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Deutsche Bank Raises PT On DeVry To $52
Wednesday, January 26, 2011 - 7:23am | 27Deutsche Bank has raised the price target on DeVry, Inc. (NYSE: DV) from $50 to $52 and maintains its Hold rating.
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Oppenheimer Has Outperform On DeVry Inc. (DV)
Wednesday, January 26, 2011 - 7:10am | 166Oppenheimer & Co. has an Outperform rating and a $56 price target on shares of DeVry Inc. (NYSE: DV) after the company reported earnings yesterday. In a note to clients, Oppenheimer writes, "F2Q11 EPS of $1.25 (+25% y/y) exceeded our estimate/consensus of $1.16/$1.19 and we're increasing our...
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Strayer Education (STRA) - Bear of the Day
Wednesday, January 26, 2011 - 2:01am | 192Strayer Education (STRA) reported a 20% fall in new student enrollment for the winter 2011 term. The company now projects that if annual enrollment drops 5%, its revenue may remain flat or fall 1% and fiscal 2011 earnings may lie between $7.50 and $7.70 per share. This is in sharp contrast to what...
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Strayer Education (STRA) - Bear of the Day
Wednesday, January 26, 2011 - 12:00am | 192Strayer Education (STRA) reported a 20% fall in new student enrollment for the winter 2011 term. The company now projects that if annual enrollment drops 5%, its revenue may remain flat or fall 1% and fiscal 2011 earnings may lie between $7.50 and $7.70 per share. This is in sharp contrast to what...
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DeVry Reports Q2 EPS of $1.25 vs. $1.19
Tuesday, January 25, 2011 - 4:03pm | 113DeVry Inc. (NYSE: DV) today reported results for its fiscal 2011 second-quarter ended Dec. 31, 2010. DeVry's continued execution of its diversification strategy and focus on academic quality produced the following financial results: Three Months Ended Dec. 31, 2010: Revenues increased 17...
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Unconfirmed Rumors Circulate that Corinthian Colleges Inc. (COCO) will be acquired by Apollo Group Inc. (APOL) in an all stock transaction valued around $12.00 a share
Tuesday, January 25, 2011 - 2:14pm | 40Unconfirmed Rumors Circulate that Corinthian Colleges Inc. (COCO) will be acquired by Apollo Group Inc. (APOL) in an all stock transaction valued at around $12.00 a share.
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Citi Maintains Buy On DeVry (DV)
Tuesday, January 25, 2011 - 10:19am | 124Citi maintained its rating of Buy on DeVry (NYSE: DV) in a research report published today. In the report, Citi states, "We are looking for Rev/EPS of $552MM/$1.20, roughly in-line with Street at $549MM/$1.19. While DV will not report enrollment data this quarter, intra-quarter DV announced mixed...
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Earnings Scheduled For January 25 (MMM, YHOO, VZ, JNJ, KMB, JNPR, GILD, DD, NSC, COH, AKS, BLK, TRV, ALTR, DV)
Tuesday, January 25, 2011 - 2:51am | 3873M Co (NYSE: MMM) is expected to report its Q4 earnings at $1.27 per share on revenue of $6.62 billion. Yahoo Inc (NASDAQ: YHOO) is projected to report its Q4 EPS at $0.22 on revenue of $1.19 billion. Verizon (NYSE: VZ) is forecast to post its Q4 earnings at $0.55 per share on revenue of $26.47...
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Corinthian Colleges Starting To Move (COCO)
Monday, January 24, 2011 - 2:52pm | 97Corinthian Colleges, Inc. (NASDAQ: COCO) shares are starting to move sharply higher, and there is the potential for shares to go much higher. At last check, shares of COCO were up 23 cents to $5.27, a gain of 4.6%. There is huge short position in the name, and since the stock is basing from a flat...
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Piper Jaffray Overweight On TAL Education (XRS)
Monday, January 24, 2011 - 7:28am | 141Piper Jaffray has an Overweight rating and a $19 price target on shares of TAL Education (NYSE: XRS). In a note to clients, Piper Jaffray writes, "We are Overweight XRS shares ahead of the company's November quarter earnings, scheduled to be released before the market opens on Tuesday, January...
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J.P. Morgan Remains Neutral on ITT Educational Services (ESI)
Friday, January 21, 2011 - 10:48am | 128In a research report published today, J.P. Morgan retained ITT Educational Services' (NYSE: ESI) rating of Neutral and price target of $75. In the report, J.P. Morgan states, "Yesterday morning, ESI reported its 4Q10 EPS of $3.14 (vs. consensus $3.12; JPMe $3.17). However, ~$0.19 of the 4Q10 EPS...
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ESI Beats on Top & Bottom Line - Analyst Blog
Friday, January 21, 2011 - 9:01am | 596ITT Educational Services Inc.(ESI), one of the leading providers of technology-based post-secondary degree programs in the U.S., recently delivered fourth-quarter 2010 results that beat Zacks' expectations. The quarterly earnings of $3.14 per share outpaced the Zacks Consensus Estimate of $3.11,...
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ESI Beats on Top & Bottom Line - Analyst Blog
Friday, January 21, 2011 - 8:30am | 596ITT Educational Services Inc.(ESI), one of the leading providers of technology-based post-secondary degree programs in the U.S., recently delivered fourth-quarter 2010 results that beat Zacks' expectations. The quarterly earnings of $3.14 per share outpaced the Zacks Consensus Estimate of $3.11,...
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ITT Education Sees FY2011 EPS $8.50-$10.50 Vs. $10.92 Estimate (ESI)
Thursday, January 20, 2011 - 7:33am | 19ITT Education (NYSE: ESI) Sees FY2011 EPS $8.50-$10.50 Vs. $10.92 Guidance Estimate.
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Career Education Corporation Reducing Workforce by 600
Wednesday, January 19, 2011 - 4:34pm | 110Career Education Corporation (CEC) (NASDAQ: CECO), a global provider of post-secondary education programs and services, today announced it will reduce its workforce by about 600 positions across its United States operations. The moves, which will be carried out over the next several months, are...