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Apollo Group Earnings: Time to Buy or Sell?
Thursday, October 14, 2010 - 8:54am | 141Apollo Group (NASDAQ: APOL) got hammered during Wednesday's after-hours session. It closed down almost 15% to $42.10. The 52-week low for the stock is $38.39 while the 52-week high is $76.86. As can be seen by the yearly range, the company isn't so popular right now. The one-year chart is rather...
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Deutsche Bank Reiterates Buy Rating on Apollo Group (APOL)
Thursday, October 14, 2010 - 8:20am | 137Deutsche Bank is out with a research report this morning, where it reiterates its Buy rating on Apollo Group (NASDAQ: APOL); it has a $65.00 price target on the stock. The DB analysts said that the company's recently announced one time new enrollment hit from the rollout of orientation (approx....
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Benzinga's Top Pre-Market NASDAQ Losers (APOL, COCO, CECO, AVNR)
Thursday, October 14, 2010 - 7:43am | 130Apollo Group Inc (NASDAQ: APOL) dipped 18.38% to $40.40 in the pre-market session. APOL has withdrawn its business projections for 2011. Corinthian Colleges Inc (NASDAQ: COCO) lost 7.97% to $5.54 in the pre-market session. Analysts at UBS initiated coverage of COCO with a “neutral” rating. Career...
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Apollo Group Stock Sinks
Thursday, October 14, 2010 - 7:11am | 112Apollo Group (NASDAQ: APOL) one time new enrollment hit from the rollout of orientation was not in the model but is now easily understandable. Deutsche Bank did not fully expect the approx. 10pt hit from negative press and the marketing shift. These items reduce our estimates but we still think...
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Apollo Reports In-Line 3Q
Thursday, October 14, 2010 - 7:01am | 145Citigroup has published a research report on Apollo Group (NASDAQ: APOL) following in-line 4Q results. In the report, Citigroup writes "At $1.26B in revenue, $354 in EBITDA, and EPS of $1.31, APOL's fiscal 4Q10(Aug) results were largely in-line with CIRA/Street estimates at $1.27/$1.26B and $356MM...
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J.P. Morgan Slashes Price Target On Apollo Group (APOL)
Thursday, October 14, 2010 - 6:43am | 110J.P. Morgan Chase & Co. slashed the price target on Apollo Group, Inc. (NASDAQ: APOL) to $65 from $85, after the company reported substantially weaker than expected guidance for 2011. In the note sent to clients, J.P. Morgan states, "Yesterday after the close, Apollo reported 4QF10 (Aug) EPS of...
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Benzinga's Top Downgrades (LLTC, GR, OSG, APOL)
Thursday, October 14, 2010 - 6:26am | 148Barclays Capital downgraded Linear Technology Corporation (NASDAQ: LLTC) from "overweight" to "equal weight." LLTC's shares closed at $30.80 yesterday. Linear Technology's 52-week trading range is $24.75 - $32.81. Societe Generale downgraded Goodrich Corporation (NYSE: GR) from "hold" to "sell." GR...
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US Stock Futures Up As Investors Await Data On Jobless Claims And Producer Prices
Thursday, October 14, 2010 - 6:04am | 241US stock futures rose as the investors are awaiting data on jobless claims and producer prices. Futures on the Dow Jones Industrial Average gained 12 points to 11,056 and S&P 500 futures rose 1.60 points to 1,175.90. Nasdaq 100 futures were up 0.50 points at 2,057. US stock markets closed...
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FBR Capital Downs APOL To Underperform
Thursday, October 14, 2010 - 5:14am | 52Analysts at FBR Capital downgrade Apollo Group Inc (NASDAQ: APOL) from "market perform" to "underperform." The target price for APOL has been reduced from $49 to $40. APOL shares lost 0.96% to close at $49.50 yesterday. More Analyst Ratings here
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Apollo Group, Inc. Reports Fiscal 2010 Fourth Quarter Results
Wednesday, October 13, 2010 - 3:03pm | 140Apollo Group, Inc. (NASDAQ: APOL) today reported financial results for the three months and fiscal year ended August 31, 2010. Consolidated net revenue for the fourth quarter of fiscal 2010 totaled $1,259.4 million, which represents a 17.4% increase over the fourth quarter of fiscal 2009....
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Earnings Scheduled For October 13 (JPM, APOL, HST, ACGY, TESS, SPTN, ASML, MTOX, IGTE, CMN, OZRK)
Wednesday, October 13, 2010 - 4:03am | 251JP Morgan Chase & Co (NYSE: JPM) is likely to post its Q3 EPS at $0.90. Apollo Group (NASDAQ: APOL) may report its FQ4 profit at $1.30 per share. Host Hotels & Resorts Inc (NYSE: HST) is estimated to post Q3 loss at $0.11 per share. Acergy SA (NASDAQ: ACGY) is expected to post its Q3 EPS at...
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Piper Jaffray Reiterates Neutral Rating on Apollo Group (APOL)
Tuesday, October 12, 2010 - 8:13am | 119Piper Jaffray is out with a research report this morning, where it reiterates its Neutral rating on Apollo Group (NASDAQ: APOL); it has a $46.00 price target on the stock. The PJ analyst said that they expect few surprises when it reports Q4 earnings on October 13th. They added that the more...
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Benzinga's Top Pre-Market NASDAQ Losers (MEDQ, TXIC, SYNA, COCO)
Tuesday, October 12, 2010 - 7:32am | 143MedQuist Inc (NASDAQ: MEDQ) dipped 13.19% to $10 in the pre-market session. MEDQ's shares have jumped 75.88% over the past 52 weeks, while the S&P 500 index has just gained 8.28% in the same period. Tongxin International Ltd (NASDAQ: TXIC) lost 12.16% to $3.25 in the pre-market session. TXIC's...
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Goldman Sachs' Global Internet Notables Summary
Tuesday, October 12, 2010 - 6:52am | 253Goldman Sachs has published a research report on Global Internet Notables for the week of October 11, 2010. In the report, Goldman Sachs writes "For the week ending Monday, October 11, 2010, the market-weighted Internet average increased 1.7% week over week, underperforming the NASDAQ, up 2.5%, and...
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Holzer Holzer & Fistel, LLC is Investigating Potential Violations of Federal Securities Laws by Strayer Education, Inc.
Monday, October 11, 2010 - 9:37am | 218Holzer Holzer & Fistel, LLC is investigating potential violations of the federal securities laws by Strayer Education, Inc. (NASDAQ: STRA). The investigation focuses on whether a series of statements regarding Strayer's business, its prospects and its operations were materially false and...