NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Williams-Sonoma Inc. fell 12.0 percent to $65.93. Guess Inc. fell 8.8 percent to $23.38.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. GrubHub Inc. fell 8.4 percent to $39.16. MagnaChip Semiconductor Corp. fell 7.4 percent to $11.57.
Aug 4- For-profit college operator ITT Educational Services Inc said Chief Executive Kevin Modany has stepped down as chairman of its board and will resign from his post, effective Feb. 4. ITT said the potential buyer, College Portfolio Buyer LLC, dropped out after ITT refused to extend a due diligence period.
Aug 4- ITT Educational Services Inc's shares fell more than 30 percent to their lowest in 14 years after the for-profit college operator said a deal to sell some of the properties fell through.
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.
May 22- ITT Educational Services Inc, a for-profit college operator, withdrew its full-year forecast and estimated a 4 percent fall in new student enrollments in the first quarter, sending its shares down as much as 17 percent.
When the Consumer Financial Protection Bureau sued ITT Education Thursday, there was one comment that should send shivers through the for-profit education industry.
Some of Thursday's midday movers:
Companies making headlines after the bell Monday.
ITT Educational Services has been parked at long-term lows, but now the bears are getting nervous.
CARMEL, Ind.-- ITT Educational Services Inc. said Thursday that its third-quarter net income fell 36 percent as enrollment fell amid stricter federal regulations that hold for-profit online schools more accountable for graduation rates and job placement.
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.
*Credit Suisse cuts ITT Educational Services Inc to underperform from.
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.
Take a look at some of Thursday's midday movers:
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.
The "Mad Money" host explains what makes him nervous about this group.
As their student enrollments in the United States continue to shrink, some for-profit schools are hoping to find growth opportunities in other countries.
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.