Top 5 Dow Dividend Stocks To Buy For 2015: Corinthian Colleges Inc (COCO)
Corinthian Colleges, Inc., incorporated on July 24, 1996, is a post-secondary education company in the United States and Canada. As of June 30, 2013, the Company had a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. It offers a variety of diploma programs and associate, bachelor's and master's degrees. The Companys training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Companys diploma curricula includes medical assisting, medical insurance billing and coding, massage therapy, dental assisting, pharmacy technician, medical administrative assisting, surgical technology, automotive and diesel technology, heating, ventilation, and air conditioning (HVAC), plumbing, electrical, and licensed practical nursing. Its core degree curriculum includes business administration, accounting, paralegal, criminal justice, medical assisting, and reg istered nursing.
Diploma programs are generally designed to have duration of approximately 8-12 months, depending on the course of study. Associate degree programs are generally designed to have duration of approximately 24-28 months, bachelor's degree programs are generally designed to have duration of approximately 48 months and master's degree programs are generally designed to have duration of approximately 21 months. As of June 30, 2013, approximately 39% of its students were enrolled in diploma programs, approximately 55% of students were enrolled in associate programs, approximately 5% of students were in bachelor's programs and approximately 1% of students were in master's programs.
The Companys career services departments assist students in preparing resumes, help them to develop a professional demeanor and other soft skills that are important in the workplace, conduct practice interview sessions, and identify prospecti! ve employers for graduates. At the Companys Everest locations in Florida, ! Phoenix, AZ, Mesa, AZ, Springfield, MO and Ontario Metro, CA, some of its associate degree programs also articulate into a bachelor's degree in the same course of study. Master's degrees are also offered at Everest Florida in business administration and criminal justice. As of June 30, 2013, 94 out of 111 schools were operating under the Everest brand, five schools were operating under the WyoTech brand, and 12 schools were operating under the Heald brand.
Advisors' Opinion:- [By Ben Levisohn]
Allegion plc (ALLE) will replace J. C. Penney Company Inc. in the S&P 500, J. C. Penney will replace A茅ropostale Inc. (ARO) in the S&P MidCap 400, and A茅ropostale will replace Corinthian Colleges Inc. (COCO) in the S&P SmallCap 600 after the close of trading on Friday, November 29.
- [By Paul Ausick]
Big earnings movers: Campbell Soup Co. (NYSE: CPB) is down 3.2% at $43.30. Corinthian Colleges Inc. (NASDAQ: COCO) is down 10.3% at $2.34. JA Solar Holdings Co. Ltd. (NASDAQ: JASO) is down 6.9% at $7.40.
- [By Ben Levisohn]
Corinthian Colleges (COCO) is tumbling today after California’s attorney general filed suit against the for-profit college for “false and predatory advertising,” among other charges.
From the AG Kamala Harris’s press release:
The complaint alleges that CCI intentionally targeted low-income, vulnerable Californians through deceptive and false advertisements and aggressive marketing campaigns that misrepresented job placement rates and school programs. CCI deployed these advertisements through persistent internet, telemarketing and television ad campaigns. The complaint further alleges that Corinthian executives knowingly misrepresented job placement rates to investors and accrediting agencies, which harmed students, investors and taxpayers.
The AP notes that the charges are similar to th! ose that ! were filed by now-governor Jerry Brown in 2007 and were settled for $6.5 million.
Corinthian responded in an SEC filing:
On October 10, 2013, Corinthian Colleges, Inc. (the Company, Corinthian, we, us or other similar terms) was notified of a civil complaint filed against the Company and several of its subsidiaries by the California Attorney Generals Office (the CA AG). As previously disclosed, we have been cooperating with an investigation initiated by the CA AG in December 2012, more than nine months ago. The Company was disappointed that it was not given advance notice of the complaint, and did not have the opportunity to discuss the allegations in the complaint with the CA AG before the complaint was filed.
The Company is committed to regulatory compliance and has robust processes in place to correctly record and disclose the job placement information we receive from our graduates and their employers. The Company is proud of the career and technical education that our 15,000 employees provide to more than 80,000 students in the United States and Canada. The Company expect
- [By Monica Gerson]
Corinthian Colleges (NASDAQ: COCO) soared 1.01% to $2.50 in the pre-market trading. Corinthian's PEG ratio is 1.61.
Posted-In: PreMarket GainersNews Pre-Market Outlook Markets Movers
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-dow-dividend-stocks-to-buy-for-2015-2.html
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