*Career Education agrees to independent monitor. Aug 19- Career Education Corp has agreed to pay $10.25 million to settle a New York state probe in which the for-profit education company was accused of inflating job placement rates to attract prospective students to its schools.
When the University of Phoenix, the country's largest university, announced this week it's closing 115 campuses and satellite locations, it signaled more than a sudden availability of commercial real estate near highway interchanges, where for-profit colleges like to set up shop as a student convenience.
DeVry Inc. was one of the day's biggest gainers, rising $1.11, or 4.9 percent, to $23.87, after peaking at $25.02 earlier in the day.
Take a look at some of Friday's midday movers:
Career Education plunged last week, and the bears are looking for more. OptionMonster's real-time tracking system detected the purchase of 3,200 April 7 puts for $0.20 on Friday. Volume was more than 5 times open interest in the strike.
CNBC's Herb Greenberg has Career Education in his cross-hairs even as the company struggles to keep its accreditation.
Here is a look at some companies that have seen their shares deviate significantly from their 50-day moving averages and have lost more than 50 percent in price year-to-date.
What are some of the country's brightest business students doing in these markets? Cornell University's Johnson School of Management's Oscar Corpancho discusses his investing team's trading strategy now.
What's next for for-profit schools is a rule known best as “gainful employment,” which some might view as a small package with a big stick.
The Education Department today released 13 of 14 new, controversial new rules aimed at curbing abuse at for-profit colleges and post-secondary vocational schools.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
September PPI, up 0.4 percent, was hotter than expected, initial jobless claims were a bit higher than expected—but the big discussion on desks was the continuing weakness in the dollar, which lost ground against most major currencies.
From the bizarre lawsuit file: I was wondering how long it would be before the for-profit college started suing short-sellers.
Traders were buying calls in Apollo Group as the education company's stock climbed off multi-year lows Friday.
During President Obama's first formal address to Congress last night, Mr. Obama emphasized his administration's plans to invest in education. Will President Obama's goal for 2020 give an additional boost to some of these stocks?
Will the day come when all education is delivered online? Cramer asked American Public Education's CEO for an answer.
This group has enjoyed quite the market ride. So Cramer’s wondering if it’s time to get out.
Frisbee throwing and keg parties might never be the same, but more and more people are seeking higher education online. This is how you trade it.
With Sallie Mae and other student lenders struggling to find financing amid the credit squeeze, what’s the trade as fewer students can find access to affordable loans?
Major stock indexes ticked higher Friday though the market was broadly mixed. General Motors skidded, while UBS shares advanced.