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Benzinga’s Top Pre-Market NASDAQ Losers (COCO, RIMM, BIDU, AAPL)
Monday, August 16, 2010 - 7:42am | 164Corinthian Colleges Inc (NASDAQ: COCO) dipped 8.11% to $6.12 in the pre-market session. Analysts at Deutsche Bank downgraded COCO from “buy” to “hold.” Research In Motion Limited (NASDAQ: RIMM) lost 1.46% to $52.62 in the pre-market session. According to the federal communications minister, India...
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Benzinga’s Top Downgrades (COCO, ATML, DEG, LINC)
Monday, August 16, 2010 - 6:56am | 154Corinthian Colleges Inc (NASDAQ: COCO) was downgraded by Deutsche Bank from “buy” to “hold.” COCO’s shares closed at $6.66 on Friday. Corinthian Colleges’ 52-week trading range is $7.01 - $20.29. FBR Capital downgraded Atmel Corporation (NASDAQ: ATML) from "outperform" to "market perform." ATML’s...
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Consumer Stays Home - Retail Sales Flat 08-13-2010
Friday, August 13, 2010 - 1:57pm | 942Cusick’s Corner The data that came out this morning was encouraging on the surface, but in reality, when you take out car and gas sales, we’re still in a very fragile recovery. Small Caps, RUT, and Tech, XLK, continue to lag, weighing down a potential upside run. The lack of participation is these...
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Education Names Pushing to New Lows (APOL, DV, ESI, CECO, COCO)
Friday, August 13, 2010 - 10:43am | 189Some of the worst performers today are the education stocks; some are even pushing to new 52-week lows. Take a look at Apollo Group Inc. (NASDAQ: APOL), which is currently lower by 4.94%, trading at $38.47, just off of its 52-week low of $38.39 that it hit earlier in the session. DeVry Inc. (NYSE...
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Oppenheimer Continues To Like DeVry (DV)
Friday, August 13, 2010 - 9:53am | 168Oppenheimer & Co. has an Outperform rating and $54 price target on for profit college DeVry Inc. (NYSE: DV) after the company reported a strong quarter. In the research report, Oppenheimer & Co. says, "DV delivered F4Q10 EPS/revenue of $0.99 (+78% y/y)/$507M (+28% y/y), respectively, which...
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Sterne Agee Neutral On DeVry (DV)
Friday, August 13, 2010 - 9:28am | 131Sterne Agee is Neutral on shares of DeVry (NYSE: DV) after the for profit education company reported quarterly earnings that beat estimates, but showed slower than expected enrollment. In the report Sterne Agee notes, "We view regulatory risk to DV as moderate and not excessive given the...
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Capella Enhances Return - Analyst Blog
Friday, August 13, 2010 - 8:40am | 370Capella Education Company (CPLA), the provider of online education, in view to further enhance shareholders’ return, recently raised its existing share repurchase authorization to $75 million. Earlier, in July 2008, Capella’s board had authorized the share repurchase program of up to $60 million...
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Benzinga’s Top Downgrades (EAT, AAP, STRA, EDMC)
Friday, August 13, 2010 - 6:22am | 154Brinker International Inc (NYSE: EAT) was downgraded by Wells Fargo Securities from "outperform" to "market perform." EAT’s shares closed at $15.65 yesterday. Brinker International’s quarterly sales fell 7.84% y/y. Longbow downgraded Advance Auto Parts Inc (NYSE: AAP) from "buy" to "neutral." AAP’s...
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Yield is King - Sectors to Watch 08-12-10
Thursday, August 12, 2010 - 5:42pm | 847Cusick’s Corner As I mentioned in the Midday, deflation is on the minds of market insiders and the Fed seems to be a hotter topic within the trading community. So it may be worth discussing some sectors that could potentially out perform in a deflationary market. The traditional safe havens are...
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NVIDIA Misses Estimates; Guides In-Line (NVDA)
Thursday, August 12, 2010 - 3:30pm | 154NVIDIA Corporation (NYSE: DV) reports Q2 EPS of $0.03 versus estimates of $0.11. NVIDIA Corporation reports Q2 revenues of $811.2 million versus estimates of $831.88 million. For Q3, the company expects revenue to be up 3 to 5 percent from the second quarter, GAAP gross margin to increase to 46.5...
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DeVry Inc. Beats on Top and Bottom Lines (DV)
Thursday, August 12, 2010 - 3:23pm | 181DeVry Inc. (NYSE: DV) reports Q4 EPS of $0.99 versus estimates of $0.82. DeVry Inc. reports Q4 revenues of $506.7 million versus estimates of $487.2 million. During the fourth quarter of fiscal 2010, DeVry repurchased 321,521 shares of its common stock at a cost of approximately $19.0 million, or $...
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Calls Purchased on Corinthian Colleges (COCO)
Thursday, August 12, 2010 - 1:06pm | 120Shares of Corinthian Colleges Inc. (NASDAQ: COCO) are lower on the session by 6.13%, currently trading at $7.05. The stock has been moving largely lower over the past five months, off from highs near $19.25. Options traders are betting that the stock may be near a short-term bottom. The August $7....
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Education Names Outperforming (COCO, APOL, ESI, LINC)
Wednesday, August 11, 2010 - 10:04am | 185Stocks in the education sector are displaying relative strength today, but offer little reprieve after a brutal sell-off over the past three months. Corinthian Colleges (NASDAQ: COCO) is higher by 9 cents, or 1.16%, to $7.87. Apollo Group (NASDAQ: APOL) is higher by 63 cents, or 1.51%, to $42.47....
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 10, 2010 - 10:34am | 352Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: American Public Education, Inc (APEI) American States Water Co (AWR) Beacon Roofing Supply, Inc (BECN) Bowne & Co., Inc (BNE) China Nepstar Chain Drugstore Ltd (NPD) View the entire Zacks #5 Rank List. AMER PUB...
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American Public Education Beats - Analyst Blog
Monday, August 9, 2010 - 6:34am | 473American Public Education Inc. (APEI), an online provider of higher education to the military and public service communities, recently delivered second-quarter 2010 results that topped the Zacks Consensus Estimate. The quarterly earnings of 37 cents a share surpassed the Zacks Consensus Estimate...