Laureate posted another quarterly loss. And it's selling off more assets to pay off 2024 debt. https://www.sec.gov/Archives/edgar/data/912766/000162828019006622/a8k_india.htm... — read more
Laureate unloads UniNorte
"The sale of Centro Universitário do Norte (UniNorte) is for ~$49.9M at the current exchange rate), which includes the assumption of net debt in the amount of ~$2.5M." https://seekingalpha.com/news/3451354-laureate-unloads-uninorte
Did SAC push DB off the Board?
Did SAC push DB off the Board once his privileges were restored? https://www.sec.gov/Archives/edgar/data/912766/000089914019000010/c27201225a.htm
LAUR shares have been a Ponzi scheme since they went public
Always underwater. Only "profits" made from selling off assets. Net Tangible Assets -1,713,756 (2017) -2,701,862 (2016) -3,254,796 (2015) -3,061,545 (2014) https://finance.yahoo.com/quote/LAUR/balance-sheet?p=LAUR
Company future in jeopardy.
Soon they will sell their biggest asset (Walden) so investors can get their money. After that all the other schools will close or be sold off. Doug Becker was the glue to this company and he was ousted as CEO and now from the Board. Good luck.
Founder bails
DB off the Board. https://seekingalpha.com/pr/17355263-laureate-education-announces-changes-board-directors
Laureate Education unloads universities in Spain and Portugal
Laureate Education (NASDAQ:LAUR) says it inked a deal to sell its institutions in Spain and Portugal to a company backed by the Permira funds for €770M ($871M at the current exchange rate). The institutions included in this agreement are Universidad... — read more
"Here For Good"
How ironic. https://seekingalpha.com/pr/17351223-laureate-education-recognizes-outstanding-students-faculty
Where's the next school to sell off...
Laureate's only "profits" since the IPO has been to sell off assets. "For the nine months ended September 30, 2018, revenue was $2,436.5 million, an increase of $1.8 million compared to the nine months ended September 30, 2017. Operating income... — read more
Who is Bregal Europe?
I totally missed this huge transaction. Who is Bregal Europe? https://www.sec.gov/Archives/edgar/data/912766/000110465918070646/a18-40913_1sc13da.htm
What will happen in Brazil?
What will become of Laureate in Brazil now that Jair Bolsonaro is in charge? Can they bribe his administration enough to stay highly profitable there?... — read more
Parent Company Laureate Education Cleared in DOJ Probe
"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... — read more
Laureate Education cleared in DOJ probe
"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... — read more
Laureate Education cleared in DOJ probe
"Laureate Education (NASDAQ:LAUR) discloses that the Department of Justice closed its inquiry into possible violations of the U.S. Foreign Corrupt Practices Act. The company also received a letter from the SEC on the closing of the agency's... — read more
Simplifying our portfolio
“I'm pleased with our progress towards executing on our operational priorities as outlined during the Investor Day we held at the beginning of the year,” said ESH, Chief Executive Officer. “The simplification of our portfolio and related... — read more
A Tipping Point for OPM?
"With so many online program management companies offering similar services, many market observers agree: something’s got to give." https://www.insidehighered.com/digital-learning/article/2018/06/04/shakeout-coming-online-program-management-companies — read more
What do Laureate and Toys R Us have in common?
BALTIMORE, May 16, 2018 (GLOBE NEWSWIRE) -- Today, Laureate Education, Inc. (Nasdaq:LAUR), the global leader in higher education, announced the appointment of Timothy P. Grace as its new Chief Human Resources Officer (CHRO), effective May 28, 2018... — read more
Is Laureate using QuinStreet for its Brazil Operations?
Is Laureate using QuinStreet to get leads for its schools in Brazil? With Laureate's sell off, it's interesting to see how the business is moving away from the US. Two US schools down just this year, SFUAD and St. Augustine... — read more
Laureate sells off Kendall for $1
"Earlier this month, the Baltimore-based Laureate sold Chicago-based Kendall College for $1 to National Louis University, a private nonprofit institution. Laureate also agreed to pay National Louis up to $14 million to support the construction of... — read more
Does the Point 72 merger affect LAUR?
Does the Point 72 merger affect LAUR? https://www.sec.gov/Archives/edgar/data/912766/000089914018000028/p23422421a.htm
Laureate leaders leaving
http://dailycaller.com/2017/12/27/exclusive-top-execs-continue-to-flee-clinton-linked-laureate-education/
Laureate continues spending on acquistions
Wow, another $180M on acquisitions. Where are they getting all the money? https://www.sec.gov/Archives/edgar/data/912766/000110465917073494/a17-28498_18k.htm
LAUR Posts $103M Loss For Q3
Laureate lost $103M for the last quarter. This could get ugly.
