Education Services

ChinaCast Education (Nasdaq: CAST) today announced that its Board of Directors has approved the repurchase by the Company of up to $50 million of its common shares over the next 12 months.

Oppenheimer & Co. has a Perform rating on shares of ChinaEdu Corp. (NASDAQ: CEDU). In a note to clients, Oppenheimer writes, "4Q EPS of $0.06 was below our $0.12 on lower than expected margins, even withthe help of a $0.9M tax credit ($0.05/share). Management's planning several growth...

Piper Jaffray has a Neutral rating on shares of Apollo Group, Inc. (NASDAQ: APOL) and a $45 price target. In a note to clients, Piper Jaffray writes, "APOL reports its F2Q results before the market open on Tues, 3/29, with a conference call at 8AM ET. We look for EPS of $0.62, a 25% y/y decline,...

We are encouraged by ChinaEdu (NASDAQ: CEDU) new business initiatives as they allow the company to diversify its revenue base from online degree services to other non-degree K-12 services businesses. Having said that, Deutsche Bank anticipates near-term operating margins to be compressed by higher...

Piper Jaffray has lowered the price target on ChinaEdu Corporation (NASDAQ: CEDU) From $9 to $7.50 and maintains its Neutral rating.

Guess? Inc (NYSE: GES) is projected to report its Q4 EPS at $1.06 on revenue of $725.90 million. China Nepstar Chain Drugstore Ltd (NYSE: NPD) is expected to report its Q4 EPS at $0.03 on revenue of $94.37 million. CLARCOR Inc (NYSE: CLC) is projected to report its Q1 earnings at $0.42 per share...

ChinaEdu Corporation (Nasdaq: CEDU) today announced its unaudited financial results for the fourth quarter and year ended December 31, 2010. Fourth quarter 2010 total net revenue grew 5.7% year-over-year to $15.3 million, in line with Company guidance. Adjusted net income attributable to...

Corinthian Colleges, Inc. (NASDAQ: COCO), parent company of WyoTech, has signed an agreement with Skip Barber Racing School to offer conditional employment to WyoTech graduates in Skip Barber's nationwide program. Under the terms of the agreement, WyoTech will incorporate requirements into the...

Piper Jaffray has published a report detailing the current state of Corinthian Colleges (NASDAQ: COCO) default rates and enrollment status. In the report Piper Jaffray writes, "…efforts to manage default rates lower appear to be working, with the company expressing confidence that its CDR will...

There is a Senate hearing today specifically for Bridgepoint Education, Inc. (NYSE: BPI), which could negatively affect the other for profit education stocks. The Senate Health, Education, Labor and Pensions (HELP) Committee will hold a hearing today focusing solely on Bridgepoint Education, which...

Universal Technical Institute, Inc. (NYSE: UTI) today announced that Eugene S. Putnam, Jr., Executive Vice President and Chief Financial Officer (CFO), has been promoted to the role of President and Chief Financial Officer.

CIBT Education Group Inc. (NYSE: MBA) announces that it has entered into an agreement with Southpointe Academy to act as Southpointe's exclusive global recruitment partner. Under the terms of the agreement, CIBT has been granted the exclusive rights to recruit international and expatriate students...

Tech Data Corporation (NASDAQ: TECD) shares reached $51.60 to create a new 52-week high, before falling to $51.00, representing a 2.86% gain. TECD reported upbeat Q4 results. Sonus Networks Inc (NASDAQ: SONS) shares gained 26.07% to create a new 52-week high of $3.82. SONS reported better-than-...

Easing regulatory worries (helped by a House vote to deny funding for Gainful Employment implementation) has translated into strong absolute and relative performance from ITT Educational Services Inc. (NYSE: ESI) and Career Education Corp. (NASDAQ: CECO) (up 19.1% and 16.3%, respectively YTD), two...

Oppenheimer has published a research report on Noah Education Holdings (NYSE: NED) after the company's co-founder offered to purchase the company's devices business on Friday. In the report, Oppenheimer writes "Friday after the close, NED announced the receipt of an offer for its devices business (...