Boston, MA 09/27/2013 (wallstreetpr) – In Thursday’s trading, American International Group Inc (NYSE:AIG) stock dropped by 0.18%. The opening price of the shares was $49.69 which climbed to an intraday high of $49.80 and dropped to a close of $49.45. Approximately 5.69 million shares were traded on Thursday and an average volume of 8.94 million shares was traded over a 30 day period. The 52- week low of the shares was $30.64 and the 52-week high was $50.99. The company has a market capitalization of 73.32 billion.
About the company
Apollo Group Inc (NASDAQ:APOL) was incorporated on 30 June 1981. It is a privately run education provider. It offers educational-programs and services. These are on-campus and online at the undergraduate, master and doctorate levels via its 100%-owned subsidiaries-The University of Phoenix, Inc, Institute for Professional Development, The College for Financial-Planning Institutes Corporation and Meritus University, Inc.
Apollo Group Inc (NASDAQ:APOL) also formed a joint-venture with The Carlyle Group, called Apollo Global, to pursue investments mainly in the international-education services industry. As of 31 August 2011, the Apollo Group owned 85.6 percent of Apollo Global and Carlyle owned the balance 14.4%. In year ended 31 December 2011, the Other Schools section included IPD and CFFP and Meritus University. The latter’s operations have been discontinued.
The programs
Apollo Group Inc (NASDAQ:APOL) offers services and educational programs via the wholly-owned subsidiaries- Apollo Global, BPP Holdings plc in the U.K, Western International University, Inc in the U.S; Universidad de Artes, Ciencias y Comunicacion in Chile and Universidad Latinoamericana in Mexico. University of Phoenix offers associate, bachelor, masters and doctorate degrees numerous program areas.
The University of Phoenix offers its educational-programs across the world via its online education delivery-system and at its campus-locations and learning-centers in 40 different states, Puerto Rico and the District of Columbia.
