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Career Education Corp (CECO.OQ)

CECO.OQ on NASDAQ Stock Exchange Global Select Market

8.65USD
27 Mar 2017
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$-0.01 (-0.12%)
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Latest Key Developments (Source: Significant Developments)

Career Education Corp reports Q4 loss per share of $0.48
Thursday, 23 Feb 2017 04:05pm EST 

Career Education Corp : Reports results for fourth quarter and full year 2016 . Q4 revenue $155.3 million versus $199.9 million . Qtrly loss per share $0.48 . Says as of end of 2016, total student enrollments for university group were 33,600, compared to 31,900 as of prior year .Says new student enrollments for university group were 9,280 and 35,120 for quarter and year ended December 31, 2016, respectively.  Full Article

Career Education Corp and American Intercontinental University entered into a settlement agreement with Private Plaintiffs
Tuesday, 21 Feb 2017 04:22pm EST 

Career Education Corp : On february 15, 2017, Co and American Intercontinental University entered into a settlement agreement with Private Plaintiffs . Under terms of agreement, company will pay $10 million to United States - SEC filing . In addition to settlement, entered into separate settlement deal with private plaintiffs for claims for attorney's fees, costs .Under terms of this agreement company will pay $22 million to attorneys representing private plaintiffs.  Full Article

Career education Q3 revenue $167.6 mln v/s $203.5 mln
Thursday, 3 Nov 2016 04:05pm EDT 

Career Education Corp : Total student enrollment growth of 1.6 percent as compared to prior year . Career education corporation reports results for third quarter 2016 .Q3 revenue $167.6 million versus $203.5 million.  Full Article

Kenda Gonzales joins Career Education Corporation board of directors
Wednesday, 26 Oct 2016 09:00am EDT 

Career Education Corp : Kenda Gonzales joins Career Education Corporation board of directors .Gonzales was also appointed to audit committee of board of directors.  Full Article

Career Education reports Q2 revenue of $182.6 mln
Wednesday, 3 Aug 2016 04:05pm EDT 

Career Education Corp : Career Education Corp. reports results for second quarter 2016 . Q2 revenue $182.6 million versus $216.8 million . As of end of q2 of 2016, total student enrollments for university group were 31,600, compared to 31,300 . Consolidated adjusted ebitda to improve in 2016 as compared to 2015 and to be positive, to remain flat in 2017 as compared to 2016 . Career Education qtrly net income improved to $11.8 million as compared to prior year quarter net loss of $20.7 million . Qtrly earnings per share from continuing operations $0.18; qtrly earnings per share $0.17 .Q2 earnings per share view $-0.14, revenue view $176.0 million -- Thomson Reuters I/B/E/S.  Full Article

Career Education gets request for documents, information from SEC Denver regional office
Thursday, 23 Jun 2016 05:19pm EDT 

Career Education Corp : On June 21, 2016, received a request for documents and information from the Denver regional office of SEC . Request for documents regarding Q4 2014 classification of Le Cordon Bleu Culinary Arts campuses held for sale within discontinued operations .Documents regarding Q4 2014 classification of Le Cordon Bleu Culinary Arts campuses held for subsequent sales process.  Full Article

Career Education Corp names Todd Nelson as CEO
Friday, 31 Jul 2015 09:05am EDT 

Career Education Corp:Todd Nelson has been selected to become its President and Chief Executive Officer.Nelson is expected to join the Company on August 12, 2015 and will also be appointed to the Career Education Board of Directors.Ron McCray, Chairman and Interim CEO, will maintain his role as Chairman of the Board.  Full Article

Career Education cutting 149 jobs - Chicago Tribune
Wednesday, 3 Jun 2015 05:50am EDT 

Career Education Corp:To cut 149 Illinois jobs as the higher education company shuts down its campuses - Chicago Tribune.Effective between July 6 and July 19.  Full Article

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BRIEF-Career Education Corp reports Q4 loss per share of $0.48

* Says as of end of 2016, total student enrollments for university group were 33,600, compared to 31,900 as of prior year