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More Cons Than Pros for This Week's IPOs
Wednesday, November 3, 2010 - 7:42am | 272NEW YORK (TheStreet) -- The IPO market continues to deliver a full slate of offerings, and this week is no exception. Year-to-date, 361 IPOs have priced, a 247% increase over 2009. While not all have delivered great performance, these new offerings have so far delivered a 17% return on average....
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Capella Education: Earnings Scorecard - Analyst Blog
Tuesday, November 2, 2010 - 4:03pm | 1001Capella Education Company (CPLA), the provider of online education, delivered better-than-expected third-quarter 2010 results on October 26, 2010, buoyed by a rise in enrollment. Street analysts had nearly a week to digest the news. In the paragraphs that follow, we cover the recent earnings...
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Career Education Corporation Reports Results for Third Quarter 2010: EPS of $0.33
Tuesday, November 2, 2010 - 3:26pm | 53Career Education Corporation (NASDAQ: CECO) today reported total revenue of $524.2 million, and net income of $26.1 million, or $0.33 per diluted share, for the third quarter of 2010 compared to total revenue of $458.3 million and net income of $20.8 million, or $0.25 per diluted share, for the...
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Career Education Corp's Shares Fall Following Earnings Release (CECO)
Tuesday, November 2, 2010 - 3:17pm | 131Career Education Corp. (NASDAQ: CECO) reports Q3 earnings of $0.66 versus consensus of $0.63. Career Education Corp. reports revenues of $524.2 million versus consensus of $545.42 million. Revenues increased 14.4% year over year. As of September 30, 2010, cash and cash equivalents and short-term...
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K12 Inc. to Acquire American Education Corporation
Tuesday, November 2, 2010 - 8:06am | 56K12 Inc. (NYSE: LRN) announced today the entrance into a definitive agreement, under which K12 will acquire American Education Corporation. Completion of the transaction is subject to customary conditions to closing, including approval of the AEC stockholders. The transaction is expected to close...
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Strayer Education Beats Estimate - Analyst Blog
Friday, October 29, 2010 - 12:51pm | 772Strayer Education, Inc. (STRA), for-profit education company, recently posted better-than-expected third-quarter 2010 results on the heels of an increase in students' enrollment. The quarterly earnings of $1.72 per share beat the Zacks Consensus Estimate of $1.70 and jumped 42% from $1.21 in the...
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Anthony Scaramucci Is A Seller Of DeVry Inc. (DV)
Wednesday, October 27, 2010 - 6:09pm | 121On CNBC's Fast Money, Anthony Scaramucci said that he doesn't like DeVry Inc. (NYSE: DV). This stock spiked 7.04% today, and Anthony Scaramucci is a seller on the strength. He doesn't like the whole sector, and believes that the government is going to push the companies in the space very hard....
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DeVry Tops Consensus - Analyst Blog
Wednesday, October 27, 2010 - 2:33pm | 296DeVry Inc. (DV) registered first-quarter 2011 earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of 95 cents by 8.4% and the year-ago earnings of 76 cents by 35.5%. The upbeat results came in the wake of successful implementations of growth and diversification strategies,...
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Capella Beats, Enrollment Slows - Analyst Blog
Wednesday, October 27, 2010 - 2:33pm | 645Capella Education Company (CPLA), the provider of online education, recently delivered better-than-expected third-quarter 2010 results buoyed by a rise in enrollment. The quarterly earnings of 80 cents a share beat the Zacks Consensus Estimate of 78 cents, and grew 40.4% from 57 cents posted in...
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RBC Capital Changing Price Targets
Wednesday, October 27, 2010 - 12:01pm | 335RBC Capital is changing the following price targets and reiterating coverages: W.R. Berkley (NYSE: WRB); Outperform, from $30 to $31 Rogers Comms (NYSE: RCI); Sector Perform, from $46 to $44 National Oilwell Varco (NYSE: NOV); Outperform, from $55 to $70 Motricity (NASDAQ: MOTR); Outperform, from $...
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DeVry Beats, Shares Higher (DV)
Tuesday, October 26, 2010 - 3:22pm | 40DeVry, Inc. (NYSE: DV) reports Q3 earnings of $1.03 versus consensus of $0.95. DeVry, Inc. reports revenues of $521.4 million versus consensus of $520.29 million. Shares are up 99 cents in after hours to $43.73, a gain of 2.3%.
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DeVry Inc. Announces First-Quarter 2011 Results; EPS $1.03
Tuesday, October 26, 2010 - 3:07pm | 110DeVry Inc. (NYSE: DV) today reported financial results for its fiscal 2011 first-quarter ended Sept. 30, 2010. DeVry also reported enrollment results at Ross University and DeVry Brasil, and graduate coursetakers at DeVry University/Keller Graduate School of Management. DeVry's continued...
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Chinese IPO's Flying Again as We Revisit Fall 2007 - MCOX, XRS, CCSC
Tuesday, October 26, 2010 - 12:46pm | 722As the market hit all time highs in fall 2007 (the financial calamity had begun but investors trusted that the Fed had everything under control) the dominant themes were (a) anything commodity and (b) anything Chinese. Many days we saw Chinese stocks jumping 20-30-40% in a day, especially those of...
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Market Roundup (MGM, DV, UA, COH, UIS)
Tuesday, October 26, 2010 - 12:27pm | 230Moody's Investors Service has lifted the rating outlook on MGM Resort International (NYSE: MGM) from “stable” to “positive.” Moody's has affirmed corporate family rating of “Caa1” on the company. Moody's Investors Service said, "The outlook revision to positive reflects the favorable impact on MGM'...
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Unconfirmed rumor that Apollo Group Inc. (APOL) company has been approached by Blackstone to be taken private at $55.00 a share
Tuesday, October 26, 2010 - 10:25am | 27Unconfirmed rumor that Apollo Group Inc. (APOL)company has been approached by Blackstone to be taken private at $55.00 a share..