*Expects to save at least $300 million in 2014. Oct 23- University of Phoenix owner Apollo Group Inc stunned Wall Street with its ability to trim fat and by finally reporting a slowdown in new enrolment declines, lifting shares of the for-profit education companies.
SAN FRANCISCO, Oct 10- The state of California filed suit against Corinthian Colleges Inc for misrepresenting job placement rates to its students and investors, employing false and predatory advertising, and for securities fraud, according to a court filing on Thursday.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Monday:
Stocks finished well off their earlier lows in volatile trading Thursday, as techs recovered in the final minutes of trading, but brewing worries over Europe kept a damper on gains.
U.S. stock index futures pared their gains Thursday following policy announcements from both the Bank of England and the European Central Bank and as investors digested a pair of mixed economic reports.
Graham Tuckwell is making news for giving away his children's inheritance. CNBC's Robert Frank takes a look at children of the wealthy like Paris Hilton and Ivanka Trump to see if money has "poisoned" them.
Recent data released by the Department of Education shows that students at for-profit schools have the highest default rates on student loans.
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.
Shares of Corinthian Colleges are lower after the company misses Q4 estimates, with CNBC's Herb Greenberg.
If you’re a Bridgepoint investor, Monday’s press release must have left you feeling like you bombed your final exam before graduation. If you haven’t already panicked out of your position, you could feel better when Bridgepoint bounces back, likely later in the week.
The S&P small-cap 600 index reached a new high Tuesday as U.S. equities appear to be on track to close the first quarter of 2012 with their best performance since 1998.
The bulls are headed back to school at Corinthian Colleges.
If the U.S. debt limit is not increased by Congress, the troubled for-profit education industry would be among the first to take a hit.
Stocks lost steam in the last few minutes of trading to close mixed Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
Stocks rebounded from earlier lows, but wavered ahead of the close Thursday ahead of the government's monthly jobs figure and after EU officials said no agreement has been reached on additional funding for Greece.
Stocks fluctuated on Thursday following mixed news on the economy a day after the market suffered its biggest losses since last August.
Futures held slight after news of a slight dip in jobless claims that fell short of expectations. The firmer tone comes a day after the market suffered its biggest losses since last August as investors waited for more clues on the strength of the economy ahead of Friday's government jobs report.
Following are moves you might have missed. Find out why shares of Molycorp and Best Buy popped while Marvell Technology and Corinthian Colleges dropped.
Say this for Washington Post: When reality hit regarding the impact of changes in rules that relate to for-profit education and its Kaplan Higher Education unit, the company wasted little time getting ahead of the curve.