Apollo Education Group Inc (APOL.OQ)
|Market Cap (Mil.):||$3,274.23|
|Shares Outstanding (Mil.):||108.53|
- Apollo Education Group Inc said it expects new student enrollments at its flagship University of Phoenix to decline at a smaller rate in the coming year, offering hope that the worst is over for the beleaguered U.S. for-profit education industry.
* Shares rise as much as 6 pct (Adds CFO, analyst comments, details; updates shares)
Oct 21 - U.S. for-profit education provider Apollo Education Group Inc reported a 15 percent fall in quarterly revenue as it enrolled fewer students.
* Q2 new enrollments fall 8.1 pct vs forecast of 10-15 pct
LONDON, Aug 3 - British newspapers reported the following business stories on Sunday. Reuters has not independently verified these media reports and does not vouch for their accuracy.
- Apollo Education Group said the U.S. Department of Education will review the University of Phoenix's administration of federal student financial aid programs.
* Narrows full-year forecast for revenue, operating profit
June 25 - University of Phoenix owner Apollo Education Group reported a 17 percent drop in quarterly profit as new enrollments fell sharply.
LONDON, June 19 - Dutch TV production company Endemol is set to launch a 1 billion euro ($1.36 billion) debt refinancing after completing a debt for equity swap earlier this week which saw US fund Apollo take control of the company, bankers said on Thursday.
- Lunar rocks brought back by the Apollo astronauts more than 40 years ago contain evidence of a Mars-sized planet that scientists believe crashed into Earth and created the moon, new research shows.
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