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GRAHAM HOLDINGS COMPANY - GHC STOCK NEWS

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Graham Holdings Company (NYSE: GHC) is a renowned diversified education and media enterprise. The company operates across various sectors, including educational services, television broadcasting, cable systems, and online, print, and local TV news. Its principal subsidiaries include Kaplan, a global leader in education, and Graham Media Group, which owns several prominent television stations like WDIV in Detroit and KPRC in Houston.

In addition, Graham Holdings owns Cable One, offering cable services to small-city subscribers across 19 states, and The Slate Group, known for its digital media brands such as Slate and Foreign Policy. The company is also invested in healthcare through Celtic Healthcare and Residential Healthcare Group, and boasts industrial holdings like Forney Corporation and Joyce/Dayton Corp.

Graham Holdings segments its operations into seven key areas: Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive. The Kaplan International division, encompassing higher education, test prep, language instruction, and professional training, is the primary revenue driver. Television broadcasting is another significant revenue source, primarily through advertising.

The company is committed to innovation, with Trove spearheading digital advancements and SocialCode leading in social marketing solutions. Recent achievements include strategic partnerships, technological innovations, and expansions in educational services and digital media.

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Kaplan Schweser has released its 2024 CFA Program Survey, revealing significant insights about the impact of artificial intelligence and career satisfaction among CFA charterholders and candidates. The survey shows that 82% of respondents report AI affecting their job roles, with 70% believing AI will add future value.

Key findings include: 60% of respondents reported higher career satisfaction after passing their recent exam or becoming charterholders. Regarding the new CFA Institute Pathways program, 36% plan to pursue Portfolio Management, 15% each for Private Wealth and Private Markets pathways. On ESG investing, 38% believe it will enhance their effectiveness, while 41% are optimistic about its long-term impact on asset management.

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Kaplan has released its annual medical school admissions officers survey, revealing important insights into the medical school application process. The survey highlights that a low MCAT score remains the biggest application deal-breaker at 39%, followed by low GPA (24%) and lack of clinical experience (20%).

Regarding AI usage, only 3% of schools allow Generative AI for admissions essays, while 36% prohibit it. On social media screening, 31% of admissions officers have checked applicants' profiles, with 81% considering it acceptable practice.

The survey also found that 63% of admissions officers believe medical school rankings have lost prestige. On political involvement, opinions are divided: 41% support medical schools issuing statements on political topics, while 47% oppose it, with only 30% approving of how schools addressed political issues in the past academic year.

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Kaplan has been named to Inc.'s 2024 Best in Business list in multiple categories including Education, General Excellence, Extra Large Company Size, and Enduring Impact. The recognition highlights Kaplan's All Access License initiative, launched in 2022, which enables college students to access various test preparation courses at no cost when their institutions invest in the program. The license covers preparation for major exams including GRE®, GMAT®, LSAT®, MCAT®, bar exam, USMLE®, and NCLEX-RN®. Partner institutions include Cleveland State University, Xavier University of Louisiana, Howard University, and others, with the program already saving thousands of students millions of dollars.

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APACS (Association for Program Administrators of CSTEP and STEP) has partnered with Kaplan to provide free test prep courses for graduate-level admissions exams to students at 27 member institutions across New York. The partnership includes preparation for GRE®, GMAT®, LSAT®, MCAT® and DAT® exams, along with technical and soft skills-building courses. Participating schools include Fordham University, Hofstra University, and several SUNY institutions. The initiative aims to support students pursuing careers in STEM, health, and licensed fields, with zero out-of-pocket costs. This comes as New York's STEM workforce grew 67% between 2011-2022, with STEM jobs averaging $193,000 annually.

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Albion College has partnered with Kaplan to provide free test preparation courses and skills development resources to all its students, faculty, staff, and alumni. The partnership, known as the All Access License, covers preparation for graduate-level admissions exams including GRE®, GMAT®, LSAT®, and MCAT®, along with career readiness and data literacy courses. Albion is the first institution to extend these benefits to alumni, faculty, and staff, joining other notable institutions like Xavier University of Louisiana and Howard University in this initiative. The partnership aims to break down barriers and create opportunities for academic and professional success.

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The Kaplan Educational Foundation (KEF) has announced its new cohort of scholars for the 2024-2025 Kaplan Leadership Program (KLP). The program, established in 2006, supports low-income community college students in completing their associate degrees and transferring to selective four-year institutions. The program provides comprehensive support including stipends, tutoring, academic advisement, and leadership training. Eleven new scholars from various community colleges have been selected. The program boasts a 92% bachelor's degree completion rate, significantly higher than the national average of 16% for community college transfers. KEF recently received a three-year grant from the Ichigo Foundation to launch a Community College Bridge Program targeting high school students.

