3 Things University of Phoenix Can Do to Ace the Next Review
Johnny Chen, The Motley Fool - Motley Fool - Tue Jul 22, 4:53PM CDT
This month, Apollo Education Group 's While it may be too late to limit some immediate damage to Apollo's stock price, there are three things it can do to mitigate the impact of future government reviews. No. 1: Don't ignore the regulators ...
Corinthian Colleges Comments on Appointment of Fitzgerald as Monitor Under Operating Agreement With the Department of Education
GlobeNewswire - Mon Jul 21, 6:45AM CDT
Corinthian Colleges, Inc. (Nasdaq:COCO) confirmed today that the Department of Education (ED) has selected Patrick Fitzgerald of Skadden, Arps, Slate, Meagher & Flom LLP to fill the monitor role under its Operating Agreement with the Department. During discussions with the Department in late June regarding a memorandum of understanding, Corinthian proposed the appointment of an independent monitor to oversee and validate the Company's compliance with the Operating Agreement and certain other aspects of the Company's business. The Company agreed to pay all costs associated with the monitor.
New York opens inquiry into DeVry advertising
AP - Fri Jul 18, 11:41AM CDT
NEW YORK (AP) — New York's attorney general has opened an inquiry into whether DeVry TV advertisements and other marketing violated federal and state laws prohibiting false advertising and deceptive practices, the for-profit education company said in a regulatory filing Friday.
Why For-Profit Education Institutions Should Be Sent to Detention
at The Street - Thu Jul 17, 1:57PM CDT
The industry relies heavily on the government so there must be stricter policies and quality control mechanisms put in place.
Apollo Education to Face Financial Aid Scrutiny by DoE - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 15, 12:30PM CDT
Apollo Education Group, Inc. (APOL) revealed that the DoE intends to review the administration of student financial aid by its flagship subsidiary, University of Phoenix (UOP).
Univ. of Phoenix faces gov't financial aid review
AP - Mon Jul 14, 5:06PM CDT
NEW YORK (AP) — Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.
Will Bridgepoint Be the Next Corinthian or the Next Grand Canyon?
Johnny Chen, The Motley Fool - Motley Fool - Wed Jul 09, 4:14PM CDT
Bridgepoint Education is at a crossroads of challenges and opportunities. It is facing government regulatory pressures like its competitor Corinthian Colleges . But Bridgepoint could attract more applicants to its schools following a marketing...
Corinthian Colleges seeking to reassure students
By BEN NUCKOLS - AP - Tue Jul 08, 4:35PM CDT
SILVER SPRING, Md. (AP) — A for-profit education company sought to reassure nervous students Tuesday that they'll be able to finish their degrees even though their campuses were being closed amid concerns from the Education Department about its practices.
Why Education Management Corp. (EDMC) Stock Is Falling Today
at The Street - Tue Jul 08, 2:55PM CDT
Education Management Corp (EDMC) stock is dropping as for-profit colleges face the possibility of stricter regulatory action following the collapse of Corinthian Colleges (COCO).
Corinthian Shares Tumble; Puts up Colleges for Sale - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 08, 1:10PM CDT
Shares of Corinthian Colleges, Inc. (COCO) plunged more than 20% after it announced plans to put up 85 of its campuses for sale and eventually shut down operations at another 12.
Stock to Watch: Corinthian Colleges Down 16.0% (COCO)
Comtex SmarTrend(R) - Mon Jul 07, 10:09AM CDT
Corinthian Colleges (NASDAQ:COCO) is one of today's worst performing penny stocks, down 16.0% to $0.24 on 1.1x average daily volume. Thus far today, Corinthian Colleges has traded 4.8 million shares, vs. average volume of 4.4 million shares per day. The stock has underperformed the Dow (-16.0% to the Dow's -0.4%) and underperformed the S&P 500 (-16.0% to the S&P's -0.4%) during today's trading.
For-profit college to sell most campuses
By KIMBERLY HEFLING - AP - Fri Jul 04, 10:26AM CDT
WASHINGTON (AP) — The troubled for-profit education company Corinthian Colleges Inc. and the Education Department reached an agreement late Thursday that has 85 of the company's 100-plus campuses going up for sale, and 12 others closing.
