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Adtalem Global Education Inc (ATGE.N)

ATGE.N on New York Stock Exchange

45.25USD
19 Jan 2018
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$0.20 (+0.44%)
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Latest Key Developments (Source: Significant Developments)

Adtalem Global Education Entered Into A Stock Purchase Agreement On Dec 4
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION INC SAYS ON DECEMBER 4, 2017, CO ENTERED INTO A STOCK PURCHASE AGREEMENT.ADTALEM GLOBAL EDUCATION - AGREEMENT INCLUDES EARN-OUT ENTITLING ADTALEM TO PAYMENTS UP TO $20 MILLION PAID OVER A 10 -YEAR PERIOD BASED ON UNIVERSITY'S FREE CASH FLOW.ADTALEM GLOBAL EDUCATION INC - ADTALEM HAS COMMITTED TO TRANSFERRING UNIVERSITY WITH A MINIMUM WORKING CAPITAL BALANCE OF $7.5 MILLION.ADTALEM GLOBAL EDUCATION INC - ADTALEM AGREED TO SELL DEVRY UNIVERSITY TO COGSWELL EDUCATION, LLC.ADTALEM GLOBAL EDUCATION - CO TO SELL OUTSTANDING EQUITY INTERESTS OF DEVRY UNIVERSITY AND DEVRY NEW YORK INC. TO BUYER FOR DE MINIMIS CONSIDERATION.  Full Article

Adtalem Global Education Inc reports Q1 earnings per share $0.20
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Adtalem Global Education Inc :Adtalem Global Education Inc announces first quarter fiscal 2018 results.Q1 earnings per share $0.30 excluding items.Q1 earnings per share $0.20.Q1 revenue $421 million versus I/B/E/S view $429.7 million.Sees fy 2018 revenue down 2 to 3 percent.Sees q2 2018 revenue down 4 to 5 percent.Q1 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍full year capital spending is expected to be in $60 to $65 million range​.  Full Article

DeVry Education Group announces new $300 mln share repurchase program
Thursday, 16 Feb 2017 

Devry Education Group Inc : Devry education group announces new $300 million share repurchase program . In conjunction with new program, co will cease its bi-annual cash dividend payment .Repurchases will be funded through available cash balances and/or borrowings, and may be suspended or discontinued at any time.  Full Article

Devry Education Group statement on U.S. Department of Education limitation action settlement
Thursday, 13 Oct 2016 

Devry Education Group Inc : Devry Education Group statement on U.S. Department of Education limitation action settlement . Devry Education Group Inc - reached an agreement with U.S. Department of Education regarding its Jan. 27, 2016 notice of intent to limit . Devry Education Group - notice related narrowly to a specific graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education Group-as a result of settlement agreement, Devry University's participation in title IV programs will be under provisional certification . Devry Education - Devry will also refrain from making any future graduate employment representations without possessing graduate-specific information . Devry Education-settlement includes agreement to no longer use graduate employment statistic previously used by Devry University, calculated since 1975 . Devry Education group Inc - settlement in no way hinders Devry University's ability to serve current or future students .Devry Education-agreement to no longer make representations regarding graduate employment outcomes of Devry University graduates from 1975 to Oct 1980.  Full Article

Devry Education Group says credit agreement amended to increase letter of credit sublimit
Tuesday, 11 Oct 2016 

Devry Education Group Inc : Devry Education Group Inc- co, units entered into first amendment to credit agreement which amends its credit agreement, dated as of March 31, 2015 .Credit agreement were amended to increase the letter of credit sublimit to $100 million-sec filing.  Full Article

Devry Education sees Q1 revenue up 1 to 2 pct
Thursday, 18 Aug 2016 

Devry Education Group : Announces fourth-quarter and full-year fiscal 2016 results . Q4 revenue $471.7 million versus i/b/e/s view $461.9 million . Q4 earnings per share $0.65 excluding items . Sees q1 revenue up 1 to 2 percent . Q4 earnings per share $2.41 from continuing operations excluding items . Q4 earnings per share view $0.60 -- Thomson Reuters I/B/E/S . Q1 operating costs before special items are expected to increase less than a percent versus prior year . Q4 earnings per share view $0.60, revenue view $461.9 million -- Thomson Reuters I/B/E/S . For full year, revenue is expected to be flat compared to prior year . For full year earnings before special items to grow in mid-single digits as compared to prior year . Full year capital spending is expected to be in $80 million range . Fy2016 earnings per share view $2.38, revenue view $1.83 billion -- Thomson Reuters I/B/E/S .Q1 revenue view $436.5 million -- Thomson Reuters I/B/E/S.  Full Article

Devry Education Group received a Civil Investigative Demand from Attorney General of Commonwealth of Massachusetts
Monday, 1 Aug 2016 

Devry Education Group Inc : On July 26, received a Civil Investigative Demand from Attorney General of Commonwealth of Massachusetts . Civil Investigative Demand relates to Devry University's recruitment of students, reporting of placement from Jan 2011 to date . Devry Group intends to cooperate with MAAG with a view toward demonstrating compliant nature of its practices. .Civil Investigative Demand seeks information from January 1 to present in connection with investigation of possible unfair methods.  Full Article

Devry education group Says CFO leaving
Wednesday, 1 Jun 2016 

Devry Education Group Inc : Devry Education Group names Patrick Unzicker chief financial officer .Unzicker succeeds Timothy Wiggins who leaves Devry Group June 30 after nearly 5 years as CFO..  Full Article

Becker Professional Education to buy ACAMS for $330 mln
Tuesday, 24 May 2016 

Becker Professional Education : Purchase price of $330 million . Becker Professional Education says acquisition will be modestly dilutive to earnings per share in fiscal 2017 . Becker Professional Education says ACAMS is expected to generate fiscal 2017 revenue in low $40 million range . Deal is expected to be accretive in fiscal 2018 and beyond . Transaction will be funded through a combination of cash and debt. .Becker Professional Education to acquire ACAMS.  Full Article

Devry Education Group names Lisa Wardell president and CEO
Tuesday, 24 May 2016 

Devry Education Group Inc : Devry Education Group names Lisa Wardell president and chief executive officer . Wardell succeeds Daniel Hamburger, who is leaving Devry Group to pursue other opportunities . Wardell was most recently executive vice president and chief operating officer of RLJ Companies .Announces plans to "accelerate global diversification of Devry Education Group".  Full Article

UPDATE 3-Lowe's nominates directors after 'constructive' talks with D.E. Shaw

Jan 19 Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.