Career Education News

Shares of Skullcandy rip loose following word from a filing that its Principal Accounting Officer Ronald Ross purchased 18,000 of the shares, in total value of approximately $250,000. This move was seen as a vote of post-earnings confidence after a disappointing report.

Welcome to the First Quarter 2012 Earnings Conference Call. My name is Christine and I will be your operator for today's call.

JPMorgan Chase & Co. shock trading loss of at least $2 billion from a failed hedging strategy knocked financial stocks across the globe on Friday, as well as the reputation of the biggest U.S. bank by assets and its CEO Jamie Dimon.

In trading on Friday, education & training services shares were relative laggards, down on the day by about 2%. Helping drag down the group were shares of Career Education , down about 13.9% and shares of American Public Education off about 5.7% on the day.

NEW YORK &#8212 Shares of Career Education Corp. rose and stock in American Public Education Inc.

More on Career Education : Q1 easily beats estimates on a one time insurance benefit, masking an 18% Y/Y decline in total revenue.

That big bad moon rising over Athens' Temple of Poseidon this weekend was an eerily accurate harbinger of falling stocks in the beleaguered Mediterranean nation - Greek markets slumped 6.7% to start the week - but a world away in New York equities were easily able to weather the worst.

Career Education Corp said an accrediting agency has lifted a show-cause notice on all its colleges related to prior job placement rates of its students, sending its shares up 13 percent.

For-profit colleges have landed in the spotlight for deceptive advertising tactics and for giving out degrees that weren't properly accredited.