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American Public Education, Inc. Goes Above Expectations for 3Q10
Tuesday, November 9, 2010 - 9:30am | 89Sterne Agee published its research report on American Public Education, Inc. (NasdaqGS: APEI) this morning which discussed 3Q10 results. APEI had an increase in revenue/EPS of $48.3M/$0.30 which were 32% and 11% gains respectively. Both revenue and EPS were above consensus estimates of $47.3M/$0.29...
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K12 Inc. Reports First Quarter 2011 EPS of $.07
Tuesday, November 9, 2010 - 7:42am | 149K12 Inc. (NYSE: LRN) today announced its results for the first quarter of fiscal year 2011. Revenues for the first quarter were $134.9 million, an increase of $28.5 million or 26.8 percent, as compared to $106.3 million for the first quarter of FY 2010. Excluding acquisitions, enrollments in K12...
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APEI: Strong Civilian Market Offsets Military Market Weakness
Tuesday, November 9, 2010 - 7:34am | 191Piper Jaffray has published a research report on American Public Education (NASDAQ: APEI) following reports of growth and modest beats on 3Q estimates. In the report, Piper Jaffray writes "The company's efforts to boost civilian enrollment growth are working, with a 58% y/y increase in 3Q Title IV...
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American Public Education Up 10% After Hours (APEI)
Monday, November 8, 2010 - 5:54pm | 148American Public Education, Inc. (Nasdaq: APEI) announced after the market closed on Monday that it beat consensus Wall Street estimates. American Public Education, Inc reported that its 3rd quarter net income rose 11% to $5.6 million, or 30 cents per share, up from $5 million, or 27 cents per, a...
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American Public Education Reports Third Quarter 2010 Results: EPS of $0.30
Monday, November 8, 2010 - 4:05pm | 240American 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 ended September 30, 2010...
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Deutsche Bank's Thoughts on Gainful Employment and For-Profit Education Stocks (ESI, EDMC, CECO)
Monday, November 8, 2010 - 9:43am | 227Deutsche Bank is out with a research note this morning, where it reviews the Department of Education's hearing on Gainful Employment (GE). The analysts said that, despite expectations, Thursday and Friday's public hearings on Gainful Employment (GE) did not involve any exchange between DoE...
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K12 Inc. Announces $10M iInvestment in Web International English
Monday, November 8, 2010 - 9:09am | 50K12 Inc. (NYSE: LRN) announced today that its Board of Directors has approved a strategic investment in Web International English. The $10 million investment gives K12® a 20% minority interest in Web, with the option to acquire the remaining ownership interests in the company.
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Earnings Scheduled For November 8 (FTR, LDK, PCLN, SYY, CCO, MDR, QGEN, APEI)
Monday, November 8, 2010 - 3:31am | 209Frontier Communications (NYSE: FTR) is expected to report its Q3 EPS at $0.10 on revenue of $1.41 billion. LDK Solar Co Ltd (NYSE: LDK) is likely to report its Q3 EPS at $0.43. Priceline.com (NASDAQ: PCLN) is forecast to post its Q3 earnings at $4.97 per share on revenue of $974 million. Sysco Corp...
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Morgan Stanley Defends Apollo Group (MS, APOL)
Thursday, November 4, 2010 - 11:44am | 151Morgan Stanley (NYSE: MS) is out with an intra-day note on Apollo Group (NASDAQ: APOL) noting that they believe given the level of past scrutiny, it is unlikely that the Department of Education will uncover any egregious violations at the for-profit educator. The analysts said, “With the continuous...
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UBS Downgrades Corinthian Colleges to Sell
Thursday, November 4, 2010 - 10:09am | 29UBS downgrades Corinthian Colleges (NASDAQ: COCO) from Neutral to Sell. The analysts also lowered their price target on COCO from $7 to $2.50.
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Robert W. Baird Downgrades Capella Education to Neutral
Thursday, November 4, 2010 - 9:49am | 27Robert W. Baird downgrades Capella Education (NASDAQ: CPLA) from Outperform to Neutral with a price target lowered from $74 to $62.
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RBC Capital Markets Downgrades (CHK, CECO)
Thursday, November 4, 2010 - 9:46am | 49RBC Capital Markets downgrades the following companies from Outperform to Sector Perform and lowers their price targets: Chesapeake Energy (NYSE: CHK); price target from $33 to $30. Career Education (NASDAQ: CECO); price target from $25 to $18
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Benzinga's Top Pre-Market NASDAQ Losers (ARMH, COCO, DNDN, AMGN)
Thursday, November 4, 2010 - 7:26am | 121ARM Holdings Plc (NASDAQ: ARMH) dipped 2.58% to $16.61 in the pre-market session. ARMH's earnings may fall by 8.26% this year. Corinthian Colleges Inc (NASDAQ: COCO) lost 1.55% to $4.44 in the pre-market session. Analysts at UBS initiated coverage of COCO with a “neutral” rating. Dendreon...
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Benzinga's Worst Performing Industries (PWR, CTRP, RURL, PHM, BHS, WBD, COCO, ESI)
Wednesday, November 3, 2010 - 6:41pm | 188General Contractors industry was the worst performer in Wednesday's trading session, with a decrease of 5.41%. Quanta Services, Inc. (NYSE: PWR) plunged 9.98% on earnings results. In the after hours, PWR gained 1.34%. Consumer Services sector fell 4.35% today, as Ctrip.com International, Ltd. (ADR...
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Lincoln Educational Shares Up 16% On Earnings Beat (LINC)
Wednesday, November 3, 2010 - 12:29pm | 248Shares of Lincoln Educational Services Corporation (Nasdaq: LINC) are trading up 16.1% at $14.35 per share during the Wednesday afternoon trading session. The day's trading range for shares of Lincoln Educational Services Corporation has been between $13.25 and $14.24 per share. Analysts covering...