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corinthian colleges inc (CH7) Snapshot

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03/5/14 - €1.19
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10/16/14 - €0.01
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Current Stock Chart for CORINTHIAN COLLEGES INC (CH7)

corinthian colleges inc (CH7) Details

Corinthian Colleges, Inc. operates as a post-secondary education company. The company offers various diploma programs, as well as associate, bachelor’s, and master’s degrees. It also provides training program in healthcare, criminal justice, business, mechanical, trades, and information technology areas. The company’s diploma curricula includes medical assisting, medical insurance billing and coding, massage therapy, dental assisting, pharmacy technician, medical administrative assisting, surgical technology, automotive and diesel technology, HVAC, plumbing, electrical, and licensed practical nursing programs. Its degree curriculum comprises business administration, accounting, paralegal, criminal justice, medical assisting, and registered nursing programs. Corinthian Colleges, Inc. also provides online programs in business, criminal justice, criminal investigations, accounting, computer information science, and paralegal. As of June 30, 2013, it operated 97 schools in 25 states of the United States and 14 schools in the province of Ontario, Canada with a total of 81,284 student enrollments under the Everest, WyoTech, and Heald brand names. The company was founded in 1995 and is based in Santa Ana, California.

10,100 Employees
Last Reported Date: 09/3/13
Founded in 1995

corinthian colleges inc (CH7) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $400.0K
Chief Administrative Officer and Executive Vi...
Total Annual Compensation: $530.5K
Executive Vice President
Total Annual Compensation: $451.1K
Executive Vice President, General Counsel and...
Total Annual Compensation: $396.6K
Compensation as of Fiscal Year 2013.

corinthian colleges inc (CH7) Key Developments

Corinthian Colleges Announces Approval Of Application To Transfer Listing From Nasdaq Global Market to the Nasdaq Capital Market

On January 13, 2015, Corinthian Colleges, Inc. received notice from the Listing Qualifications Department of The NASDAQ Stock Market (Nasdaq) that its application to transfer its common stock listing from the Nasdaq Global Market to the Nasdaq Capital Market had been approved. The Company’s common stock listing will transfer to the Nasdaq Capital Market at the opening of trading on January 15, 2015. Following the move to the Nasdaq Capital Market, the Company’s common stock will continue to trade under the symbol “COCO.” As the Company previously announced, on July 2, 2014, the Company received notice from Nasdaq that it did not meet the minimum $1.00 per share requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1). The January 13 notice from Nasdaq provides that the Company is eligible for an additional 180 calendar day period, or until June 29, 2015, to regain compliance with the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market. The 180 day period relates exclusively to the Company’s bid price deficiency. The Company may be delisted during the 180 day period for failure to maintain compliance with any other listing requirements for which it is currently on notice or which occurs during this period.

Corinthian Colleges Inc. to Close its 200- Employee Call Center in Colorado Springs on Feb. 28

Corinthian Colleges Inc. announced that it will close its 200- employee call center in Colorado Springs on Feb. 28 - the result of an agreement it reached last month to sell most of its campuses to a nonprofit group. Corinthian said the center, run by its Everest University arm, would continue to operate until the closing. The center provides support to students at Corinthian's colleges across the United States, including assistance with financial aid and career services. The center also provides online faculty administration and support.

Corinthian Seeking Buyers For 39 Campuses

Corinthian Colleges Inc. (NasdaqGS:COCO) is seeking to sell most of its campuses due to several investigations and lawsuits by federal and state regulators. Corinthian is seeking buyers for its 39 remaining campuses that serve about 20,000 students.


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