{"id":340813,"date":"2010-02-19T14:33:00","date_gmt":"2010-02-19T19:33:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/for-profit-education-sinks-with-apollo-groups-shares-2010-2"},"modified":"2010-02-19T14:33:00","modified_gmt":"2010-02-19T19:33:00","slug":"for-profit-education-sinks-with-apollo-groups-shares-apol","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/340813","title":{"rendered":"For-Profit Education Sinks With Apollo Group&#8217;s Shares (APOL)"},"content":{"rendered":"<p>Apollo Group Inc. (APOL), parent company of for-profit education centers like University of Phoenix and The College of Financial Planning, is taking a huge hit today.<\/p>\n<p>The downgrade from &#8220;Buy&#8221; to &#8220;Hold&#8221; at ThinkEquity can&#8217;t help their situation much either.<\/p>\n<p>A r<a href=\"http:\/\/www.reuters.com\/article\/idCNSGE61I0DR20100219?rpc=44\">eport from Reuters<\/a> notes that Apollo predicts &#8220;higher bad debt&#8221; as it heads into 2010, a statement that spooked education investors. Shares are down $4.48 or 7.3% to $56.97.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b7ee6a20000000000152881\/apol-feb19.jpg\" border=\"0\" alt=\"APOL Feb19\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/for-profit-education-sinks-with-apollo-groups-shares-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/come-on-is-thre-really-a-devry-grad-at-goldman-sachs-2009-11\">Come On, Is There Really A Devry Grad At Goldman Sachs?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-10-worst-managed-university-endowments-2010-2\">The 10 Worst University Endowment Managers<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/chart-of-the-day-harvard-endowment-2009-9\">CHART OF THE DAY: Harvard Alumni Pony Up During University&#8217;s Hour Of Need<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/tnQhMR4jNlE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apollo Group Inc. (APOL), parent company of for-profit education centers like University of Phoenix and The College of Financial Planning, is taking a huge hit today. The downgrade from &#8220;Buy&#8221; to &#8220;Hold&#8221; at ThinkEquity can&#8217;t help their situation much either. A report from Reuters notes that Apollo predicts &#8220;higher bad debt&#8221; as it heads into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-340813","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=340813"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340813\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=340813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=340813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=340813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}