Closing Glance: Education companies

By Associated Press
July 8, 2008
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Shares of for-profit education companies closed mostly higher Tuesday along with the broader market as oil prices fell more than $5 a barrel.

The decline marked the commodity's second big drop this week. Light, sweet crude for August delivery declined $5.33 to settle at $136.04, after earlier bottoming as low as $135.14.

How shares of some major education companies performed on Tuesday:

Apollo Group, which named Charles B. Edelstein as CEO, rose 14 cents to finish at $55.37.

Career Education Corp. rose 93 cents, or 6.4 percent, to $15.55.

Strayer Education Inc. rose $1.81 to $210.37.

American Public Education Inc. declined 21 cents to $40.11.
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