Tag: APOL

Major Movers on July 11; PSMT, DHI, APOL, AMD, RMTI

Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs at discounted prices at PriceSmart, which is reflected by consistent double digit quarterly revenue growth in last three years.

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HLC Extends University of Phoenix’s Accreditation (APOL)

For profit education provider, Apollo Group Inc. (NASDAQ: APOL) said in its SEC filing on Wednesday that the Higher Learning Commission (HLC) has reaffirmed accreditation of the University of Phoenix until 2022-2023; however, the university has been placed under “Notice” status for two years.

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Major Movers on June 26; FCFS, APOL, SWHC, SYNA, ADBE, P

Shares of First Cash Financial Services Inc. (NASDAQ: FCFS) slumped about 10.70% by afternoon trade. The pawn store operator, late last evening, handed downbeat earnings outlook for the fiscal second quarter and downwardly revised full year revenue guidance. For the fiscal second quarter, First Cash Financial Services Inc expects earnings to be in the range of 56 cents to 59 cents a share while analyst’ consensus estimate was for 60 cents a share. For the full-year fiscal, the Company expects revenue in the range of $275 million to $290 million down from earlier projection of $310 million to $324 million. Analysts’ forecast was for $310 million.

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Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS

Shares of Veeco Instruments Inc. (NASDAQ:VECO) rallied on Monday after analysts at Canaccord Genuity boosted their rating on the stock to “buy” from “sell”, citing that LED market has bottomed out and stock offers attractive valuation.

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Apollo’s Q2 Profit Plunges 79% But Shares Rally (APOL)

Although Apollo Group Inc. (NASDAQ: APOL) reported that fiscal second-quarter profit slumped 79% as enrollments fell, shares of the for-profit education company rallied on Monday as it handed better-than-expected non-GAAP earnings and revenue.

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Major Movers on January 9; AA, CLWR, DISH, S, APOL, FB, NUVA, STX

Shares of Alcoa Inc. (NYSE: AA) gained on Tuesday. The aluminum giant, whose results are considered as an economic bellwether, swung into profit in the fiscal fourth quarter. Earnings after excluding onetime gains were in line with analysts’ expectation. The Company also boosted its outlook on global aluminum demand for 2013. Alcoa now expects global aluminum demand will grow by 7 percent in 2013, up from its previous projection of 6.5 percent growth.

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Apollo Posts Better Than Expected Quarterly Results (APOL)

U.S.’s largest for profit education chain, Apollo Group Inc. (NASDAQ: APOL) reported on Monday that its fiscal third quarter profit dropped sharply owing to lower enrollment. However, company’s shares jumped to an eight month high on Tuesday as its quarterly earnings and revenues surpassed Wall Street expectations. The company also raised its full-year profit guidance.

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