On June 5, 2014, Apollo Education Group, Inc. (NASDAQ:APOL) and Gregory W. Cappelli, the Company’s Chief Executive Officer, entered into an employment agreement (the “Restated Agreement”) that amends and restates the existing employment agreement between the Company and Mr. Cappelli dated April 2, 2011. Apollo Education Group Inc (NASDAQ:APOL) net profit margin is 6.50% and weekly performance is 2.76%. On last trading day company shares ended up $27.54. Analysts mean target price for the company is $33.50. Apollo Education Group Inc (NASDAQ:APOL) distance from 50-day simple moving average (SMA50) is -4.84%.
On May 19, After reporting 1Q2014 results that exceeded Wall Street estimates, Strayer Education Inc (NASDAQ:STRA) looks forward to undertaking more cost reduction efforts to support financial savings and maximize shareholder value. The company intends to save $50 million in operating expenses every year. The post-secondary education provider earned $1.40 per share in 1Q against the consensus estimate of $1.29. Although the company exceeded Wall Street expectation for the quarter, its revenue dropped in 1Q mainly due to poor student enrollment in the quarter compared with a year earlier. Strayer Education Inc (NASDAQ:STRA) shares fell -0.38% in last trading session and ended the day on $55.15. Gross Margin is 38.60% and its return on assets is 5.50%. Strayer Education Inc (NASDAQ:STRA) quarterly performance is 16.13%.
On May 9, 2014 Lincoln Educational Services Corp (NASDAQ:LINC) announced that Paul E. Glaske notified the Company of his intention to retire from the Company’s board of directors. Mr. Glaske will remain a member of the Company’s board of directors until such time that his successor is appointed to ensure a successful transition. Lincoln Educational Services Corp (NASDAQ:LINC) shares moved up 1.36% in last trading session and was closed at $3.72, while trading in range of $3.60 – $3.75. Lincoln Educational Services Corp (NASDAQ:LINC) year to date (YTD) performance is -24.08%.
Universal Technical Institute Inc. (NYSE:UTI) sponsored scholarships ranging from $1,000 to $5,000 to the top three individuals placing in the Agricultural Mechanics Career Development Event. Universal Technical Institute, Inc. (NYSE:UTI) ended the last trading day at $11.80. Company weekly volatility is calculated as 3.96% and price to cash ratio as 3.24. Universal Technical Institute, Inc. (NYSE:UTI) showed a positive weekly performance of 3.96%.
On May 8, Education Management Corp (NASDAQ:EDMC) the for-profit college operator partly owned byGoldman Sachs Group Inc. (GS), must face a 7-year-old lawsuit alleging it engaged in a fraud to wrongfully obtain more than $11 billion in student aid. Education Management Corp (NASDAQ:EDMC) net profit margin is -20.60% and weekly performance is -4.28%. On last trading day company shares ended up $1.79. Analysts mean target price for the company is $3.88. Education Management Corp (NASDAQ:EDMC) distance from 50-day simple moving average (SMA50) is -43.22%.