-
Bearish on Strayer Education - Analyst Blog
Monday, January 17, 2011 - 12:00pm | 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,...
-
Corinthian Colleges Up 7.7% On Rating Upgrade (COCO)
Friday, January 14, 2011 - 3:14pm | 158Shares of Corinthian Colleges, Inc. (Nasdaq: COCO) are trading up 7.7% at $5.09 per share during the Friday afternoon trading session. The company's share price climbed higher after RBC Capital Markets upgraded the company's rating from Underperform to Outperform. The day's trading range for shares...
-
Friday's Put/Call Ratio Leaders (CEPH, MTG, SLM, BBVA, CECO)
Friday, January 14, 2011 - 12:39pm | 84Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1) Cephalon Inc. (NASDAQ: CEPH) 4,440 puts, 93 calls 2) MGIC Investment Corp. (NYSE: MTG) 3,021 puts, 106 calls 3) SLM Corp. (NYSE: SLM) 41,327 puts, 1,540 calls 4) BBVA Ltd. (NASDAQ:...
-
Puts Purchased on Career Education Corporation (CECO)
Friday, January 14, 2011 - 11:10am | 128Shares of Career Education Corporation (NASDAQ: CECO) are higher on the session by 1.55%, currently trading at $21.56. The stock has been moving largely higher over the past four months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying puts...
-
Benzinga's Top Pre-Market NASDAQ Gainers (CPIX, COCO, ICGN, KLAC)
Friday, January 14, 2011 - 8:34am | 148Cumberland Pharmaceuticals Inc (NASDAQ: CPIX) rose 19.75% to $6.79 in the pre-market session. CPIX has received Food and Drug Administration (FDA) approval for its new formulation of its Acetadote injection. Corinthian Colleges Inc (NASDAQ: COCO) added 5.51% to $4.98 in the pre-market session....
-
Strayer Rises 5% (STRA)
Wednesday, January 12, 2011 - 3:09pm | 88A little life is being breathed into Strayer (NASDAQ: STRA) today, as the shares have risen around 5% to $124.19. The stock has been crushed in recent days after the company told investors that new-student enrollment for the winter term had fallen 20% from the prior year. Despite today's pop, STRA...
-
Herb Greenberg Discusses For-Profit Education Names (APOL, STRA, DV)
Wednesday, January 12, 2011 - 1:49pm | 215Herb Greenberg has been extremely pessimistic on the for profit education names, like DeVry (NYSE: DV), Apollo Group (NASDAQ: APOL), Strayer Education (NASDAQ: STRA), Corinthian Colleges (NASDAQ: COCO) and others. Greenberg, as well as many others, have long believed that students are not getting...
-
Stock Market News for Jan 12, 2011 - Market News
Wednesday, January 12, 2011 - 9:31am | 1360Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone. Indices gained modestly as bond insurer...
-
Stock Market News for Jan 12, 2011 - Market News
Wednesday, January 12, 2011 - 9:07am | 1360Markets on Tuesday climbed modestly higher as the euro-zone debt crisis eased to lessen investors' nervousness. Reports of a New York appeals court ruling in favor of MBIA Inc. and upbeat earnings results also helped indices break out of the red zone. Indices gained modestly as bond insurer...
-
Strayer Sees Fall in Enrollments - Analyst Blog
Tuesday, January 11, 2011 - 4:31pm | 770The shares of Strayer Education, Inc. (STRA) continue to fall, dropping 22.6% or $34.64 to $118.60 on Monday, following a reported 20% fall in new student enrollment for the winter 2011 term late on Friday, compared to 16% growth experienced in the same period last year. The educational...
-
Strayer Sees Fall in Enrollments - Analyst Blog
Tuesday, January 11, 2011 - 3:43pm | 770The shares of Strayer Education, Inc. (STRA) continue to fall, dropping 22.6% or $34.64 to $118.60 on Monday, following a reported 20% fall in new student enrollment for the winter 2011 term late on Friday, compared to 16% growth experienced in the same period last year. The educational...
-
Apollo Group Soars 11.8% After Beating Estimates (APOL)
Tuesday, January 11, 2011 - 1:30pm | 223Shares of Apollo Group, Inc. (Nasdaq: APOL), the owner of the University of Phoenix, are trading up 11.8% at $40.19 per share during the Tuesday afternoon trading session. On Monday after the market closed, the company reported income from continuing operations of $238.9 million, or $1.63 per share...
-
Benzinga's Volume Movers (ININ, BODY, SHLD, APOL)
Tuesday, January 11, 2011 - 10:50am | 157Interactive Intelligence Inc (NASDAQ: ININ) shares moved up 20.11% to $35.33 at 10:50 am. The volume of ININ shares traded was 403% higher than normal. ININ projects to report Q4 total revenue of between $49.0 million and $51.0 million, up from $35.9 million, in the year-ago period. Body Central...
-
Apollo's Earnings Surge - Analyst Blog
Tuesday, January 11, 2011 - 10:01am | 783Apollo Group Inc. (APOL), one of the world's largest private education providers, reported an earnings 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 Estimate of $...
-
Stock Market News for Jan 11, 2011 - Market News
Tuesday, January 11, 2011 - 9:31am | 1081Fears of Portugal seeking a bailout package negatively affected the indices on Monday. However, prospects of strong earnings helped markets move back to a better position as they closed just slightly lower. The Dow fell 0.3% and closed at 11,637.45. The S&P 500 was down 0.1% and closed the...