William Blair Downgrades ITT Educational Services (ESI) to Market Perform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
BofA/Merrill Lynch Downgrades ITT Educational Services (ESI) to Underperform
August 5, 2014 6:55 AM EDTBofA/Merrill Lynch downgraded ITT Educational Services (NYSE: ESI) from Neutral to Underperform with a price target of $7.00 (from $19.00) following CEO Kevin Modany's resignation amid news the company's sale leaseback transaction will not take... More
ITT Educational (ESI) CEO to Resign
August 4, 2014 5:35 PM EDTITT Educational Services, Inc. (NYSE: ESI) today announced that Kevin M. Modany notified the Board of Directors of the Company (the "Board") that he intended to resign as Chief Executive Officer of the Company, effective February 4, 2015. Following Mr. Modany's notice to the Board, the Company entered into a letter agreement with Mr. Modany on August 4, 2014, pursuant to which Mr. Modany will remain Chief Executive Officer for a period ending on February 4, 2015 (the "Applicable Period"). The Company may extend the Applicable Period by up to three months and may terminate it at any time... More
ITT (ESI) Has Not Yet Filed Audited Financials, BofA/Merrill Lynch Confirms; Potential ED Sanctions on Tap
August 4, 2014 10:29 AM EDTBofA/Merrill Lynch analyst Sara Gubins lowered her price target on ITT Educational Services (NYSE: ESI) to $16.00 (from $19.00) after the company announced that it has entered into a fourth amendment with its lenders. In addition, Gubins confirmed with ITT that it has yet to submit... More
ITT Educational Services (ESI) Slammed After Sale Leaseback Terminated
August 4, 2014 10:01 AM EDTITT Educational Services (NYSE: ESI) declined Monday, falling over 20%. In a filing late on Friday, it said College Portfolio terminated its sale leaseback.
From the filing: "On July 29, 2014, the Company received a... More
