*Expects to save at least $300 million in 2014. Oct 23- University of Phoenix owner Apollo Group Inc stunned Wall Street with its ability to trim fat and by finally reporting a slowdown in new enrolment declines, lifting shares of the for-profit education companies.
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."
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.
Cramer makes the call on viewers' favorite stocks.
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.
Here's why you should keep a close eye on these six stocks.
For-profit schools are back in focus today after the Education Department’s release of 2008 three-year student default rates.
Stocks ended mixed, but off the lows of the session, amid rekindled European debt worries and as investors awaited the start of the earnings season.
Stocks pared some of their earlier losses as tech stocks gained, but remained under pressure for a third straight session Monday amid rekindled European worries and as investors awaited the start of the earnings season. AT&T and DuPont fell, while BofA rose.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Stocks fell as investors awaited the start of the earnings season and shrugged off a spate of mergers and acquisitions activity. DuPont and Microsoft fell fell, while GE rose.
Strayer Education and other for-profit education companies are taking a big hit on Monday. On late Friday, after the market’s close, Strayer had announced worse-than-expected enrollment results.
The Education Department is trying to crack down on high dropout and default rates at for-profit colleges and universities..
Once the darlings of Wall Street, for-profit education companies have seen their market value plunge to the lowest level in 52 weeks, leaving investors to wonder if the industry would be able to survive in its current form. An index of nine for-profit education companies, the S&P 1500 Education Services Index is down nearly 30 percent for the year.
If you're an investor in for-profit schools, note this heads-up: Profit margins are likely headed down—and not by a small amount.
With the highly anticipated Federal Reserve policy meeting a day after the election on Wednesday, a steady stream of quarterly results and the nonfarm payrolls number later in the week, investors will have an overload of information to digest. ...A report from TheStreet.