DOWNERS GROVE, Ill.-- DeVry Inc.' s fiscal first-quarter profit fell 44 percent on declining enrollment, but the for-profit education company beat market expectations. DeVry and other for-profit education companies have struggled for more than a year with the impact of new government regulations and increased scrutiny.
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.
NEW YORK, Oct 1- Small cap stocks rallied on Monday as a surprise expansion in the U.S. manufacturing sector quieted concerns about economic growth at a time when central banks are seen continuing to support markets. The ISM number suggests that things are not that bad, "said Adam Sarhan, chief executive officer at Sarhan Capital in New York."
Goldman Sachs strategists expect the “fiscal cliff” to push the market lower in the fourth quarter, and they recommend investors sell the stocks that have lagged so far this year.
The clock is ticking on tax rules that may change on January 1, 2013 and could impact the way parents contribute to a college education.
Mountain Home Career Academies High School has taken a big gamble over the last decade. It transformed itself from a traditional high school into one consisting of three academies--engineering, communications, and healthcare.
Check out which companies are making headlines after the bell Monday.
Check out which companies are making headlines after the bell Thursday:
Traders are watching to see if the S&P 500 can break meaningfully above 1400, a three-month high water mark for the stock market, which could help propel it toward a new high for the year.
Stocks quickly clawed back in the final hour of trading Tuesday but still ended lower, with the Dow logging its third-consecutive triple-digit loss, pressured by ongoing worries in the euro zone.
Check out which companies are making headlines after the bell Monday:
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.
This is as bizarre as it gets: The Education Department today released so-called “Gainful Employment” data that ultimately determines whether the schools should qualify for aid. At least two companies have said the data is inaccurate — and (the bizarre part!) not in their favor.
If you regularly trade the XLF, the GLD or 3 other popular ETFs, you may be making a giant mistake.
With more than $1 trillion in student loans outstanding in this country, crippling debt is no longer confined to select groups. Now, nearly everyone pursuing a bachelor’s degree is borrowing, the New York Times reports.
Companies are looking for ways to spend their cash—whether in dividends or acquisitions, according to a CNBC analysis of recent conference calls after earnings.
Paraskevidekatriaphobia is the fear of Friday the 13th, but investors should not be too frightened.
With $3.5 trillion under management, BlackRock president Rob Kapito is always watching for opportunities. Here's what he's spotted.
The "Mad Money" host explains what makes him nervous about this group.