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American Public Education Reports Q4 EPS of $0.52 vs. $0.47
Thursday, February 17, 2011 - 4:10pm | 72American Public Education, Inc. (NASDAQ: APEI) announced financial results for the quarter and year ended December 31, 2010. Total revenues for the fourth quarter of 2010 increased 29% to $56.3 million, compared to total revenues of $43.7 million in the fourth quarter of 2009. Net income for the...
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Options Brief: Career Education Corporation (CECO)
Wednesday, February 16, 2011 - 2:39pm | 85Shares of Career Education Corporation (NASDAQ: CECO) are lower on the session by 1.12%, trading at $22.99. Overall put volume is now running at 3.40x the daily average, with 54% of all puts traded being purchases on the offer. 2,250 contracts have traded on the session so far. Career Education...
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Benzinga's Top Downgrades (GLCH, ADI, CPLA, FDO)
Wednesday, February 16, 2011 - 8:11am | 137Gleacher & Company Inc (NASDAQ: GLCH) was downgraded by BofA/Merrill from "neutral" to "underperform." GLCH's shares closed at $2.10 yesterday. Gleacher's PEG ratio is 1.85. Bernstein downgraded Analog Devices Inc (NYSE: ADI) from "outperform" to "market perform." ADI's shares closed at $41.00...
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Citigroup Downs CPLA To Hold
Wednesday, February 16, 2011 - 6:33am | 50Analysts at Citigroup downgrade Capella Education Company (NASDAQ: CPLA) from “buy” to “hold.” The target price for CPLA has been lowered from $81 to $57. CPLA shares dipped 17.54% to close at $52.23 yesterday. More Analyst Ratings here
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Narrow Trading Range 02-15-2011
Tuesday, February 15, 2011 - 6:29pm | 926Cusick's Corner The activity was tight today, as a matter of fact from a trading perspective it was a nothing day. The weakness in Crude continued. The Small Caps also showed some weakness on the close, while the market in general held critical levels of 1324 on the SPX. One market that I have...
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Capella Education Misses Estimates, Falls 15.8% (CPLA)
Tuesday, February 15, 2011 - 3:22pm | 193Shares of Minneapolis, Minnesota-based Capella Education Company (Nasdaq: CPLA) are trading down 15.8% at $53.32 per share during the Tuesday afternoon trading session. The day's trading range for shares of Capella Education Company has been between $52.05 and $56.84 per share. Analysts covering...
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Citi Comments On Corinthian Colleges (COCO)
Tuesday, February 15, 2011 - 8:27am | 114Citi commented on Corinthian Colleges (NASDAQ: COCO) in a research report published today. In the report, Citi states, "Corinthian Colleges Inc (COCO.O; US$4.96; 2S) reported today that it received 2009 draft CDR from the Education Department. Thirteen institutions exceeded the 25%+ threshold, up...
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Capella Education Reports Q4 EPS of $1.09
Tuesday, February 15, 2011 - 7:18am | 55Capella Education (NASDAQ: CPLA) reports its Q4 EPS at $1.09, versus the consensus of $1.10. CPLA reports its Q4 revenue at $114.7 million, versus the consensus of $114.39 million. CPLA shares dropped 0.98% to $62.72 in after-hours trading. Read more from Benzinga's Company news.
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ChinaCast Education Corporation Releases Shareholder Letter Responding to Analyst Questions
Monday, February 14, 2011 - 7:27am | 66ChinaCast Education (Nasdaq: CAST) today announced that its Chairman and Chief Executive Officer, Ron Chan, has issued a letter to Company shareholders providing a detailed response to material questions raised by an analyst regarding two previously completed university acquisitions. The Company...
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Capella Education Company Announces Investor Conference Schedule For First Quarter 2011
Friday, February 11, 2011 - 9:44am | 63Capella Education Company (NASDAQ: CPLA), today announced that it will be presenting at the Robert W. Baird & Co. 2011 Business Solutions Conference in Boston, MA on Thursday, Feb. 24, 2011 at 9:10 a.m. eastern time (ET), and at the 13th Annual Credit Suisse Global Services Conference in...
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ITT Tech's Response to Senator Harkin
Thursday, February 10, 2011 - 2:51pm | 637In response to Senator Tom Harkin's depiction of ITT Tech's (NYSE: ESI) recruitment practices, Kevin M. Modany, Chairman and CEO of ITT Tech, issued the following statement: “The training documents referenced by Senator Harkin do not in any way reflect our company's core principles. Those...
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K12 Inc. Reports Q2 EPS of $0.23 vs. $0.24
Wednesday, February 9, 2011 - 7:45am | 97K12 Inc. (NYSE: LRN) today announced its results for the second fiscal quarter ended December 31, 2010. Revenues for the second quarter grew to $129.0 million, an increase of 38.4 percent over the second quarter in the prior year, primarily due to strong enrollment growth and acquisitions. Net...
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Universal Technical Institute and Fisker Automotive Announce Partnership
Tuesday, February 8, 2011 - 8:16am | 61Universal Technical Institute, Inc. (NYSE: UTI) and Fisker Automotive have announced plans to provide technical training to Fisker dealership personnel at the UTI campus in Rancho Cucamonga, Calif. To support the much anticipated release of Fisker's Karma model, UTI forecasts that it will train...
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Piper Jaffray Maintains Universal Technical Institute Neutral Rating, Lowers PT To $16 (UTI)
Friday, February 4, 2011 - 7:57am | 104Piper Jaffray maintained its Universal Technical Institute (NYSE: UTI) rating of Neutral and lowered Universal Technical Institute's price target to $16 from $17 in a research report published today. In the report, Piper Jaffray states, "We like UTI's strong franchise in the auto training market...
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Piper Jaffray Lowers PT On Universal Technical Institute To $16
Friday, February 4, 2011 - 7:21am | 28Piper Jaffray has lowered the price target on Universal Technical Institute (NYSE: UTI) from $17 to $16 and maintains its Neutral rating.