Home

Closing Glance: Education stocks

By Associated Press
July 9, 2008 | Comments (0)

Recs

0

Shares of for-profit education companies traded sideways on Wednesday and followed the broader market lower on rising oil prices and weakness in the financial sector.

Oil rose on supply concerns, while aluminum maker Alcoa Inc. recorded a profit drop of 24 percent, but still beat expectations.

Many financial services companies declined, also. Fitch Ratings put Merrill Lynch & Co.'s long-term credit default rating on watch for a possible downgrade.

Here's how some stocks fared:

Apollo Group Inc. declined 77 cents to $54.60.

Career Education Corp. rose 3 cents to $15.58.

Strayer Education Inc. declined 16 cents to $210.21.

DeVry Inc. declined 60 cents to $56.40.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

DocumentId: 681382, ~/articles/articlehandler.aspx, 12/5/2008 1:16:07 AM,

Sign up for FREE Motley Fool site access to keep reading:

“Closing Glance: Education stocks”

Signing up allows you to comment on articles and on the discussion boards.

It's completely FREE and will take only 10 seconds.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.