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Earnings Roundup
Tuesday, August 23, 2011 - 8:03am | 1170H.J. Heinz Co (NYSE: HNZ) reported a decline in its fiscal first-quarter profit. Heinz's quarterly profit dropped to $226.1 million, or $0.70 per share, from $240.4 million, or $0.76 per share, in the year-earlier period. Its sales climbed to $2.85 billion from $2.48 billion. Excluding special...
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UPDATE: Corinthian Colleges Reports Strong Decline In FQ4 Earnings, Issues Weak Q1 Forecast
Tuesday, August 23, 2011 - 7:41am | 117Corinthian Colleges Inc (NASDAQ: COCO) reported a strong drop in its fiscal fourth-quarter earnings. Corinthian Colleges reported its quarterly profit at $3.4 million, or $0.05 per share, down from $33.9 million, or $0.38 per share, in the year-ago period. Excluding impairment, facility closing...
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Earnings Scheduled For August 23
Tuesday, August 23, 2011 - 2:23am | 481Williams-Sonoma Inc (NYSE: WSM) is expected to report its Q2 EPS at $0.36 on revenue of $823.97 million. American Woodmark Corporation (NASDAQ: AMWD) is estimated to post a Q1 loss at $0.17 per share on revenue of $116.18 million. La-Z-Boy Incorporated (NYSE: LZB) is projected to report its FQ1...
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Becker Professional Education Announces Agreement with GE to Provide CPA Exam Review to Employees in China
Monday, August 22, 2011 - 10:31am | 82Becker Professional Education, a global leader in professional education and a part of DeVry Inc. (NYSE: DV), today announced that it has entered into an agreement with GE China to provide, through its licensee in the People's Republic of China, its complete, four part CPA Exam Review course to GE...
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PAA Research Reviews Corinthian Colleges
Monday, August 22, 2011 - 8:44am | 113PAA Research has published a research report on Corinthian Colleges (NASDAQ: COCO). In the report, PAA Research wrote, "We are 24-hours away from what might be the single most important earnings release and conference call in the history of Corinthian Colleges, Inc. The (-50.7%) decline in COCO...
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Oppenheimer Lowers PT on New Oriental Education & Technology Group to $39
Monday, August 22, 2011 - 7:35am | 73Oppenheimer is out with its report today on New Oriental Education & Technology (NYSE: EDU), lowering its PT to $39 from $156. In its report, Oppenheimer writes, "We are adjusting our PT & EPS estimates to reflect EDU's 4-for-1 ADS/ordinary share ratio change, effective August 18, 2011....
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Wunderlich Securities Initiates DV At Hold
Friday, August 19, 2011 - 7:53am | 159Wunderlich Securities is initiating coverage on DeVry (NYSE: DV) with a Hold rating and a $52 price target. Says Wunderlich, in the report, “We are initiating coverage of DeVry Inc. (DV) with a Hold rating and a $52 price target. If DeVry can meet its guidance and end FY12 within a few pennies of...
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Wunderlich Initiates Strayer Education At Hold, $110 PT
Friday, August 19, 2011 - 6:57am | 25Wunderlich Securities has initiated coverage on Strayer Education (NASDAQ: STRA) with a Hold rating and $110 price target.
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Wunderlich Initiates Career Education At Buy, $23 PT
Friday, August 19, 2011 - 6:56am | 26Wunderlich Securities has initiated coverage on Career Education Corporation (NASDAQ: CECO) with a Buy rating and $23 price target.
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Wunderlich Initiates DeVry At Hold, $52 PT
Friday, August 19, 2011 - 6:55am | 24Wunderlich Securities has initiated coverage on DeVry (NYSE: DV) with a Hold rating and $52 price target.
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UPDATE: Piper Jaffray Lowering Price Target On Corinthian Colleges
Thursday, August 18, 2011 - 7:10am | 105Piper Jaffray is out with a research report on Corinthian Colleges (NASDAQ: COCO) and is lowering its price target to $3.50 from $3.90, and is keeping its Underweight rating on shares. In a note to clients, Piper Jaffray writes, "With the completion of the 2nd calendar quarter earnings reporting...
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Piper Jaffray Overweight On Strayer Education
Thursday, August 18, 2011 - 7:08am | 103Piper Jaffray is out with a research report on Strayer Education, Inc. (NASDAQ: STRA) and it has a Neutral rating and is lowering its price target to $99 from $114. In a note to clients, Piper Jaffray writes, "With the completion of the 2nd calendar quarter earnings reporting period, we have...
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UPDATE: Piper Jaffray Raising Price Target On Apollo Group
Thursday, August 18, 2011 - 7:02am | 106Piper Jaffray is out with a research report on Apollo Group, Inc. (NASDAQ: APOL) and is raising its price target to $49 from $42, but is keeping its Neutral rating on shares. In a note to clients, Piper Jaffray writes, "With the completion of the 2nd calendar quarter earnings reporting period, we...
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Piper Jaffray Raises PT On Apollo Group To $49
Thursday, August 18, 2011 - 5:11am | 27Piper Jaffray has raised the price target on Apollo Group (NASDAQ: APOL) from $42 to $49 and maintains its Neutral rating.
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Piper Jaffray Lowers PT On Strayer Education To $99
Thursday, August 18, 2011 - 5:10am | 27Piper Jaffray has lowered the price target on Strayer Education (NASDAQ: STRA) from $114 to $99 and maintains its Neutral rating.