Earnings and Enrollment Slide at University of Phoenix
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.
university of phoenix
Market Minute: University of Phoenix Accreditation at Risk
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.
Wall Street this Week: Keep an Eye on RIMM, Homes, Cards, Schools
Here's some of what will shape the week ahead on Wall Street: BlackBerry-maker RIMM will make a sour report; homebuilder earnings will be up and down; University of Phoenix grades itself; and American Greetings gets a condolence card. Oh, and watch out for window dressing!
What to Watch This Week: Seeds, Sex, Schools and FedEx
On Monday, the stock market will take the day off to shake the confetti out of its hair. But on Tuesday, it'll be back to business as usual on Wall Street. Here are some of the items that will shape the first trading week of 2012.
Reform Is Coming to For-Profit Education Industry
The for-profit education industry has grown rapidly for the past decade on the backs of the most vulnerable members of society. But now, with the Education Department on track to clamp down on abuses, and the Senate planning hearings, it looks like the party may be ending.
