DOWNERS GROVE, Ill. (AP) DeVry Inc.'s monetary first-quarter profit fell 44 percentage aboard declining enrollment,but the for-profit education company beat mall expectations. Its shares jumped surrounded after-hours trading aboard the news.

DeVry plus additional for-profit education companies have struggled as more than a annual with the clash of current administration regulations plus additional scrutiny. Critics advert the companies are providing poor education, graduating also few students plus burdening much with excessively lofty debt. The allied authority namely requiring that schools encounter certain criteria alternatively hazard losing way apt allied student assist which makes up much of a for-profit education company's revenue.

In corner companies have stiffened their admission standards. That has taken a toll on enrollment and revenue.

DeVry's future appears to be improving as it has lowered expenses through job reductions plus other measures. It also recently acquired a Brazilian educate apt support amend its revenue plus approach And the company reported Thursday that while its overall enrollment fell six percent for the duration enrollment by choose schools such as Chamberlin College of Nursing plus Carrington Colleges Group were up.

The company cut $27 million amid costs during the 1st 15 min compared with the previous 15 min It also announced plans to sell off some excess administrative office district later this anniversary for which it expects apt record a $9 apt $10 million charge during the second quarter.

DeVry CEO Daniel Hamburger said that the company is making solid progress aboard its sort to amend performance.

The Downers Grove, Ill.-based company's net income fell 44 percentage to $32 million,or 49 cents per share,for the 15 min that finished Sept. 30. That compares with $57.five million,or 83 cents per share, a annual earlier. Its absolute revenue fell seven percentage to $482.7 million.

Analysts polled by FactSet were expecting the corporation apt earn 30 cents per share as the duration on revenue of $482.five million.

DeVry's shares jumped eight percentage after-hours, gaining $1.68 apt $22.50. Its stock has lost about 70 percent of its merit since the summer of 2011.
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Driver wounded in southeastern Michigan amid latest shootings From Chandler Friedman, October 28, 2012 -- Updated 0229 GMT (1029 HKT) A driver suffers non-life-threatening injuries while he's shot among southeastern Michigan35 minutes earlier, a conveyance is struck according a bullet within the same areaThese are the 23rd and 24th shootings since October 16 among the district"We have not fancy why these events are occurring," police official says
() -- For the 23rd and 24th time within fewer than two weeks, shots were fired by seemingly random targets among southeastern Michigan and,as the 1st phase someone was struck, police said.

A driver suffered non-life-threatening injuries, details of which were never disclosed,meantime he was beat forward a bullet approximately 12:20 p.m. ET west of Fowlerville, said Clarence Goodlein,director of public safety among Wixom and spokesman for the eight-agency task force investigating the shootings.

After that incident -- which occurred nearly 35 minutes after another shooting,both affecting vehicles heading eastbound on Interstate 96 -- authorities shut down the expressway looking as certify.

It reopened shortly after 5 p.m., without anyone within custody alternatively a named suspect.

Michigan authorities have released a composite sketch of a man with short-cropped cilia who they deem was involved among an October 18 shooting amid Ingham County.

And police have said they are looking as a black Ford Mustang with blue-tinted front lights and a racing stripe down the centre meanwhile other witnesses have pointed to an older-model Chevrolet Cavalier.

Saturday's expressway shootings are the latest among a series that began October 16 in Wixom and a neighboring community. They have all occurred over a roughly 35-mile extend west of Detroit.

Goodlein said authorities have indications the guess or suspects were themselves among vehicles when they fired at other vehicles that were driving in the contrary direction. What would motivate them apt do so,however,is a puzzle.

"We have no fancy why these events are occurring," Goodlein said.

In an of the shootings, a man taking out his trash heard a bullet "whizzing along his brain Oakland County Sheriff Michael Bouchard said earlier this month. In anew a bullet went amongst the driver's side of a car lodging inside the passenger-side door. And aboard one day five vehicles were shot along the same road among a span of "two to three minutes," according to Goodlein.

"The scariest thing about it is the suspect,alternatively suspects, are not targeting certain individuals," said Brian Cheesvro, a detective with the Wixom police.

The incidents have stirred memories of the D.C. sniper shootings,meantime 10 were killed and three wounded over a terrifying three-week span in October 2002. John Allen Muhammad, the mastermind later those shootings, was base guilty and executed among 2009. Lee Boyd Malvo, who was 17 at the period,is serving a life sentence.

Over the past two weeks, dozens of decree enforcement officers have come together to form a task force apt needle the Michigan shootings.

Goodlein said nearly 500 leads have come in amongst a peak line, and he encouraged folk to reserve calling -- even now they are not sure whether their thoughts alternatively observations longing impact the investigation.

"Our experience has been ... that an chip of meaningless information,alternatively what seems to be meaningless to someone,while it namely combined with some other information ... becomes exceedingly priceless the capital said.
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