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DeVry Education Group Inc (DV)

DV on New York Consolidated

34.45USD
28 Mar 2017
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$1.05 (+3.14%)
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Latest Key Developments (Source: Significant Developments)

DeVry Education Group announces new $300 mln share repurchase program
Thursday, 16 Feb 2017 02:33pm EST 

Devry Education Group Inc : Devry education group announces new $300 million share repurchase program . In conjunction with new program, co will cease its bi-annual cash dividend payment .Repurchases will be funded through available cash balances and/or borrowings, and may be suspended or discontinued at any time.  Full Article

Devry Education Group Q2 EPS $0.85 excluding items
Thursday, 2 Feb 2017 04:10pm EST 

Devry Education Group Inc : Devry Education Group announces second quarter fiscal 2017 results . Q2 earnings per share $0.85 excluding items . Q2 earnings per share $0.23 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Devry - qtrly total revenue was flat versus prior year at $456.4 million . Devry - Q3 revenue is expected to be down 3 to 4 percent versus prior year . Devry - full year capital spending is expected to be in $65 million to $70 million range . Devry - for full year, revenue is expected to be flat to down approximately 1 percent . Devry - Devry University achieved $40.5 million of cost savings in Q2, excluding special items . Devry - for devry university, additional cost reductions are expected throughout fiscal 2017 . Q3 revenue view $470.9 million -- Thomson Reuters I/B/E/S .Fy2017 earnings per share view $2.55, revenue view $1.85 billion -- Thomson Reuters I/B/E/S.  Full Article

Attorney General Eric T. Schneiderman announces settlement with Devry Education
Tuesday, 31 Jan 2017 07:00am EST 

Attorney General Eric T. Schneiderman: Settlement with for-profit education company Devry Education Group Inc and its subsidiaries . Pursuant to the agreement, Devry to pay $2.25 million in consumer restitution and $500,000 in penalties, fees, costs . Settlement resolves an investigation relating to devry's advertisements Further company coverage: [DV.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Devry Education Group statement on U.S. Department of Education limitation action settlement
Thursday, 13 Oct 2016 01:04pm EDT 

Devry Education Group Inc : Devry Education Group statement on U.S. Department of Education limitation action settlement . Devry Education Group Inc - reached an agreement with U.S. Department of Education regarding its Jan. 27, 2016 notice of intent to limit . Devry Education Group - notice related narrowly to a specific graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education Group-as a result of settlement agreement, Devry University's participation in title IV programs will be under provisional certification . Devry Education - Devry will also refrain from making any future graduate employment representations without possessing graduate-specific information . Devry Education-settlement includes agreement to no longer use graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education group Inc - settlement in no way hinders Devry University's ability to serve current or future students .Devry Education-agreement to no longer make representations regarding graduate employment outcomes of Devry University graduates from 1975 to Oct 1980.  Full Article

Devry Education Group says credit agreement amended to increase letter of credit sublimit
Tuesday, 11 Oct 2016 05:51pm EDT 

Devry Education Group Inc : Devry Education Group Inc- co, units entered into first amendment to credit agreement which amends its credit agreement, dated as of March 31, 2015 .Credit agreement were amended to increase the letter of credit sublimit to $100 million-sec filing.  Full Article

Devry Education sees Q1 revenue up 1 to 2 pct
Thursday, 18 Aug 2016 04:05pm EDT 

Devry Education Group : Announces fourth-quarter and full-year fiscal 2016 results . Q4 revenue $471.7 million versus i/b/e/s view $461.9 million . Q4 earnings per share $0.65 excluding items . Sees q1 revenue up 1 to 2 percent . Q4 earnings per share $2.41 from continuing operations excluding items . Q4 earnings per share view $0.60 -- Thomson Reuters I/B/E/S . Q1 operating costs before special items are expected to increase less than a percent versus prior year . Q4 earnings per share view $0.60, revenue view $461.9 million -- Thomson Reuters I/B/E/S . For full year, revenue is expected to be flat compared to prior year . For full year earnings before special items to grow in mid-single digits as compared to prior year . Full year capital spending is expected to be in $80 million range . Fy2016 earnings per share view $2.38, revenue view $1.83 billion -- Thomson Reuters I/B/E/S .Q1 revenue view $436.5 million -- Thomson Reuters I/B/E/S.  Full Article

Devry Education Group received a Civil Investigative Demand from Attorney General of Commonwealth of Massachusetts
Monday, 1 Aug 2016 04:17pm EDT 

Devry Education Group Inc : On July 26, received a Civil Investigative Demand from Attorney General of Commonwealth of Massachusetts . Civil Investigative Demand relates to Devry University's recruitment of students, reporting of placement from Jan 2011 to date . Devry Group intends to cooperate with MAAG with a view toward demonstrating compliant nature of its practices. .Civil Investigative Demand seeks information from January 1 to present in connection with investigation of possible unfair methods.  Full Article

Devry education group Says CFO leaving
Wednesday, 1 Jun 2016 05:06pm EDT 

Devry Education Group Inc : Devry Education Group names Patrick Unzicker chief financial officer .Unzicker succeeds Timothy Wiggins who leaves Devry Group June 30 after nearly 5 years as CFO..  Full Article

Becker Professional Education to buy ACAMS for $330 mln
Tuesday, 24 May 2016 04:30pm EDT 

Becker Professional Education : Purchase price of $330 million . Becker Professional Education says acquisition will be modestly dilutive to earnings per share in fiscal 2017 . Becker Professional Education says ACAMS is expected to generate fiscal 2017 revenue in low $40 million range . Deal is expected to be accretive in fiscal 2018 and beyond . Transaction will be funded through a combination of cash and debt. .Becker Professional Education to acquire ACAMS.  Full Article

Devry Education Group names Lisa Wardell president and CEO
Tuesday, 24 May 2016 08:30am EDT 

Devry Education Group Inc : Devry Education Group names Lisa Wardell president and chief executive officer . Wardell succeeds Daniel Hamburger, who is leaving Devry Group to pursue other opportunities . Wardell was most recently executive vice president and chief operating officer of RLJ Companies .Announces plans to "accelerate global diversification of Devry Education Group".  Full Article

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