AEC Education Plc Announces Completion Of Sale Of Non-core Subsidiary

AEC Education Plc announced that all of the conditions relating to the agreed sale of Educational Resources Pte Ltd (ER) to Pearson Education South Asia Pte. Ltd (Pearson) (the Sale) have been satisfied and that the Sale has completed.

Friday, 19 Oct 2012 02:00am EDT

K12 Inc Issues FY 2013 Guidance In Line With Analysts' Estimates

K12 Inc announced that for fiscal 2013, it expects revenue of $840 million to $870 million, EBITDA of $107 million to $115 million and operating income of $45 million to $50 million. According to I/B/E/S Estimates, analysts are expecting the Company to report $855 million and EBITDA of $112 million...

Wednesday, 17 Oct 2012 06:00am EDT

Apollo Group Inc To Cut Jobs, Close Campuses-Reuters

Reuters reported that Apollo Group Inc will cut about 800 jobs and shut down 115 campuses as part of its efforts to save costs by $300 million by fiscal year 2014.

Tuesday, 16 Oct 2012 04:19pm EDT

Apollo Group Inc Issues FY 2013 Guidance

Apollo Group Inc announced that for fiscal 2013, it expects net revenue of $3.65-$3.80 billion and Operating income of $525-$575 million, excluding the impact of special items and restructuring and other charges, but including the expected expense savings associated with the realignment plan and...

Tuesday, 16 Oct 2012 04:00pm EDT

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