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Elite Education Group IPO: What Investors Should Know
Thursday, March 25, 2021 - 8:30am | 462A company specializing in helping Chinese students study abroad in the U.S. is set to go public by selling 750,000 units in its IPO. The IPO: Elite Education Group International (NASDAQ: EEIQ) plans on listing units at a price of $8 each. Each unit will include a common share of stock and two...
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A Trump Win Lightens The Regulatory Risk For DeVry Education
Wednesday, November 9, 2016 - 4:52pm | 308Trace Urdan of Credit Suisse upgraded shares of DeVry Education Group Inc (NYSE: DV) to Outperform from Neutral with a price target raised to $30 from a previous $24, as the education company will see more favorable policies out of a Trump administration. Why Trump Matters Under current federal law...
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Education Stocks Under Pressure Following Apollo Education Group's Concerning Guidance
Thursday, April 7, 2016 - 11:35am | 324Apollo Education Group Inc (NASDAQ: APOL) reported after Wednesday's market close a worse than expected second quarter print and concerning guidance. Apollo Education said it "continues to experience headwinds causing further reductions to the operating outlook for the year." The...
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Apollo Up 28% After Announcing It Will Be Acquired
Monday, February 8, 2016 - 10:07am | 318Shares of Apollo Education Group Inc (NASDAQ: APOL) gained 28 percent early Monday morning after the company confirmed it will be taken private in a transaction which values the company at $1.1 billion. Apollo Education reported that it has agreed to sell itself to a consortium of investors for...
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DeVry Education Responds To FTC Complaint, Notes Its Use Of Statistics In Advertisements Is 'Appropriate'
Wednesday, January 27, 2016 - 3:42pm | 289Shares of DeVry Education Group Inc (NYSE: DV) were halted Wednesday afternoon after the Federal Trade Commission confirmed it has filed a suit against the company's operators for alleged misleading advertisement. According to the FTC, DeVry's advertisements "deceived consumers...
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Strayer Education Announces Acquisition Of New York Code And Design Academy
Tuesday, January 19, 2016 - 9:19am | 150Strayer Education Inc (NASDAQ: STRA), an education services holding company, on Friday announced that it has acquired the New York Code and Design Academy, a provider of non-degree web and mobile app development courses. The New York Code and Design Academy offers students a program...
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Analysts Dissect Apollo Education's First Quarter Results
Wednesday, January 8, 2014 - 5:03pm | 616On Tuesday, Apollo Education Group (NASDAQ: APOL) released its first quarter results. The company reported an EPS of $1.04, ahead of the Street's estimate of $0.90. Revenue missed the Street's estimate by $4.28 million coming in at $856.3. Compass Point Research: Moving to Neutral Michael...
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New Oriental Education Earnings Preview: More Strong Sales Growth Expected
Friday, July 15, 2011 - 10:06am | 616New Oriental Education & Technology Group (NYSE: EDU) is scheduled to report fourth-quarter fiscal 2011 results Monday, July 18, before the markets open. The company has bucked the trend of declines in other Chinese education providers, and it has also seen strong revenue growth in recent...