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Adtalem Global Education Inc. (symbol: ATGE) is a prominent American for-profit educational company that empowers students to achieve their educational and career goals. The company operates through a series of educational institutions that provide a broad range of degree programs in fields such as healthcare, business, technology, accounting, finance, and law.
Founded with the mission to offer quality education, Adtalem is the parent organization of several well-known institutions, including the American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, and Ross University School of Veterinary Medicine. It also oversees institutions like DeVry University and its Keller Graduate School of Management, DeVry Brasil, Carrington College, and Becker Professional Education.
Adtalem boasts over 90 campuses and a robust online learning offering. This flexibility allows them to cater to a diverse student body, offering associate, bachelor's, and postgraduate degrees. Enrollment in business-related programs represents nearly half of the total student body, with technology and healthcare programs also attracting significant numbers.
Financially, Adtalem derives the bulk of its revenue from student enrollment fees, primarily funded through federal financial aid programs such as Pell Grants. The company continually strives for excellence by keeping up with the latest educational trends and ensuring high standards across all its programs.
Recent achievements of Adtalem include partnerships with various healthcare organizations to enhance clinical training for nursing students and collaborations with businesses to provide real-world experience for technology and business students. The company's commitment to innovation and student success has made it a respected leader in the education sector.
Adtalem Global Education (NYSE: ATGE) reaffirms its commitment to engaging with shareholders Engine Capital and Hawk Ridge Partners. The company remains focused on executing its growth strategy, which involves strategic investments, streamlining its portfolio, and enhancing educational offerings through the pending acquisition of Walden University. The acquisition aims to broaden access to quality education. Adtalem emphasizes its dedication to long-term shareholder value and community impact, while also acknowledging potential risks related to the acquisition and market competition.
Engine Capital LP and Hawk Ridge Capital Management LP, significant stockholders of Adtalem Global Education (NYSE:ATGE) with a 3.9% ownership stake, issued an open letter to the Company's Board expressing concerns about disappointing investor returns. The letter highlights several issues, including subpar operational performance, poor capital allocation, and a need for restructuring. They propose a "2022 Adtalem Plan" to enhance shareholder value, while also launching a website to share their insights on improving the company.
Adtalem Global Education (NYSE: ATGE) announced a conference call on February 2, 2021, at 4 p.m. CT to discuss its fiscal 2021 second quarter results. The call will be hosted by CEO Lisa Wardell and CFO Mike Randolfi. Participants can join by calling 877-407-6184 (U.S.) or +1 201-389-0877 (international), using conference ID 13714067. A live web broadcast will also be available. The call will be archived for replay until March 2, 2021. Adtalem is a leading education provider, comprising multiple institutions including Ross University and Chamberlain University.
ACAMS has introduced a new certification program called the Certified AML FinTech Compliance Associate (CAFCA) to help FinTech companies meet anti-money laundering (AML) regulatory standards. Developed with FINTRAIL, this program aims to enhance the compliance skills of FinTech personnel. The training includes eight hours of digital courses covering essential AML topics, culminating in a certification exam. The program launches globally at an introductory price of US$845 through January 31, 2021, aligning with ACAMS' expanding educational offerings.
ACAMS will host the 11th Annual AML & Anti-Financial Crime Conference focusing on Global Insights and MENA Solutions starting December 8. This three-day event aims to tackle pressing compliance challenges in the Middle East and North Africa, featuring experts and regulatory officials. Attendees will benefit from discussions on identifying beneficial owners, technological integration in compliance programs, and practical guidance against financial crimes. The conference offers live and on-demand sessions, available for 90 days post-event.
OnCourse Learning and Timea's Cause have launched the TC Online Institute, a platform aimed at combating human trafficking through online education. The initiative is a response to the increasing prevalence of modern slavery, exacerbated by the COVID-19 pandemic. It targets professionals in various sectors, providing training to identify and prevent trafficking. The program intends to reach over 50,000 individuals, offering webinars and virtual courses. The collaboration builds on past efforts, including a free course for compliance staff in financial institutions.
ACAMS will host its 2nd Annual AML & Anti-Financial Crime Conference – Virtual Caribbean on Dec. 1, focusing on pressing issues like trade-based money laundering and correspondent banking challenges in high-risk jurisdictions. The two-day event will feature key figures from the Bahamas, Jamaica, Curacao, Trinidad & Tobago, and the U.S., including keynote speaker Lt. Col. Edward Croft from the Caribbean Financial Action Task Force. The conference emphasizes female representation among speakers and offers actionable guidance on emerging threats and risk management.
Adtalem Global Education (NYSE: ATGE) reported its fiscal 2021 Q1 results for the period ending September 30, 2020. The company, a key player in workforce solutions, intends to discuss its financial performance during a conference call on the same day at 4 p.m. CT. Adtalem's commitment to empowering students and contributing to the global community is highlighted, with various educational institutions under its wings. Further details and the webcast can be accessed via their Investor Relations page.
Adtalem Global Education (NYSE: ATGE) will hold a conference call on November 5, 2020, at 4 p.m. CT to discuss its fiscal 2021 first-quarter results. Key executives including CEO Lisa Wardell and CFO Mike Randolfi will lead the call. Participants can join by dialing 877-407-6184 within the U.S. or +1 201-389-0877 from outside the U.S., using conference ID: 13711535. The call will be available live online and archived for replay until December 5, 2020.
For more details about Adtalem and its educational offerings, visit adtalem.com.