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With CFBP's Ruling On Bridgepoint, It's Time To Revisit Credit Suisse's Advice
Tuesday, September 13, 2016 - 9:28am | 512The Consumer Financial Protection Bureau (CFBP) took action on Monday against Ashford University and the University of the Rockies, two for-profit colleges operated by Bridgepoint Education Inc (NYSE: BPI). The CFPB is forcing Bridgepoint to pay more than $24 million as part of a settlement...
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ITT Educational Services Surges Following 8-K Release
Thursday, January 21, 2016 - 3:50pm | 215Shares of ITT Educational Services, Inc. (NYSE: ESI), a small-cap provider of postsecondary degree programs, surged higher by more than 16 percent on Thursday. ITT Educational Services reported in an 8-K filing that it received a Civil Investigative Demand from the U.S. Department of Justice...
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SEC Charges ITT Educational Services Executives With Fraud, Peers Trading Lower
Tuesday, May 12, 2015 - 12:34pm | 398Shares of ITT Educational Services, Inc. (NYSE: ESI) plunged more than 40 percent after the company received notice that the Securities And Exchange Commission will investigate fraud charges against the company's Chief Executive Officer Kevin Modany, and its Chief Financial Officer Daniel...
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Market Wrap For January 30: Markets Focus on Good News
Thursday, January 30, 2014 - 6:06pm | 2831U.S. stocks rose on Thursday as investors and traders focused on the positives. Data showed that the economy expanded in the fourth quarter as consumer spending gained traction. "Today the market is focused on the good news, or the developed world," Bill Stone, chief investment strategist at...
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UPDATE: Piper Jaffray Color on ITT Educational Services PT Increase
Monday, June 13, 2011 - 7:34am | 94Piper Jaffray, which raised its PT on shares of ITT Educational Services (NYSE: ESI), is providing some color on the stock. “Following the Department of Education's release of its final Gainful Employment rules, meaningful regulatory clarity in the for-profit post-secondary education sector has...
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Deutsche Bank Lowers PT On COCO To $4.50, Raises PT On ITT To $85
Friday, June 10, 2011 - 6:00am | 44Deutsche Bank has lowered the price target on Corinthian Colleges (NASDAQ: COCO) from $5.75 to $4.50 and has raised the price target on ITT Education Services (NYSE: ITT) from $75 to $85.
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Morgan Stanley's PT Changes For 6/9
Thursday, June 9, 2011 - 8:20am | 92Morgan Stanley has raised the price target on the following companies: American Public Education (NASDAQ: APEI) Overweight, PT from $41 to $44 Apollo Group (NASDAQ: APOL) Overweight, PT from $50 to $54 DeVry (NYSE: DVY) Overweight, PT from $60 to $65 ITT Educational Services (NYSE: ESI)...
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Goldman Sachs Raises PT On APOL, EDMC, DV, ESI, STRA
Thursday, June 9, 2011 - 5:57am | 86Goldman Sachs has changed the price targets on the following companies: Apollo Group (NASDAQ: APOL) Buy, from $54 to $59 Education Management (NASDAQ: EDMC) Sell, from $17 to $19 DeVry (NYSE: DV) Neutral, from $64 to $69 ITT Educational Services (NYSE: ESI) Neutral, from $83 to $90 Strayer...
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Citigroup Raises PT On ITT Educational Services To $79
Monday, April 25, 2011 - 5:51am | 27Citigroup has raised the price target on ITT Educational Services (NYSE: ESI) from $77 to $79 and maintains its Hold rating.
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Piper Jaffray Expects Fundamental Challenges To Weigh On ESI, CECO
Tuesday, March 1, 2011 - 8:17am | 117Easing regulatory worries (helped by a House vote to deny funding for Gainful Employment implementation) has translated into strong absolute and relative performance from ITT Educational Services Inc. (NYSE: ESI) and Career Education Corp. (NASDAQ: CECO) (up 19.1% and 16.3%, respectively YTD), two...
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Piper Jaffray On Business & Learning Services
Tuesday, November 23, 2010 - 8:30am | 272Piper Jaffray has issued a report on Business & Learning Services after partaking in the Phoenix Education Tour. In the report, Piper Jaffray writes "We came away from a recent series of company visits feeling incrementally more positive on the outlook for the postsecondary stocks over the next...