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Education Stocks Crushed (DV, APOL, LOPE, CECO)
Friday, August 6, 2010 - 10:57am | 169A number of education stocks have fallen precipitously on heavy volume on Friday. Many of these stocks have heavy short interest and have been in the crosshairs of some short-selling hedge funds for some time. DeVry Inc. (NYSE: DV) has lost 5.73% to $48.04. Year to date, the shares have lost 15.32...
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Benzinga’s Top Pre-Market NASDAQ Losers (APEI, ATPG, POWR, ATVI)
Friday, August 6, 2010 - 7:25am | 137American Public Education, Inc (NASDAQ: APEI) dipped 33.91% to $28.20 in the pre-market session. APEI has slashed its full-year guidance on a decline in enrollments of military students. ATP Oil & Gas Corporation (NASDAQ: ATPG) lost 17.66% to $10.91 in the pre-market session. ATPG reported...
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Universal Technical Tops - Analyst Blog
Thursday, August 5, 2010 - 1:11pm | 374Universal Technical Institute Inc. (UTI) recently posted robust third-quarter 2010 results on the heels of strong enrollment and higher operating margins, which boosted the bottom line. The quarterly earnings of 25 cents per share edged past the Zacks Consensus Estimate by a penny, but witnessed a...
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Lincoln Educational Slammed (LINC)
Thursday, August 5, 2010 - 9:44am | 105Lincoln Educational Services (NASDAQ: LINC) cut its forecast for the year this morning saying increasing government regulation on the industry will hurt new student enrollment. Shares of Lincoln are down $3.20, or 15.52%, to $17.42. Lincoln said its new student enrollments were flat in the second...
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Career Education Corp Posts Mixed Earnings (CECO)
Wednesday, August 4, 2010 - 3:58pm | 154Career Education Corp. (NASDAQ: CECO) reports Q2 earnings of $0.80 versus estimates of $0.62. Career Education Corp. reports Q2 revenues of $527.90 million versus estimates of $531.01 million. "I am pleased with our solid performance in the second quarter, including our continued investment in...
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Oppenheimer’s For-Profit Education Update (APOL, CECO)
Wednesday, August 4, 2010 - 8:37am | 223Oppenheimer is out with a research report this morning, where it cites the U.S. Government Accountability Office’s (GAO) recent release of testimony on for-profit education recruiting practices. While some of the results do not apply to all the schools in this space, the GAO did find that all 15...
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Dow Jones ESI Hits Highest Level Since June 2008
Tuesday, August 3, 2010 - 4:00pm | 183NEW YORK, August 2, 2010 –"The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008. The ESI rose to 42.3 in July (see chart above), two points higher than the 40.3 tracked in June...
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Insider Weekends - July 30, 2010
Monday, August 2, 2010 - 1:49pm | 1152Welcome to the eighth edition of Insider Weekends. Insider buying rebounded last week with insiders purchasing $13.42 million of their stock last week when compared to just $3.4 million in the week prior. Selling picked up pace with insiders selling $498.22 million worth of stock. Sell/Buy Ratio:...
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New Oriental Education Maintained At Market Perform At William Blair After Announcing High School In Beijing (EDU)
Friday, July 30, 2010 - 8:53am | 131William Blair is maintaining its Market Perform rating on shares of New Oriental Education & Technology Group (NYSE: EDU) after the Chinese education company announced it is opening an international High School in Beijing. In the report, William Blair writes, "We came across the news that EDU...
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Top 4 Stocks In The Publishing-Books Industry With The Highest ROE (JW-A, PSO, NED, SCHL)
Tuesday, July 27, 2010 - 5:20am | 131Below are the top publishing-book stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at John Wiley & Sons Inc (NYSE: JW-A) is 23.23%. JW-A’s trailing-twelve-month gross profit is $1.17 billion. The trailing-twelve-month return on equity at...
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Apollo Group Vice Chairman Sells Stock: Barron’s (APOL)
Monday, July 26, 2010 - 12:41pm | 101Barron’s has reported that Peter V. Sperling, vice president and vice chairman of Apollo Group’s (NYSE: APOL) board, has sold 100,000 shares of his holdings in the company. The transaction took place at an average price of $47.67 each and the entire deal is expected to be worth $4.8 million....
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Talking Ex-Div. 07-23-2010
Friday, July 23, 2010 - 5:59pm | 769Cusick’s Corner The reality of today’s EU stress test results is that we really do not know what to take from them. Everyone is taking the results with a grain of salt and will be watching for any shift, especially if the economic picture shifts negative. Next week there are a lot of stocks going...
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Not Stressed? 07-23-2010
Friday, July 23, 2010 - 2:25pm | 814Cusick’s Corner The midday trade is tight and there is no directional bias at this stage of the trading day. The stress test results (for the most part) were a non-event and really did not give traders a better view that could potentially influence positioning. Tech looks potentially poised for a...
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Top 5 Percentage Gainers On NYSE (DV, CKH, ENZ, LAD, CMG)
Friday, July 23, 2010 - 2:18pm | 97The Top 10 percentage gainers on the New York Stock Exchange as of 3:00 p.m. (This only includes companies which have traded at least 100,000 shares). Devry (NYSE: DV) is rising 14.11%. SEACOR Holdings Inc. (NYSE: CKH) is rising 12.16% Enzo Biochem, Inc. (NYSE: ENZ) is rising 9.7% Lithia Motors,...
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Calls Sold on Corinthian Colleges (COCO)
Friday, July 23, 2010 - 12:27pm | 122Shares of Corinthian Colleges Inc. (NASDAQ: COCO) are lower on the session by 1.95%, currently trading at $10.05. The stock hit a high of $11.13 earlier in the session, before encountering selling pressure. Options traders are selling calls on the name today. The September $10.00 call was sold...