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Earnings Scorecard: Apollo Group - Analyst Blog
Wednesday, January 19, 2011 - 9:31am | 998Apollo Group Inc. (APOL), one of the world's largest private education providers, reported earnings per share growth of 10.9% year over year to reach $1.63 in the first quarter of fiscal 2011. The result topped the year-ago earnings of $1.47 per share and also surpassed the Zacks Consensus...
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Earnings Scorecard: Apollo Group - Analyst Blog
Wednesday, January 19, 2011 - 9:15am | 998Apollo Group Inc. (APOL), one of the world's largest private education providers, reported earnings per share growth of 10.9% year over year to reach $1.63 in the first quarter of fiscal 2011. The result topped the year-ago earnings of $1.47 per share and also surpassed the Zacks Consensus...
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Goldman Neutral On New Oriental Education & Technology Group (EDU)
Wednesday, January 19, 2011 - 7:41am | 195Goldman Sachs has a Neutral rating and is raising its price target to $103 from $99 on shares of New Oriental Education & Technology Group (NYSE: EDU). In a note to clients, Goldman writes, "We view robust revenue growth delivered in 2Q and guided for in 3QFY11 as indicative of payoffs realized...
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Oppenheimer Raises Price Target On New Oriental Education & Technology Group (EDU)
Wednesday, January 19, 2011 - 7:24am | 165Oppenheimer & Co. is raising its price target on shares of New Oriental Education & Technology Group (NYSE: EDU) to $125 from $109 and has an Outperform rating on shares after the company reported better than expected earnings. In a note to clients, Oppenheimer writes, "We're encouraged by...
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Oppenheimer Raises PT On EDU
Wednesday, January 19, 2011 - 7:07am | 29Oppenheimer has raised the price target on New Oriental Education & Technology Group (NYSE: EDU) from $109 to $125 and maintains its Outperform rating.
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Earnings Optimism 01-14-2011
Tuesday, January 18, 2011 - 3:55pm | 836Cusick's Corner The market continues to get some more fuel early in this earnings cycle -- JPM and INTC reported to the upside, with little drag from the actions by the Chinese and the continued struggles of EU sovereign debt. Gold is on the radar because the short-term move looks potentially ugly...
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Earnings Top Billing 01-14-2011
Tuesday, January 18, 2011 - 3:51pm | 876Cusick's Corner Stocks are broadly higher on positive earnings and mixed economic news Friday. JP Morgan (JPM) shares are up 2.5 percent and the best gainers in the Dow Jones Industrial Average after the bank reported a quarterly profit of $1.12 per share, which was 13 cents better-than-expected....
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Bearish MACD for DeVry Inc - Tale of the Tape
Tuesday, January 18, 2011 - 12:01pm | 111DeVry Inc.'s (DV) MACD indicator has entered into bearish territory with a reading of -0.0259. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $45.82 in morning trade. The Zacks Consensus Estimate for the year ending June 2011 has decreased by a penny over the past month to $4.51 per...
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Bearish MACD for DeVry Inc - Tale of the Tape
Tuesday, January 18, 2011 - 11:40am | 111DeVry Inc.'s (DV) MACD indicator has entered into bearish territory with a reading of -0.0259. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $45.82 in morning trade. The Zacks Consensus Estimate for the year ending June 2011 has decreased by a penny over the past month to $4.51 per...
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Goldman Discusses New Oriental Education & Technology Group Earnings (EDU)
Tuesday, January 18, 2011 - 7:50am | 161Goldman Sachs is out with a research report on New Oriental Education & Technology Group Inc. (ADR) (NYSE: EDU) after it reported earnings. It has a Neutral rating on shares. In a note to clients, Goldman writes, "We view these results positively. Accelerating revenue growth in 2Q (albeit...
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Oppenheimer Has Outperform On New Oriental Education & Technology Group (EDU)
Tuesday, January 18, 2011 - 7:24am | 181Oppenheimer & Co. has an Outperform rating and $109 price target on shares of New Oriental Education & Technology Group (NYSE: EDU). In a note to clients, Oppenheimer writes, "EDU reported F2Q11 GAAP EPS of $0.05 vs our -$0.01 estimate and consensus of $0.02. Strong operational performance...
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New Oriental Education & Technology Beats Estimates (EDU)
Tuesday, January 18, 2011 - 5:53am | 323Beijing, China-based New Oriental Education & Technology Group (NYSE: EDU) released financial results on Tuesday morning that easily beat Wall Street estimates. New Oriental Education & Technology Group announced that its 2nd quarter net income rose to $1.8 million, or 5 cents per share, up...
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Strayer Education, Inc. - Bear of the Day
Tuesday, January 18, 2011 - 2:01am | 196Strayer Education, Inc. (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 in sharp contrast to...
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Strayer Education, Inc. - Bear of the Day
Tuesday, January 18, 2011 - 12:00am | 196Strayer Education, Inc. (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 in sharp contrast to...
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Bearish on Strayer Education - Analyst Blog
Monday, January 17, 2011 - 12:31pm | 590We recently downgraded our recommendation on Strayer Education Inc. (STRA) to Underperform with a price target of $112.00. Earlier we had a Neutral rating on the stock. The company also holds a Zacks #5 Rank, which translates into a short-term ‘Strong Sell' rating. The educational institute,...