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ITT Educational Services Inc

  • Correction: ITT Educational-Fraud Charges story Thursday, 14 May 2015 | 3:01 PM ET

    In a story May 12 about the Securities and Exchange Commission filing fraud charges against ITT Educational Services, The Associated Press erroneously spelled the last name of ITT's CEO the first reference. ITT Educational faces SEC charges of student loan cover-up. The SEC case in Indiana federal court alleges ITT tried to cover up troubles that began to...

  • AOL and Rackspace are big market movers Tuesday, 12 May 2015 | 5:04 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. AOL Inc., up $7.93 to $50.52. Rackspace Hosting Inc., down $7.17 to $45.96.

  • *SEC says company hid information from investors, auditor. In a complaint filed in the federal court in Indianapolis, the SEC accused ITT, Chief Executive Kevin Modany and CFO Daniel Fitzpatrick of hiding how ITT expected to owe hundreds of millions of dollars because its underlying loans had performed "abysmally," with "extremely high" default rates.

  • The SEC case in Indiana federal court alleges ITT tried to cover up troubles that began to infect the student loan portfolios in late 2011, misleading investors about the financial risks facing the Carmel, Indiana, company. ITT strongly disputed the SEC's allegations, but the case nevertheless raised doubts about the company's future and sent its stock to an...

  • Short courses offer hope to U.S. education companies Tuesday, 13 Jan 2015 | 1:43 PM ET

    Larger for-profit education companies, including Apollo Education Group Inc and ITT Educational Services Inc, have seen their enrollments dwindle in the face of increased regulatory scrutiny for issues including student loans, poor placements and low graduation rates. For-profit education providers should increase focus on shorter online courses to...

  • Total enrollments at Apollo's flagship University of Phoenix dropped 20.4 percent to 592,853 in the quarter ended Nov. 30. Corinthian Colleges Inc and ITT Educational Services are under the U.S. government's scrutiny over their student loans and placement rates. Phoenix, Arizona-based Apollo forecast revenue of $580 million- $595 million for the second...

  • Midday movers: Aeropostale, Netflix, Textron & more Friday, 17 Oct 2014 | 1:18 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Friday's midday movers:

  • Midday movers: Alibaba, Apple, Caterpillar & more Friday, 19 Sep 2014 | 1:22 PM ET
    Trader on the floor of the New York Stock Exchange during Alibaba IPO, September 19, 2014.

    Some of Friday's midday movers:

  • Early movers: COH, CVS, ADM, AIG, TM, SHLD & more Tuesday, 5 Aug 2014 | 7:35 AM ET
    A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

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

  • Midday movers: Bon-Ton Stores, DR Horton & More Thursday, 22 May 2014 | 12:03 PM ET

    Some of Thursday's midday movers:

  • Greenberg: Why for-profit colleges should shiver Thursday, 27 Feb 2014 | 3:31 PM ET

    When the Consumer Financial Protection Bureau sued ITT Education Thursday, there was one comment that should send shivers through the for-profit education industry.

  • Midday movers: PepsiCo, Sotheby's, eBay & More Thursday, 27 Feb 2014 | 12:07 PM ET

    Some of Thursday's midday movers:

  • After-hours buzz: Apple, Seagate Technology & More Monday, 27 Jan 2014 | 2:26 PM ET

    Companies making headlines after the bell Monday.

  • A Short Squeeze for ITT Educational? Friday, 12 Apr 2013 | 9:22 AM ET

    ITT Educational Services has been parked at long-term lows, but now the bears are getting nervous.

  • ITT Educational's profit falls 36 percent Thursday, 25 Oct 2012 | 11:08 AM ET

    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.

  • Enrollment falling at for-profit colleges Friday, 19 Oct 2012 | 1:36 PM ET

    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.

  • Paying for College: The Gift of Giving (Tax-Free) Monday, 24 Sep 2012 | 12:31 PM ET
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    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.

  • Basketball playing robot built by students.

    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.

  • Stocks to Watch: WDC, STX, STRA & More Thursday, 26 Jul 2012 | 12:18 PM ET
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    Take a look at some of Thursday's midday movers: