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SOURCE Wall Street Source
NEW YORK, March 19, 2013 /PRNewswire/ --
Today, Wall Street Source announced new research reports highlighting Apollo Group, Inc. (NASDAQ: APOL), New Oriental Education & Technology Group Inc. (NYSE: EDU), The Washington Post Company (NYSE: WPO), DeVry Inc. (NYSE: DV), and K12 Inc. (NYSE: LRN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Apollo Group, Inc. Research Report
Online education leader Apollo Group, in partnership with prominent innovators, provides a breakthrough online learning experience, called the Innovator's Accelerator, which helps organizations build and sustain competitive advantage. The Innovator's Accelerator is an immersive, web-based learning experience designed to accelerate the innovation skills of individuals and organizations. The company's subsidiary, University of Phoenix, will distribute the offering to corporations eager to bring innovation learning to thousands of employees across their global organizations. 80 percent of the leading companies and employers in the US believe that innovation is important for future success, thus the creation of the Innovator's Accelerator. The Full Research Report on Apollo Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/74e8_APOL]
New Oriental Education & Technology Group Inc. Research Report
As a buyout for Chinese tutoring firm Ambow Education was announced, speculations that New Oriental may also be targeted fueled its increase. China's biggest private education provider rose the most since July, soaring 8.4 percent after an equity research firm noted that New Oriental is very likely a buyout candidate. American depositary receipts of the company climbed to a three-week high of $16.02 on March 15. In the second quarter of 2013, the company maintained a healthy year-over-year top line growth of 30.4 percent, with its Harvest the Market strategy making good progress. Top line growth was driven by good performance of its key business lines. For the third quarter, New Oriental expects total net revenues of $212.4 million to $220.9 million, representing year-over-year growth if 25 percent to 30 percent. The Full Research Report on New Oriental Education & Technology Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/fd6c_EDU]
The Washington Post Company Research Report
On March 4 Washington Post announced the completion of the sale of The Herald, La Raza, and its other print and online products to Washington-based Sound Publishing. Details of the transaction were not disclosed. During the fourth quarter of fiscal year 2012, revenue was up one percent at $1.1 million, driven by the increased revenues and operating income in the television broadcasting and cable television divisions. On April 29 the company's first quarter financial results for fiscal year 2013 will be released. The Full Research Report on The Washington Post Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/df5e_WPO]
DeVry Inc. Research Report
The Institutional Actions Council (IAC) granted Reaffirmation of Accreditation to DeVry University, validating its educational programs and integrity operations. The IAC action continues the accreditation the university, DeVry College of New York, as well as the Keller Graduate School of Management. The next comprehensive evaluation is set on 2019 to 2020, without focused reports or additional evaluations required. The re-accreditation follows the university's recent release of its Academic Annual Report, providing an overview of academic initiatives and progress for the academic year 2011 to 2012, as well as details on its commitment to continuous improvement of academic quality. The Full Research Report on DeVry Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/f868_DV]
K12 Inc. Research Report
In federal court documents filed last March 4, the Lead Plaintiff voluntarily dismissed the class action securities lawsuit against K12. The Lead Plaintiff permanently dismissed the claims it made about the academic performance and educational quality of the schools managed by the company, with the dismissal stating that "substantial fact and expert discovery to date does not support the academic performance and educational quality claims on the merits." Under the settlement agreement, $6.75 million is to be paid into a settlement fund by K12's insurance carriers for stockholders in the class. Subject to preliminary and final court approval, the company resolved a related derivative lawsuit and associated shareholder demands, in addition to the resolution of the securities class action. The Full Research Report on K12 Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wallstsource.com/r/full_research_report/165e_LRN]
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