Apollo Shares to the Moon After Earnings

For-profit educator Apollo Group (APOL) beat earnings expectations and raised its guidance, sending shares more than 7% higher in after-hours trading. Apollo posted $1.20 of EPS, 24 cents better than expectations. Revenue of $1.13 billion was in-line with expectations for $1.12 billion. The company also updated its fiscal 2012 revenue guidance to a range of [...]