05.08.2013 14:00:00
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New Facilities, Acquisitions, Collaborations, and Divestitures to Add Value to Returns - Research Report on GCU, LPS, Washington Post, DeVry, and Bristow Group
NEW YORK, August 5, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Grand Canyon Education, Inc. (NASDAQ: LOPE), Lender Processing Services, Inc. (NYSE: LPS), The Washington Post Company (NYSE: WPO), DeVry Inc. (NYSE: DV), and Bristow Group Inc. (NYSE: BRS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Grand Canyon Education, Inc. Research Report
On July 30, 2013, Grand Canyon Education, Inc. (GCU) reported Q2 2013 financial results. The Company's net revenue for Q2 2013 was $141.5 million, up 18.6% YoY, as enrollment during the quarter edged up 15.2% YoY to approximately 51, 200. For Q3 2013, GCU expects net revenue to range between $146.0 million and $148.0 million, and aims to achieve an operating margin of 23.7%, along with a diluted EPS range of $0.43 and $0.44. According to the Company, Student count in the coming quarter is expected to be between 57,250 and 58,250. As per GCU, full-year 2013 revenue of GCU is expected to be in the range of $583.0 million and $587.5 million. The Full Research Report on Grand Canyon Education, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/LOPE]
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Lender Processing Services, Inc. Research Report
On July 30, 2013, Lender Processing Services, Inc. (LPS) announced the opening of its mortgage technology services facility in India. As part of the Company's acquisition of LendingSpace in 2012, it has acquired an office with 40,000 square feet space in Hyderabad. Further, the Company noted that this larger Hyderabad location has an advanced technological infrastructure that will accommodate increases in the number of employees and strengthens LPS delivery of Software-as-a-Service (SaaS) solutions. "We anticipate tremendous growth in the next three to five years, as well as the chance to work on emerging technologies that will leverage the talented professionals and infrastructure in India," said Casey Williams, Senior Vice President of Global Delivery Services at LPS. The Full Research Report on Lender Processing Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/LPS]
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The Washington Post Company Research Report
On July 18, 2013, The Washington Post Company (Washington Post) announced that it has signed an agreement to acquire Forney Corporation, a company engaged in power plant and industrial systems. The transaction is expected to close in early August 2013 with an undisclosed purchase price. "Our acquisition of Forney Corporation is part of the Post Company's ongoing strategy of investing in companies with demonstrated earnings potential and strong management teams attracted to our long-term investment horizon," said Donald E. Graham, Chairman and CEO of Washington Post. The Full Research Report on The Washington Post Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/WPO]
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DeVry Inc. Research Report
On July 31, 2013, DeVry Inc.'s (DeVry) announced that its nursing education arm, Chamberlain College of Nursing (CCN) has collaborated with the Association of periOperative Registered Nurses (AORN), to facilitate AORN members with a special tuition rate for CCN's post licensure degree programs. "We strive to be leaders in health care by giving perioperative nurses the resources to elevate their education so they can provide optimal care for their patients," said Susan Bakewell, MS, RN-BC, Director of Perioperative Education for AORN. "Our collaboration with Chamberlain aligns with our vision to establish standards of excellence in the delivery of perioperative nursing care." The Full Research Report on DeVry Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/DV]
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Bristow Group Inc. Research Report
On July 15, 2013, Bristow Group Inc. (Bristow Group) announced that an affiliate of the Company, Bristow Helicopters Limited (BHL) has sold its 50% interest in FB Heliservices Limited, FB Leasing Limited, and FBS Limited to FR Aviation Group Limited. "The divestiture of our interest in the FB Entities is an opportunity to redeploy capital toward investments in our core offshore helicopter transport and civilian Search and Rescue (SAR) services," said Michael Imlach, Managing Director of BHL. The sale price for the 50% interest of BHL is £74 million, or approximately $112 million at current exchange rates. "This divestiture is consistent with our Bristow Value Added strategy to optimize the returns for our shareholders," said Jonathan Baliff, Senior Vice President and CFO of Bristow Group. The Full Research Report on Bristow Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-01/BRS]
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