE: JNPR), the industry leader in network innovation, announced Wednesday it has acquired...

Author: Riddhi Ruparelia Covestor model: Long-Term Growth With 2012 now well underway, we started seeing the benefits of our strategy in the Long Term Growth Fund, with roughly 25% growth year-to-date as of February 3rd. Through market gyrations of last six months, we continued to refine our...

Harman International Industries Inc (NYSE: HAR) is expected to post its Q2 earnings at $0.78 per share on revenue of $1.08 billion. Gartner Inc (NYSE: IT) is estimated to post its Q4 EPS at $0.47 on revenue of $427.61 million. The Coca-Cola Company (NYSE: KO) is projected to report its Q4...

Barrington Research reiterates its Outperform rating and $30 target price on K12 Inc (NYSE: LRN) on improved confidence regarding the company's long term outlook following a share pullback on the heels of a negative NYT article. Barrington Research says, "Since the publication of the NYT article...

Shares of K12 (NYSE: LRN) are higher on the session by 0.06%, currently trading at $17.66. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. The strike seeing the heaviest action...

This is your Benzinga news summary and traders' summary for Tuesday, December 13, 2011, covering headlines from Tuesday's trading session. Today at market close, the Dow Jones Index traded down about 66.45 points or 0.55%, the S&P 500 traded 0.87% lower, the Nasdaq Composite Index traded down...

Seaspan Corp (NYSE: SSW) +16.2% after announcing that it will buy out Seaspan Management Services in an all-stock transaction Cabot Microelectronics Corp (NASDAQ: CCMP) +15% after ramping up its stock repurchase program and issuing a special dividend of $15 per share GeoEye (NASDAQ: GEOY) +10.5%...

Barrington Research has initiated coverage on K12 (NYSE: LRN) with an Outperform rating and $35 price target.

A report from Wunderlich Securities reiterates its Buy rating and $35 price target on K12 (NYSE: LRN). The report states, “Though the continued level of growth investment being made by the company frustrated shareholders this week, we are persuaded that the spending is worthwhile. The seemingly...

Wal-Mart Stores Inc (NYSE: WMT) reported a 2.9% drop in its fiscal third-quarter net income. Wal-Mart's quarterly earnings dropped to $3.34 billion, or $0.96 per share, from $3.44 billion, or $0.95 per share, in the year-ago quarter. Its earnings from continuing operations came in at $0.97 per...

K12 Inc (NYSE: LRN) reported a rise in its first-quarter profit and projects strong FY12 revenue. K12 expects FY12 revenue of over $680 million, versus analysts' estimates of $671.3 million. K12's quarterly net income surged to $4.6 million, or $0.12 per share, from $2.2 million, or $0.07 per...

Wunderlich Securities maintained its K12 (NYSE: LRN) Buy rating in a research report published today. Wunderlich Securities has a $35 price target on K12. In the report, Wunderlich Securities states, "Consumer and political acceptance of elementary and secondary on-line education continues to grow...