Apollo Group Inc. (NASDAQ: APOL) owns University of Phoenix, which posted an 11% enrollment increase to 325,000 students, as well as a consolidated revenue increase of 17% to $780.7 million for 1Q2008. But that is old news. Nevertheless, the stock jumped 10% on January 31 to shut at $80.64, well up from its shut of $68.11 on January 8 when the quarterly earnings figures were released.

Two recent events accounted for that jump. Apollo Group’s legal troubles were not as serious as previously anticipated, in the $166-277 million range instead of much higher. The company has stated it intends

The moment event is that Apollo Group is well placed to reply to increased demand for specific job-related post secondary educational opportunities for working adults in the U.S. Unlike its competitors in te for-profit adult education marketplace, Apollo Group is plus well placed to reply to growing worldly demand for U.S.-provided online and in-class post secondary education. The company recently formed a joint venture with Carlyle Group and Apollo Global to expand its student base internationally.

Original post by Victoria Erhart

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