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Residential Home Health and Hospice, a division of Graham Healthcare Group, has been named a 2024 Top Workplace by the Chicago Tribune for the sixth consecutive year. The award, which recognizes companies in the Chicago metro area for employee satisfaction and engagement, is based on confidential employee feedback collected through Energage's third-party survey.

The survey evaluates workplace culture aspects including coaching, connection, engagement, leadership, and benefits. Companies must maintain a significant presence in greater Chicago and meet minimum employee participation requirements to qualify. Senior VP LeeAnn Lang emphasized that this recognition reflects their commitment to building a culture of excellence and employee satisfaction.

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Residential Home Health and Hospice, a division of Graham Healthcare Group, has been named a 2024 Top Workplace by the Detroit Free Press for the 14th consecutive year. The award, which recognizes excellence in employee satisfaction and engagement in the Detroit metro area, is based on confidential employee feedback collected through Energage's third-party survey.

The survey evaluates workplace culture factors including coaching, connection, engagement, leadership, and benefits. Companies must maintain a significant Detroit presence and meet minimum employee participation requirements to qualify. Senior VP LeeAnn Lang emphasized the recognition's alignment with their commitment to building a culture of excellence and employee satisfaction.

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Kaplan has been awarded the 2025 Military Friendly® Employer designation, recognizing its dedication to creating meaningful benefits for the military community. The designation was earned through evaluation of public data and proprietary survey responses among over 1,200 participating companies.

Scott Kilgore, Chief Customer Officer and U.S. Army veteran, emphasized Kaplan's commitment to empowering military personnel, highlighting how their leadership and capabilities strengthen the organization. The recognition will be featured in the December 2024 issue of G.I. Jobs® magazine, with Kaplan joining other employers who have demonstrated excellence in military personnel integration.

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Graham Holdings Company (NYSE: GHC) has announced a virtual Investor Day scheduled for Tuesday, December 10, 2024, from 1:00 p.m. to 2:30 p.m. ET. The event will feature a live webcast including audio and presentation slides, focusing on the company's operations and financials, along with a presentation from the management team. Registration is required through the company's website. An archived recording will be available after the event for those unable to attend live.

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FAQ

What is the current stock price of GRAHAM HOLDINGS COMPANY (GHC)?

The current stock price of GRAHAM HOLDINGS COMPANY (GHC) is $877.83 as of December 20, 2024.

What is the market cap of GRAHAM HOLDINGS COMPANY (GHC)?

The market cap of GRAHAM HOLDINGS COMPANY (GHC) is approximately 3.7B.

What is Graham Holdings Company?

Graham Holdings Company is a diversified education and media firm with key operations in educational services, television broadcasting, cable systems, and various media formats.

Who are the main subsidiaries of Graham Holdings?

Some main subsidiaries include Kaplan, Graham Media Group, Cable One, The Slate Group, Trove, and SocialCode.

What are the key segments of Graham Holdings’ operations?

The key segments are Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive.

What is Kaplan’s role within Graham Holdings?

Kaplan is a leading global provider of educational services, focusing on higher education, test preparation, language instruction, and professional training.

Which are some of the television stations owned by Graham Media Group?

Graham Media Group owns stations like WDIV in Detroit, KPRC in Houston, WKMG in Orlando, KSAT in San Antonio, and WJXT in Jacksonville.

What is Cable One?

Cable One is a cable service provider catering to small-city subscribers in 19 midwestern, western, and southern states.

How does Graham Holdings generate revenue?

The majority of revenue comes from Kaplan International segment, with significant contributions from television broadcasting through advertising.

What recent achievements has Graham Holdings made?

Recent achievements include strategic partnerships, technological innovations, and expansions in educational services and digital media.

What are some brands under The Slate Group?

Brands under The Slate Group include Slate, Slate V, TheRoot, and Foreign Policy.

What is SocialCode known for?

SocialCode is recognized for providing leading social marketing solutions.

GRAHAM HOLDINGS COMPANY

NYSE:GHC

GHC Rankings

GHC Stock Data

3.75B
3.15M
6.67%
82.85%
1.27%
Education & Training Services
Services-educational Services
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United States of America
ARLINGTON