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Education Management Corporation
Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. The company was founded in 1962. At its peak in 2011, Education Management Corporation operated 110 schools through its higher education divisions: Argosy University, The Art Institutes, Brown Mackie College, and South University, and enrolled 158,300 students. Facing declining enrollment, legal issues, and accreditation problems, EDMC closed or sold many of its schools between 2013 and 2017. By 2014, the company's stock had lost 99.9% of its value, and EDMC received a defaulted bond rating (to junk bond status). Moody's credit rating service in January 2015 dropped EDMC to its lowest rating, D-PD. In June 2018, EMDC filed for Chapter7 bankruptcy and began to liquidate its assets. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bachelor's Degree
A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six years (depending on institution and academic discipline). The two most common bachelor's degrees are the Bachelor of Arts (BA) and the Bachelor of Science (BS or BSc). In some institutions and educational systems, certain bachelor's degrees can only be taken as graduate or postgraduate educations after a first degree has been completed, although more commonly the successful completion of a bachelor's degree is a prerequisite for further courses such as a master's or a doctorate. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately). However, some qualifications titled bachelo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Maine
The governor of Maine is the head of government of the U.S. state of Maine. Before Maine was admitted to the Union in 1820, Maine was part of Massachusetts and the governor of Massachusetts was chief executive. The current governor of Maine is Janet Mills, a Democrat, who took office January 2, 2019. The governor of Maine receives a salary of $70,000, which is the lowest salary out of all 50 state governors, as of 2022. Eligibility Under Article V, Section 4, a person must as of the commencement of the term in office, be 30 years old, for 15 years a citizen of the United States, and for five years a resident of Maine. A governor must retain residency in Maine throughout his or her term. Section 5 provides that a person shall not assume the office of GovernorMaine Constitution Article V ''maine.gov''. while holding any other of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offeri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor's Business Daily
''Investor's Business Daily'' (''IBD'') is an American newspaper and website covering the stock market, international business, finance and economics. Founded in 1984 by William O'Neil as a print news publication, it is owned by News Corp and is headquartered in Los Angeles, California. Holding a conservative political stance, ''IBD'' provides news and analysis on stocks, mutual funds, exchange-traded funds, commodities, and other financial instruments aimed at individual investors and financial professionals. It also provides tools for financial literacy. The publication focuses on the CAN SLIM investment strategy developed by founder William O'Neil. Every Monday in its weekly edition, the publication publishes the components of ''The IBD 50 Index'', a list of 50 growth stocks that are most attractive based on earnings, stock price performance, and other criteria used in the CAN SLIM strategy. It is the basis for an exchange-traded fund (ETF) called the Innovator IBD 50 ETF (Tic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Pittsburgh Press
''The Pittsburgh Press'' (formerly ''The Pittsburg Press'' and originally ''The Evening Penny Press'') was a major afternoon daily newspaper published in Pittsburgh, Pennsylvania, from 1884 to 1992. At one time, the ''Press'' was the second largest newspaper in Pennsylvania, behind only ''The Philadelphia Inquirer''. For four years starting in 2011, the brand was revived and applied to an afternoon online edition of the ''Pittsburgh Post-Gazette''. Early history The history of the ''Press'' traces back to an effort by Thomas J. Keenan Jr. to buy '' The Pittsburg Times'' newspaper, at which he was employed as city editor. Joining Keenan in his endeavor were reporter John S. Ritenour of the Pittsburgh ''Post'', Charles W. Houston of the city clerk's office, and U.S. Representative Thomas M. Bayne. After examining the ''Times'' and finding it in a poor state, the group changed course and decided to start a new penny paper in hopes that it would flourish in a local market full of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Huffington Post
''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy living, women's interests, and local news featuring columnists. It was created to provide a progressive alternative to the conservative news websites such as the Drudge Report. The site offers content posted directly on the site as well as user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Andrew Breitbart, Arianna Huffington, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005 as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Transcript
''The Wall Street Transcript'' is a paid subscription publication and Web site that publishes bi-weekly industry reports that feature equity analyst, money manager and CEO interviews. Reports typically cover two to three industries and express money managers' and analysts' views on each of the various industry sectors, as well as interviews with CEOs whose companies operate within the covered industries. In publication since 1963, ''The Wall Street Transcript'' is a publication in the finance community, which has interviewed the CEOs and senior executives of public companies, money managers handling billions of dollars of assets, and equity analysts from leading investment banks around the world and publishing these interviews verbatim. ''The Wall Street Transcript'' does not endorse the views of those interviewed, nor does it make stock recommendations. The ''Wall Street Transcript'' highlights micro-cap and small-cap stocks that may go overlooked by many investors, while its C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Art Institute Of Pittsburgh
The Art Institute of Pittsburgh was a private college in Pittsburgh, Pennsylvania. Shortly before closing in 2019, it was purchased by Dream Center Education Holdings (in turn a division of The Dream Center, a Christian non-profit 501(c)(3) organization in Los Angeles, California, established in 1994) It was located in Pittsburgh, Pennsylvania, and emphasized design education and career preparation for the creative job market. It was founded in 1921 and closed in 2019. Ai-Pittsburgh was part of the system of Art Institutes which includes Ai-Online. The school shut its doors in March 2019 after being placed into federal receivership. At the time of its closure, Ai-Pittsburgh was facing removal of its accreditation by the Middle States Commission on Higher Education (MSCHE) due to concerns over the executive leadership. According to the National Center for Education Statistics, the Art Institute of Pittsburgh had a 29 percent graduation rate and a 20.9 percent student loan d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savannah, Georgia
Savannah ( ) is the oldest city in the U.S. state of Georgia and is the county seat of Chatham County. Established in 1733 on the Savannah River, the city of Savannah became the British colonial capital of the Province of Georgia and later the first state capital of Georgia. A strategic port city in the American Revolution and during the American Civil War, Savannah is today an industrial center and an important Atlantic seaport. It is Georgia's fifth-largest city, with a 2020 U.S. Census population of 147,780. The Savannah metropolitan area, Georgia's third-largest, had a 2020 population of 404,798. Each year, Savannah attracts millions of visitors to its cobblestone streets, parks, and notable historic buildings. These buildings include the birthplace of Juliette Gordon Low (founder of the Girl Scouts of the USA), the Georgia Historical Society (the oldest continually operating historical society in the South), the Telfair Academy of Arts and Sciences (one of the South's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ross Medical Education Center
Ross Medical Education Center is a nonprofit allied-health school with 43 locations across eight states offering both campus and online programs. Ross was an investment of JLL Partners from 2011 until its conversion to 501(c)(3) nonprofit status in 2021. History Initial Ross Education activities began in 1969, when J.M. Ross opened a school in Flint, Michigan, under the name Learning Foundations. That school provided "after school" academic instruction to kindergarten through twelfth grade students. Six additional schools were opened from 1969 through 1971 by Mr. Ross. In 1971, the name of the company was changed to Ross Learning, Inc., and the focus of the company shifted to providing prevocational and vocational training services to adults. Ross Learning was purchased by Howard J. Hulsman in 1973, and the organization began evolving into career training centers. In 1976, Ross opened the more comprehensive instructional services of the Ross Medical Education Centers. Throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
