Log in to your IBTimes Account

close
ID
Password

Opening Glance: Education stocks mixed



By AP
08 July 2008 @ 10:23 am EST

NEW YORK - Shares of for-profit education companies traded mixed after Federal Reserve chairman Ben Bernanke said the central bank might extend its lending efforts to investment banks amid tightening credit markets.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
IMB 0.119999997317791 -0.16
CECO 15.45 1.28
STRA 178.2 -3.26
APEI 42.97 5.91
APOL 50.54 -1.08

SYMBOL LOOKUP

Meanwhile, IndyMac Bancorp Inc. said it won't accept new mortgage loan submissions. The company also will cut 3,800 jobs, which is more than half its work force.

Here's how some stocks fared:

Apollo Group, which named a new chief executive, declined 93 cents to $54.30.

Career Education Corp. lost 12 cents to $14.50.

Strayer Education Inc. declined $4.33, or 2.1 percent, to $204.23.

American Public Education Inc. rose 53 cents to $40.85.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Hundreds of distraught Singaporean investors flooded a park to express their anguish at losses from structured notes issued by Lehman Brothers Holdings I...
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, acco...
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company...

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives