MarketWatch writes article about Career Education shares climb after quarterly earnings release:
Career Education shares climb after quarterly earnings release
By Sue Chang
Published: Feb 29, 2016 4:52 p.m. ET
By
SueChang
Markets reporter
Career Education Corp. CECO, +0.00% late Monday reported it swung
to fourth-quarter earnings of $142.5 million, or $2.08 a share, from a
loss of $25.6 million, or 38 cents a share, a year earlier. Revenue
fell 8.1% to $199.9 million. The for-profit educator said in December
that it will wind down its Le Cordon Blue operations in North America
after failing to reach a deal with potential investors. Shares of
Career Education rallied 6.4% in after-hours trading.
MarketWatch Article Source Here.
As of: Mon Feb 29 16:30:04 MST 2016
MarketWatch: Career Education shares climb after quarterly earnings release: Monday February 29, 2016