Stock index futures pointed to a slight rebound for Wall Street on Wednesday after stocks tumbled in the previous session amid growing concern over the political turmoil in Libya, where Moammar Gaddafi vowed to crush the revolution.
For-profit schools are back in focus today after the Education Department’s release of 2008 three-year student default rates.
It's a busy day for Rupert Murdoch - he launched his long-awaited iPad-only news app "The Daily" and News Corp will report quarterly earnings after the bell.
Gannett, the publisher of USA Today, is considered a bellwether for the newspaper industry, and the news isn't good.
Warren Buffett will retire from the Washington Post board of directors after what he calls a "great 37 years." But he tells the Wall Street Journal that Berkshire will "keep every share of stock we have" in the company.
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.
On November 12, the Washington Post announced that Melinda Gates had resigned as a director of the Washington Post, which gets the lion’s share of its operating income from Kaplan University, a for-profit university.
A report on for-profit colleges charges they deliver “little more than crippling debt.” The New York Times reports.
A year from now, the marriage of Newsweek with the Daily Beast website will bear a “very strong bottom line,” Stephen Colvin, CEO of the newly formed Newsweek Daily Beast Company, told CNBC Tuesday.
Over the last few months, Kaplan and other for-profit education companies have come under intense scrutiny from Congress, amid growing concerns that the industry leaves too many students mired in debt, and with credentials that provide little help in finding jobs. The New York Times reports.
BlackBerrys were buzzing inside Progress Energy in Raleigh, N.C.: in a blink, the 102-year-old utility had been virtually wiped out on Wall Street, the New York Times reports.
The October employment report is not expected to show much in the way of new job growth, but the euphoria over Fed easing may trump any concern in markets Friday.
What follows is a roundup of corporate earnings reports for Friday, Nov. 5
Here's why you should keep a close eye on these six stocks.
The only question you ask after listening to ITT Education’s spacer third quarter conference call was this: What planet are these guys living on?
Stocks plunged Tuesday on a report that a consortium that includes the New York Fed wants to force Bank of America to buy back $47 billion of mortgage bonds. BofA and Alcoa fell, while Coca-Cola rose.
Stocks continued to plunge Tuesday on a report that a consortium that includes the New York Fed wants to force Bank of America to buy back $47 billion of mortgage bonds. BofA and Alcoa fell, while Coca-Cola rose.
Weekly jobless claims should swing market focus back to the U.S. economy Thursday, at least temporarily.