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Corinthian Colleges Inc

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  • Univ. of Phoenix faces gov't financial aid review Monday, 14 Jul 2014 | 5:07 PM ET

    NEW YORK— 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.

  • July 4- Corinthian Colleges Inc said late on Thursday that it had reached a deal with the U.S. Department of Education to sell most of its 107 campuses and wind down others, underscoring some of the struggles facing for-profit colleges across the country. Last month the company said it was receiving $16 million in federal aid from the Department of Education.

  • June 23- Corinthian Colleges Inc said it would receive $16 million in federal aid from the U.S. Department of Education that would prevent the for-profit education provider from a cash shortfall.

  • June 23- Corinthian Colleges Inc said it reached an agreement with the U.S. Department of Education that would prevent the for-profit education provider from having a cash shortfall.

  • June 23- Corinthian Colleges Inc said it reached an agreement with the U.S. Department of Education that would prevent the for-profit education provider from having a cash shortfall.

  • *Department of Education raises financial oversight. June 19- For-profit education provider Corinthian Colleges Inc said Its ability to continue as a going concern was in jeopardy after the U.S. Department of Education extended the waiting period to draw down federal student aid funds.

  • June 19- Corinthian Colleges Inc, a U.S. for-profit education provider, said it may not be able to continue as a going concern after the Department of Education delayed some reimbursements related to a student loan program.

  • Corinthian Colleges raises "going concern" doubts Thursday, 19 Jun 2014 | 9:08 AM ET

    June 19- Corinthian Colleges Inc, a U.S. for-profit education provider, said it may not be able to continue as a going concern after the Education Department delayed some reimbursements. The Education Department has increased the period in which Corinthian is refunded some disbursements to 21 days from 24-72 hours, Corinthian said in a regulatory filing.

  • May 22- ITT Educational Services Inc, a for-profit college operator, withdrew its full-year forecast and warned of a fall in new enrollment after rising for three straight quarters, adding to the uncertainty surrounding the sector.

  • *Board hires Barclays to explore strategic options. May 6- Corinthian Colleges Inc said it has breached debt covenants due to $76.5 million in charges, and said it had hired Barclays Plc to explore strategic options.

  • *Third-quarter profit $0.03/ shr vs est. May 6- Corinthian Colleges Inc said it would explore strategic alternatives as student enrollments decline and the company faces potential legal action from U.S. regulators. The California- based company faces potential legal action from U.S. consumer regulators over issues related to student loans.

  • May 6- Corinthian Colleges Inc said it would explore strategic alternatives as student enrollments decline and the company faces potential legal action from U.S. regulators. The for-profit education company said its board had authorized the retention of an investment bank to explore its options.

  • WASHINGTON, March 14- For-profit colleges on Friday criticized the Obama administration's proposal to deny federal funding to career-training institutions that students leave with high levels of debt.

  • Career Education gets inquiry from attorneys general Monday, 27 Jan 2014 | 10:03 AM ET

    Jan 27- For-profit education company Career Education Corp said it received inquiries from 12 state attorneys general related to its enrollment practices and student loans. The U.S. Consumer Financial Protection Bureau said earlier this month that it was considering legal action against Corinthian Colleges Inc over issues related to student loans.

  • Early Movers: LULU, SNE, S, BA, GM & More Tuesday, 11 Jun 2013 | 7:53 AM ET

    Some of the names on the move ahead of the open.

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  • Stocks End Off Lows, but EU Weighs; Apple Up 3% Thursday, 7 Feb 2013 | 5:12 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S

    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.

  • Futures Shave Gains After Economic Reports Thursday, 7 Feb 2013 | 8:35 AM ET

    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.

  • Does Money Ruin Kids?     Wednesday, 6 Feb 2013 | 4:51 PM ET

    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.

  • Sector Snap: Education companies mostly decline Monday, 15 Oct 2012 | 2:22 PM ET

    Recent data released by the Department of Education shows that students at for-profit schools have the highest default rates on student loans.