Wall Street Ends Lower on Renewed Cyprus Worries
Stocks fell on Monday on renewed concerns about Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500 to less than a point away from its record close.
Stocks fell on Monday on renewed concerns about Cyprus and the euro zone, which wiped away earlier gains that drove the S&P 500 to less than a point away from its record close.
Apollo Group -- which operates the University of Phoenix, the largest for-profit college -- says quarterly earnings slid by 79% from a year ago, as fewer students enrolled.
Apollo Group said Monday that its accrediting body was considering placing the company's University of Phoenix subsidiary on probation because of alleged deficiencies involving its administrative structure and governance. Shares of the for-profit education company dropped 4 percent.
There's never a dull moment on Wall Street. Next week brings a Xoom-related media event from Verizon and Motorola Mobility, as well as fourth quarter results from Apple and several of the country's biggest financial institutions.
The quarter winds down this week with earnings reports from a handful of companies including Lennar, Family Dollar and Krispy Kreme. And on Friday, investors will zero in on the March unemployment report, which could have the potential to move the market.
Harrah's Entertainment Inc. said it plans to sell shares to the public, almost three years after the casino operator was taken private by Apollo Global Management and TPG.
Buy-and-hold investing has been a loss for the last decade, and low-risk options will never get you the returns you'll need to retire in style. So how can you find real profits in the market? As venture capitalist and business guru Peter Cohen explains, the answer may be in anticipating surprises.