Laureate named B Corp MVP
"Laureate Education, Inc. (Nasdaq:LAUR), the global leader in higher education, was named "B Corp MVP” in 2017 in recognition of the most impactful contributions to the B Corp movement over the last year."... — read more
Executives Shift Places
Laureate Education Inc. announced Thursday that effective Jan. 1, 2018, Eilif Serck-Hanssen will become the for-profit company's new chief executive officer and Ricardo Berckemeyer will take over as the company's president. Serck-Hanssen is replacing... — read more
How long can Laureate's shell game continue?
How long can Laureate's shell game continue? They are loaded with debt. A large amount of their assets are intangibles (goodwill, trademarks). And they are undercapitalized in Chile, Turkey, China, and Honduras. I reported Laureate's deceptive "false... — read more
Out of Touch Waddell Reed is Banking on Laureate
Waddell Reed now holds more than 5M shares in Laureate (more than 10% of LAUR shares). https://www.sec.gov/Archives/edgar/data/912766/000119312517280605/d436005dsc13g.htm My guess is that they hope to make better returns with this risky investment... — read more
Laureate contines to lose money, but...
Laureate continues to lose money, but somehow they still have the funds to by an Australian nursing school. https://www.sec.gov/Archives/edgar/data/912766/000162828017008326/laur6302017-10xq.htm
Analysts shorting Laureate
"When the IPO lockup period for LAUR expires on 7.31, 133M shares, previously restricted, will become available for sale. Just 29M shares are now trading. The event offers an enormous short opportunity for experienced investors."... — read more
Trump's plan is to defund, deregulate, and privatize higher education
Laureate may like the deregulation and privatization, but the first step is defunding. https://www.linkedin.com/pulse/trumpdevos-college-meltdown-defund-deregulate-dahn-shaulis
Strategic Partnerships Corruption
What's happening at Strategic Partnerships? I'm hearing UoPX cronies have taken over. Also heard some disturbing information about employees are treated. Does anyone care about labor violations at Laureate? How many people know but aren't willing to... — read more
Mores Loses For Laureate
More losses for Laurete, and the future looks even worse. http://dailycaller.com/2017/05/11/clinton-linked-laureate-education-suffers-big-first-quarter-loss/
Layoffs @ The Santa Fe University of Art and Design / May 2017
The Santa Fe University of Art and Design has laid off 15 staff workers because of fewer students as it prepares to close, and it expects to notify department chairs and faculty of further job cuts within the next few weeks. Source:... — read more
Laureate defrauds Santa Fe Students
"Former students at one for-profit college allege that the school’s parent company, Laureate Education, committed fraud by deliberately allowing their college to fail and close down." "Three students of the Santa Fe University of Art and Design... — read more
Where is Laureate not corrupt?
Can anyone tell me where Laureate is not corrupt? Here's the case in Portugal. https://sol.sapo.pt/artigo/518447/mp-investiga-beneficios-politicos-a-universidade-europeia
Santa FE University of Art and Design deal falls through
A plan by Raffles Education Corp. to buy Santa Fe University of Art and Design has been scuttled amid scrutiny from an accrediting agency. https://www.insidehighered.com/quicktakes/2017/04/04/companys-deal-buy-nm-university-collapses
What's your take on the change in leadership?
Enderson Guimarães was terminated and Eilif Serck-Hanssen is in charge now. Any comments?
Department of ED stacking deck in favor of for-profits
DeVos has now hired Taylor Hansen (CECO, Apollo Group) and Robert Eitel (Bridgepoint) for their beachhead team https://www.propublica.org/article/for-profit-colleges-gain-beachhead-in-trump-administration... — read more
More problems at Bilgi University in Istanbul
On March 8, 2017, 15 to 20 attackers stormed a demonstration marking International Women’s Day at Istanbul Bilgi University (a Laureate International school), The university said some students and security personnel were beaten and one student was... — read more
LAUR IPO will mean more layoffs
LAUR raised $490M in its IPO. But now that LAUR is public, they will have to make regular profits--and that's by reducing labor costs and selling off property. http://www.baltimoresun.com/business/bs-bz-laureate-ipo-20170201-story.html