When the Consumer Financial Protection Bureau sued ITT Education Thursday, there was one comment that should send shivers through the for-profit education industry.» Read More
If investors in for-profit education companies didn’t get the risks associated with the group before Apollo Group reported earnings last night, they just got hit over the head with a two-by-four.
September PPI, up 0.4 percent, was hotter than expected, initial jobless claims were a bit higher than expected—but the big discussion on desks was the continuing weakness in the dollar, which lost ground against most major currencies.
The Department of Education, which issued a timeline Friday for the 14 issues in its gainful employment ruling, continued to cause volatility among players in the for-profit college arena.
After making the short heard 'round the world with his bet against the subprime housing market, here's what Steve Eisman, one of the key players in "The Big Short," is betting against now.
As a main character in Michael Lewis’s bestseller, “The Big Short,” Eisman is best known for getting the subprime crisis right. But at the time, his attempts to warn regulators were ignored. This time they’re listening, especially after he capitalized on his role in the book with a report last June at an investment conference headlined, “Subprime Goes to College.”
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
As for-profit college scrutiny increases, executive compensation at these companies may be worth a look.
An investigation by the Government Accountability Office (GAO) contends that for-profit colleges encouraged fraud and engaged in deceptive and questionable marketing practices.
Traders were buying calls in Apollo Group as the education company's stock climbed off multi-year lows Friday.
Take a look at why these six stocks are worth watching.
Here's what analysts and others say they're watching before the bell Thursday.
A bitter battle is now brewing between a noted short-seller and the for-profit education industry.
Rule No. 1 for companies engaged in battles with short-sellers should be: Don’t attack them and if you do—don’t make it personal. Doing so is often viewed as trying to divert attention away from the issue.
Marc Harris, co-head of Global Research at RBC Capital Markets, and Bob Phillips, managing partner at Spectrum Management Group, told CNBC how investors should prepare their portfolios for the week ahead.
Stocks edged lower Friday morning, but Bob Auer, portfolio manager at Auer Growth Fund, said investors should still be bullish on the markets. He shared his outlook, sector recommendation and favorite stock pick.
Considering investors stepped into this market and bid shares higher even with unemployment at a 26-year high, is it safe to assume the bulls are back?
ITT Educational Services drew some upside options activity yesterday as for-profit schools find themselves with a rush of applicants resulting from rising unemployment.
Stocks closed higher as some mildly optimistic economic news helped Wall Street begin the second quarter on a positive note.
Here is a breakdown of where the jobs are right now by sector. See what companies are hiring what types of jobs and in which states. Click through to see all major sectors.
At a time when fewer and fewer people can afford to pay for college, these schools are going out of their way to make higher education even more expensive. Their justification? Endowments haven't done so well lately. Since when did Penn or Harvard or Yale become for-profit institutions?