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Seeking Alpha (Free subscription) | 08/31/2008
John C. Lee submits: On Tuesday August 26, before the market open, Corinthian Colleges Inc. (COCO) reported a Q4 loss (see conference call transcript ) of $0.01 per share or $620,000 on $274 million in revenue vs. a loss of $0.10 per share or $8.756 million on $231.62 million in revenue a year ago. Excluding charges, COCO would have earned a profit of $0.11 per share. For the full fiscal 2008 year,...
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LA Times (Free subscription) | 08/27/2008
Shares fall 19% after the Santa Ana company reveals lending program for students with poor credit. Shares of Corinthian Colleges Inc. dropped after the operator of colleges and trade schools said it began making loans to students, raising concern that costs would erode earnings.
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Business Week (Free subscription) | 08/26/2008
S&P Picks and Pans: Big Lots, Chico's, Rio Tinto, Corinthian CollegesAnalysts' opinions on stocks in the news Tuesday S&P MAINTAINS HOLD RECOMMENDATION ON SHARES OF BIG LOTS (; 31.33): July-quarter EPS of $0.32, vs. $0.21, beats our $0.26 estimate as improved initial markups drove a higher-than-expected 39.3% gross margin. Retail conditions are tough, but BIG describes the close-out buying environment...
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The Los Angeles Business (Free subscription) | 08/26/2008
Corinthian Colleges Inc. reported reduced losses in the fourth quarter and increased profits for the fiscal year on Tuesday, driven by higher revenues and student enrollment. (COCO)
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Law Blog - WSJ.com (Free subscription) | 08/26/2008
Corinthian Colleges said its fiscal fourth-quarter loss narrowed amid strong revenue and enrollment gains despite "the most challenging student-financing environment in the company's history."
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PR News Wire (Free subscription) | 08/26/2008
SANTA ANA, Calif., Aug. 26 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (Nasdaq: ) today announced that the Hon. Leon E. Panetta
has been appointed to serve on its board of directors. This appointment
expands the board to eleven members, nine of whom are non-employee
directors. Mr. Panetta will stand for election for a one-year term as a
Class II Director at the company's annual meeting of stockholders...
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PR News Wire (Free subscription) | 08/26/2008
Total Student Population up 12.8% for the Year
SANTA ANA, Calif., Aug. 26 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (Nasdaq: ) reported financial results today for the
fourth quarter and year ended June 30, 2008. The results for continuing
operations exceeded our guidance for start growth, and excluding charges,
results were within our guidance range for earnings per share.
"Over the...
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Law Blog - WSJ.com (Free subscription) | 08/26/2008
Subprime-lending woes that have pained mortgage lenders and Wall Street banks are taking a toll in another arena -- academic institutions such as Corinthian Colleges.
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PR News Wire (Free subscription) | 08/21/2008
- Now Chairman and CEO -
SANTA ANA, Calif., Aug. 21 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (Nasdaq: ) announced that Jack D. Massimino, chief
executive officer and a director of the company, has been elected chairman
of the board, effective immediately. He succeeds Terry O. Hartshorn, who
completed his term as Chairman and has been appointed lead independent
director.
Massimino has...
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PR News Wire (Free subscription) | 08/12/2008
- Conference Call at 12:00 p.m. EDT August 26th -
SANTA ANA, Calif., Aug. 12 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (Nasdaq: ) will report financial results for the fiscal
year and fourth quarter ended June 30, 2008, on Tuesday, August 26, 2008,
prior to market open. The company will host a conference call at 12:00 p.m.
EDT (9:00 a.m. PDT) on August 26th to review its performance and...
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DeepMarket Stock Market Blog (Free subscription) | 07/21/2008
Seasonal Patterns found for the following stocks: Corinthian Colleges Inc. (COCO) over the next 8 trading days. Look at the seasonal patterns for Corinthian Colleges Inc. in context. Akamai Technologies Inc. (AKAM) over the next 3 trading days. Look at the seasonal patterns for Akamai Technologies Inc. in context. Atheros Communications Inc. (ATHR) over the next [...]
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PR News Wire (Free subscription) | 07/08/2008
SANTA ANA, Calif., July 8 /PRNewswire-FirstCall/ -- Corinthian
Colleges, Inc. (Nasdaq: ) has appointed Richard B. Simpson, Ph.D., as
senior vice president and chief academic officer. He will report to Beth
Wilson, Corinthian's executive vice president, operations.
Dr. Simpson will help set academic policy and serve as a liaison for
school management. In this role, he will provide ongoing guidance...
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PR News Wire (Free subscription) | 06/02/2008
SANTA ANA, Calif., June 2 /PRNewswire-FirstCall/ -- CIO magazine
announced that Corinthian Colleges, Inc. (Nasdaq: ) has won the
magazine's 2008 CIO 100 award. The award program, now in its 21st year,
recognizes organizations worldwide that exemplify the highest level of
operational and strategic excellence in information technology (IT).
Corinthian was recognized for the implementation of its company-wide,
enterpr...