Corinthian Colleges, U.S. Department of Education Sign Operating Agreement
GlobeNewswire - Thu Jul 03, 10:50PM CDT
Corinthian Colleges, Inc. (Nasdaq:COCO) announced today that it has signed an operating agreement with the U.S. Department of Education that establishes an orderly transition plan for its 107 campuses and online programs, and allows its students to complete their educational programs. ED has also provided for an immediate drawdown of Title IV (student financial aid) funds for currently enrolled students and a mechanism for continued funding while the agreement is in place.
For-profit college co. doesn't seal deal with feds
By KIMBERLY HEFLING - AP - Wed Jul 02, 10:24AM CDT
WASHINGTON (AP) — The troubled for-profit education company Corinthian Colleges Inc. and the Education Department failed to meet a deadline to map out the future of the company's more than 100 campuses, but both sides on Wednesday expressed optimism that a consensus would be reached.
Corinthian Colleges, U.S. Department of Education Continue to Negotiate Operating Agreement
GlobeNewswire - Wed Jul 02, 8:58AM CDT
Corinthian Colleges, Inc. (Nasdaq:COCO) announced today that it continues to work cooperatively with the U.S. Department of Education (ED) to complete an operating agreement as contemplated by the previously announced Memorandum of Understanding. The company and ED expect to have the agreement completed over the next few days.
Why Is Corinthian Colleges in Crisis?
Johnny Chen, The Motley Fool - Motley Fool - Sun Jun 29, 6:18PM CDT
Corinthian Colleges has reached a memorandum of understanding with the Department of Education (DOE) that ensures the continued operation of its schools. While Corinthian will get $16 million in federal student aid funds it has earned through...
Investors look to Lighten Up on Shares of Corinthian Colleges, Shares Down 9.9% (COCO)
Comtex SmarTrend(R) - Fri Jun 27, 12:45PM CDT
Corinthian Colleges (NASDAQ:COCO) is one of today's worst performing penny stocks, down 9.9% to $0.27 on 1.0x average daily volume. Corinthian Colleges has traded 3.8 million shares thus far today, vs. average volume of 3.7 million shares per day. The stock has underperformed the Dow (-9.6% to the Dow's -0.4%) and underperformed the S&P 500 (-9.6% to the S&P's -0.2%) during today's trading.
Senators: Corinthian should stop new enrollments
AP - Thu Jun 26, 4:13PM CDT
NEW YORK (AP) — A dozen U.S. senators, all Democrats, are pushing Corinthian Colleges Inc. to stop accepting new students in a letter to the Department of Education.
Technical Coverage on Education Services Stocks -- Research on CorinthianColleges, ITT Educational Services, TAL Education, and New Oriental Education and Technology
PR Newswire - Thu Jun 26, 5:40AM CDT
The trading session on Wednesday, June 25, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,867.51, up 0.29% and the NASDAQ Composite closed at 4,379.76, up 0.68%. The S&P 500 finished the day 0.49% higher at 1,959.53. The gains were broad based as nine out of the ten sectors finished on a positive note. The S&P 500 Consumer Discretionary Sector Index finished the day at 527.93, up 0.82%, and the index has gained 2.41% in the previous one month. Investor-Edge has initiated coverage on the following equities: Corinthian Colleges Inc. (NASDAQ: COCO), ITT Educational Services Inc. (NYSE: ESI), TAL Education Group (NYSE: XRS) and New Oriental Education & Technology Group Inc. (NYSE: EDU). Free technical research on COCO, ESI, XRS and EDU can be downloaded upon signing up at:
Apollo Education's Fiscal Q3 Enrollment Decline Slows
at Investor's Business Daily - Wed Jun 25, 10:59AM CDT
Despite suffering sharp year-to-year declines in earnings and revenue, Apollo Education Group beat estimates for its third quarter as the enrollment decline slowed in its flagship for-profit University of Phoenix. Apollo Education Group (APOL) earned...