Will the trend continue in Corinthian Colleges Inc (NASDAQ:COCO), Stone Energy Corporation (NYSE:SGY)

Posted by Lynn Eisler May 15, 2013 0 Comment 623 views

Miami, FL 05/15/2013 (GDPInsider) – Corinthian Colleges Inc (NASDAQ:COCO): Tuesday’s trading session saw Corinthian Colleges Inc (NASDAQ:COCO) shares headed 8.46% upward. The opening price of $2.02 per share traded intraday high of 2.18 and closed at same price. The average volume of 1.18 million shares was measured over a period of 30 days.

Corinthian Colleges, Inc is a post-secondary education company in the U.S. As of 30 June 2012, it had a student-enrollment of 91,460. It operated 100 different schools across 26 states in America. It also operates 16 schools in the Ontario region in Canada. Corinthian Colleges Inc (NASDAQ:COCO) offers a range of diploma programs. Apart from this, it offers associate, bachelors as well as master’s degrees. The training programs include fields such as healthcare, justice, criminal business, trades, mechanical and information technology. It offers two categories of online learning programs. One is for students who exclusively attend online classes and the other is for students who attend a combination of online and traditional classroom courses.

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Stone Energy Corporation (NYSE:SGY): Tuesday’s trading session saw Stone Energy Corporation (NYSE:SGY) shares headed 1.93% upward. The opening price of $22.26 touched an intraday high of $22.90 per share before setting down to $22.73. The average volume of 0.919 million shares was measured over a period of 30 days.

Stone Energy Corporation is an independently run oil and natural gas company. It is involved in acquiring, exploring, exploiting, developing and operating oil and gas properties. The Company operates in the Gulf Coast Basin. As of 31 December 2012, its estimated oil and natural gas reserves that have been proved were around 773 billions of cubic feet equivalents (Bcfe). On 18 June 2012, the Stone Energy Corporation (NYSE:SGY) closed the acquisition of a 25 percent working-interest in the Pompano field situated in the Mississippi Canyon. This field is located in five block deep water. The company also has around 14 percent of working-interest in Mississippi Canyon Block 29 as well as 10 percent working-interest in certain aliquots in the Mississippi Canyon Block 72.

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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