Archive for the ‘New Economy’ Category

ITT Educational Services, Inc. Reports 2004 Second Quarter Results, New Student Enrollment Increased 18.4 Percent, Total Enrollment Increased 16.8 Percent

Total student enrollment as of June 30, 2004 increased 16.8 percent to 38,709 compared to 33,153 as of June 30, 2003. Those numbers and percentages exclude international enrollments and enrollments at two institutes that are gradually ceasing operations. Read the Full Story

Thomson Learning Announces Acquisition of Group Modulo Inc.

Group Modulo, Inc., based in Montreal, Quebec Canada, is a French-language publisher of textbooks for the K-12 and post-secondary markets. The addition of Modulo is a key growth opportunity for Thomson as it provides an entre into the French-language markets in both the school and higher education segments.Read the Full Story

Blackboard Inc. Schedules Second Quarter Earnings Release and Conference Call

Blackboard will broadcast the conference call live over the Internet. Interested parties can access the webcast through the Investor Relations section of the Company’s Web site at http://www.blackboard.com. Please access the Web site at least 15 minutes prior to the start of the call to register, download and install any necessary software.A replay of the […]

Class.com, Inc. Announces Key Additions to Executive Team

Lincoln, Nebraska—June 29, 2004 – Class.com, the leader in e-learning solutions, has announced the appointments of Dr. Gary Johnson and Thomas W. Greaves to the positions of Vice President of Sales and Vice President of Strategic Marketing, respectively. “Adding Dr. Johnson and Mr. Greaves to our executive team allows us to bring their combined experience […]

Blackboard’s Screeching IPO

Such enthusiasm begs the question of whether Blackboard is the next eBay (Nasdaq: EBAY – News) or Amazon.com (NYSE: AMZN – News), which followed leaps in their first few days of trading with even better long-term performance.Read the Full Story

Layoffs hit 5 percent of Element K

”We had one large customer project that came to an end,” said Lance D’Amico, executive vice president of Element K, an online learning company based in Brighton.Read the Full Story

Wall Street Welcomes Blackboard

Stock in the online learning company was priced at $14 a share, began trading at $15.80, rose as high as $23.38 and closed at $20.01.Read the Full Story

Vigorous overseas ad campaign

The campaign, by international student recruitment body IDP, is in response to a drop-off in applications through the not-for-profit organisation in the first three months of this year.Read the Full Story

Blackboard Inc. outlasts rivals, eyes stock sale by end of May

Now Blackboard is on the verge of holding an initial public offering of its stock and becoming the public company that its founders long wanted. Read the Full Story

eCollege(SM) Announces Quarterly Revenue of $19.6 Million and Increases Revenue Guidance for Year

DENVER, May 4 /PRNewswire-FirstCall/ — eCollege(SM) (Nasdaq: ECLG – News), a leading provider of value-added information services to the post-secondary education market, today announced it achieved revenue of $19.6 million for the first quarter of 2004, up 193 percent from $6.7 million for the first quarter of 2003. eCollege’s first quarter results include revenue of […]