-
Capella Education Company Increases Share Repurchase Program to $113M
Thursday, February 24, 2011 - 8:01am | 60Capella Education Company (NASDAQ: CPLA) today announced an increase to its current share repurchase program. The Board of Directors has authorized an increase of the existing share repurchase program by $65 million up to an aggregate of $113 million. This includes the $48 million remaining...
-
China Distance Education Reports Q1 EPS of $0.00 vs. $(0.05)
Tuesday, February 22, 2011 - 4:42pm | 78China Distance Education Holdings Limited (NYSE: DL) reported today its unaudited financial results for the first quarter of fiscal year 2011 ended December 31, 2010. Net revenues increased 40.0% over the first quarter of fiscal 2010 to US$7.8 million. Basic and diluted non-GAAP net income per ADS...
-
Options Brief: New Oriental Education & Technology Group (EDU)
Tuesday, February 22, 2011 - 2:03pm | 82Shares of New Oriental Education & Technology Group (NYSE: EDU) are lower on the session by 2.03%, trading at $95.07. Overall put volume is now running at 3.39x the daily average, with 63% of all puts traded being purchases on the offer. 1,217 contracts have traded on the session so far. New...
-
Piper Jaffray Comments On Education Sector (LOPE, BPI, DV, APEI, CPLA)
Tuesday, February 22, 2011 - 9:47am | 171Piper Jaffray is out with a research note this morning focusing on the education sector. In the note, Piper Jaffray states, "Countervailing forces in the education sector suggest continued volatility in these stocks on a near-term basis. While regulatory risk appears to be easing, reinforced by a...
-
Piper Jaffray Upgrades ATAIO To Overweight, PT To $6
Tuesday, February 22, 2011 - 9:04am | 28Piper Jaffray has upgraded ATA, Inc. (NASDAQ: ATAI) from Neutral to Overweight and has raised the price target from $3.20 to $6.
-
Piper Jaffray Raises American Public Education PT To $43 (APEI)
Tuesday, February 22, 2011 - 8:37am | 132Piper Jaffray raised its American Public Education (NASDAQ: APEI) price target from $29 to $43 in a research report published today. In the report, Piper Jaffray states, "With a differentiated business model, strong current operating momentum, appealing secular growth prospects, and minimal...
-
Oppenheimer Comments On Strayer Education Following Earnings Report
Tuesday, February 22, 2011 - 7:49am | 142Strayer Education (NASDAQ: STRA) delivered 4Q10 EPS of $2.73, which exceeded its estimate/consensus of $2.66/$2.64. Revenue of $172.0M was below Oppenheimer's estimate/consensus of $175.2M/$172.8M and a lower share count relative to its estimate represented $0.09 of EPS outperformance. STRA's lower...
-
Piper Jaffray Raises PT On American Public Education To $43
Tuesday, February 22, 2011 - 7:11am | 28Piper Jaffray has raised the price target on American Public Education (NASDAQ: APEI) from $28 to $43 and maintains its Neutral rating.
-
Piper Jaffray Raises PT On Career Education Corporation To $20
Tuesday, February 22, 2011 - 7:10am | 28Piper Jaffray has raised the price target on Career Education Corporation (NASDAQ: CECO) from $14 to $20 and maintains its Underweight rating.
-
Attorney General Holder: The Most Valuable Friend of Angelo
Monday, February 21, 2011 - 4:02am | 2382The Federal Government's latest demonstration of prosecutorial futility was captured in Friday's LA Times: http://www.latimes.com/business/la-fi-mozilo-20110219,0,3665171.story U.S. drops criminal probe of former Countrywide chief Angelo Mozilo Mozilo's actions in the mortgage meltdown — which led...
-
House Blocks Funding for Gainful Employment Rule
Friday, February 18, 2011 - 2:56pm | 101The House of Representatives blocked funding for the Gainful Employment Rule today. The rule would have limited for-profit colleges access to federal funding that makes up a significant portion of these institutions' revenues. Apollo Group (NASDAQ: APOL), Strayer University (NASDAQ: STRA), Career...
-
For-Profit Colleges Spike On New Regulations (APOL, STRA, CECO, COCO)
Friday, February 18, 2011 - 2:14pm | 59Apollo Group (NASDAQ: APOL), Strayer University (NASDAQ: STRA), Career Education (NASDAQ: CECO), and Corinthian Colleges (NASDAQ: COCO) are higher on House regulations affecting the for-profit college sector.
-
Career Education Corporation Sees Lower Revenues in 2011
Friday, February 18, 2011 - 10:40am | 17Career Education Corporation (NASDAQ: CECO) sees lower revenues in 2011.
-
Citigroup Raises PT On American Public Education To $48
Friday, February 18, 2011 - 8:12am | 27Citigroup has raised the price target on American Public Education (NASDAQ: APEI) from $46 to $48 and maintains its Buy rating.
-
American Public Education Reports Fourth Quarter and Full Year 2010 Results
Thursday, February 17, 2011 - 4:12pm | 222American Public Education, Inc. (NASDAQ: APEI) – parent company of online learning provider American Public University System (APUS), which operates through American Military University (AMU) and American Public University (APU) – announced financial results for the quarter and year ended December...