With Hillary Clinton attacking such predatory colleges on the campaign trail, industry executives have incentive to again provide big campaign dollars in hopes of having a friend in the White House come 2017 so that they can stay with their business model: deceiving and abusing students, and cashing their federal checks.
But the company is trying to gain a larger role in e-books, where it still clearly trails the industry leader, Amazon, the biggest e-book seller in the United States.
Its price-to-book ratio of 1.5 trails the industry average of 2.1.
But analysts said the company, which has been trailing the industry in sales and earnings growth, lacked a big new product.
NEW YORK TIMES | BLOOMBERG NEWS 'Most Impressive' Manager Lags Behind | Greg Coffey, a fund manager at Moore Capital Management, seems to have fallen short of proving himself to be, in the words of the firm's founder, "one of the most impressive traders in the world," as his average returns have trailed the industry, Bloomberg News reports.
At 45 times trailing earnings, industry leader EA is more expensive than its competitors.
Trailing behind industry leader Apple are Yahoo!, Microsoft, RealNetworks and Napster, among others.
One data set, though, shows they are trailing behind industry benchmarks: In five years hedge and private equity funds returned 2.3% annually for the state against a benchmark of 7.7%, real estate funds 10.5% versus the benchmark 11.9%.
Carlisle, based in Syracuse, will buy closely held Red River through its Trail King Industries unit.
