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Nobel Learning Communities Announces Extension of Tender Offer for Outstanding Options
Tuesday, August 2, 2011 - 3:14pm | 127Nobel Learning Communities, Inc. (NASDAQ: NLCI) today announced that it is notifying holders of options to purchase shares of the Company's common stock that the deadline for holders to tender their Options has been extended from 5:00 p.m., New York City time, on August 2, 2011, to 12:00 p.m., New...
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Apollo Group to Acquire Carnegie Learning for $75M
Tuesday, August 2, 2011 - 3:06pm | 71Apollo Group, Inc. (Nasdaq: APOL) today announced that it has entered into an agreement to acquire 100% of the stock of Carnegie Learning, Inc., a publisher of research-based math curricula including the adaptive Cognitive Tutor® math software, for $75.0 million. In a separate transaction, Apollo...
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Goldman Sachs Adds Apollo Group To Conviction Buy
Monday, August 1, 2011 - 8:13am | 133Goldman Sachs is out with a research report on Apollo Group, Inc. (NASDAQ: APOL), and it is adding the name to Conviction Buy and it has a $82 price target on shares. In a note to clients, Goldman Sachs writes, "We are adding Buy-rated Apollo Group to the Americas Conviction list with 22% upside...
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Goldman Sachs Adds Apollo to Conviction List
Monday, August 1, 2011 - 5:33am | 50Goldman Sachs added Apollo (NASDAQ: APOL) to its Conviction list. At the moment, the rating agency has a Buy rating with a price target of $62 placed on the company's stock. On Friday, APOL lost 0.02% of its value to finish the day at $50.83.
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Goldman Sachs Adds Apollo Group To Conviction Buy List, $62 PT
Monday, August 1, 2011 - 4:36am | 27Goldman Sachs has added Buy rated Apollo Group (NASDAQ: APOL) to its Conviction-Buy List and maintains its $62 price target.
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Oppenheimer Comments On Strayer Education
Friday, July 29, 2011 - 8:38am | 50According to Oppenheimer, Strayer Education (NASDAQ: STRA), EPS estimates have been revised. Oppenheimer announced a decrease in EPS estimates from $8.76 to $8.25 for FY11 and from $8.38 to $8.25 for FY12. PT is not available and rating is set to Perform. Strayer closed yesterday at $122.25.
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Morgan Stanley Overweight On Citrix Systems
Thursday, July 28, 2011 - 7:23am | 163Morgan Stanley is out with a research report on Citrix Systems Inc (NASDAQ: CTXS) after it reported earnings. It has an Overweight rating and a $88 price target on shares. In a note to clients, Morgan Stanley writes, "With CTXS down 10% in the last day, and 24% since early June, we are buyers of...
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Benzinga's Top Pre-Market Losers
Thursday, July 28, 2011 - 6:55am | 96Akamai Technologies Inc (NASDAQ: AKAM) dipped 15.71% to $24.85 in the pre-market session. AKAM reported downbeat Q2 earnings. Teradyne Inc (NYSE: TER) lost 9.16% to $12.50 in the pre-market session. TER issued weaker-than-expected Q3 projections. Murphy Oil Corporation (NYSE: MUR) moved down 7.35...
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Piper Jaffray Reiterates Neutral on Capella Education, Slashes PT to $44
Wednesday, July 27, 2011 - 8:12am | 43Piper Jaffray reiterated its Neutral rating on Capella Education (NASDAQ: CPLA). At the same time, the rating agency reduced its price target on the company's stock from $47 to $44. On Tuesday, CPLA closed the day at $46.76.
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Piper Jaffray Lowers PT On Capella Education To $44
Wednesday, July 27, 2011 - 6:41am | 27Piper Jaffray has lowered the price target on Capella Education (NASDAQ: CPLA) from $47 to $44 and maintains its Neutral rating.
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 3:37am | 2249Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...
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Top 4 Small-Cap Stocks In The Education & Training Services Industry With The Highest Profit Margin
Wednesday, July 27, 2011 - 3:11am | 129Below are the top small-cap education & training services stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at China Education Alliance Inc (NYSE: CEU) is 24.86%. CEU's ROE for the same period is 12.75%. The trailing-twelve-month profit...
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Earnings Scheduled For July 26
Tuesday, July 26, 2011 - 3:47am | 507Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...
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The High Price of the President's Council of Economic Advisors' Failure to Read Akerlof & Romer
Monday, July 25, 2011 - 1:11am | 3761By reviewing the annual reports (2005-2007) of President Bush's Council of Economic Advisors (CEA) I learned that the Council had some interest in fraud, but no understanding of elite fraud and its implications for the economy. The reports make sad reading. They deny the developing crisis...
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Goldman Sachs Comments On ITT 2Q
Friday, July 22, 2011 - 7:30am | 100According to Goldman Sachs, ITT Educational Services (NYSE: ESI) reported 2Q results ahead of expectations but the real news in the release was the new enrollment decline of 20%, which was much worse than expected. Goldman Sachs said that 2Q EPS of $2.85 was ahead of GS/consensus ($2.79/$2.64)...