Adtalem Global Ed Inc Stock Price, News & Analysis

Adtalem Global Education (NYSE: ATGE) is exploring strategic alternatives for its Financial Services segment, which includes ACAMS, Becker Professional Education, and OnCourse Learning. This move aligns with its commitment to optimize its portfolio, focusing on healthcare education. The Financial Services segment holds significant market share in the $5.2 trillion industry, driven by a demand for education and training solutions due to regulatory requirements. No specific timeline for the review has been set, and Morgan Stanley & Co. LLC and Skadden, Arps, Slate, Meagher & Flom LLP have been engaged as advisors.

Adtalem Global Education (NYSE: ATGE) will hold a conference call on August 19, 2021, at 4 p.m. CT to discuss its fiscal 2021 fourth quarter and full-year results. The call will feature CEO Lisa Wardell and interim CFO Bob Phelan. Participants can join via telephone or listen live on the web. A playback of the call will be available until September 19, 2021. Adtalem focuses on empowering students and operates multiple educational institutions, including the American University of the Caribbean School of Medicine and Ross University School of Medicine.

Adtalem Global Education (NYSE: ATGE) has appointed Josh Braunstein as the president and managing director of Becker Professional Education, in addition to his current role leading OnCourse Learning. Since taking on the interim role at Becker in February 2021, Braunstein has demonstrated strategic vision and effective leadership, making him a key choice for the position. His background includes transforming Wolters Kluwer's CPE business from negative to double-digit growth. Adtalem, a workforce solutions provider, seeks to address talent needs in healthcare and financial services sectors.

Adtalem Global Education (NYSE: ATGE) has appointed Douglas G. Beck as Senior Vice President, General Counsel, and Corporate Secretary. Beck, with extensive experience in corporate legal practice, will oversee the legal department and provide counsel in areas such as M&A, corporate governance, and compliance. Previously, he served as Executive Vice President and General Counsel at Hub Group. CEO Lisa Wardell expressed excitement about Beck's appointment, highlighting his strong legal expertise and business understanding as valuable assets to Adtalem.

A study by Chamberlain University reveals significant stress levels among nurses during the COVID-19 pandemic. Commissioned to Forrester Consulting, it surveyed nurses multiple times over six months. Key findings include that 90% of nurses faced high stress, with only 29% reporting well-being during the pandemic, down from 75% pre-COVID. Despite this, 76% remain passionate about their work. In response, Chamberlain has launched an online Nurse Well-Being Assessment to address these needs, emphasizing the importance of well-being supports for nursing professionals.

Chamberlain University and LCMC Health have launched the Called-to-Care Scholars Program to combat the projected shortage of 500,000 nurses by 2030. This initiative offers tuition-free education to 90 Bachelor of Science in Nursing students annually for three years, funded by LCMC Health. In return, graduates must work for LCMC Health for three years and pass the NCLEX-RN exam. This program aims to build a sustainable nursing workforce and enhance community healthcare access, addressing critical staffing challenges in the healthcare sector.

ACAMS and NABCRMP have partnered to enhance diversity, equity, and inclusion in the anti-financial crime sector. The collaboration aims to create training opportunities for Black professionals and compliance experts, promoting access to roles within ACAMS. NABCRMP will guide ACAMS in identifying barriers facing Black compliance professionals while fostering conversations on diversity's role in effective risk mitigation. This initiative aligns with ACAMS' Diversity, Equity, and Inclusion strategy, which was launched earlier this year and aims to celebrate and elevate African-American professionals in the compliance field.

Adtalem Global Education Inc. (NYSE: ATGE) announced its fiscal 2021 third quarter results for the period ending March 31, 2021. The company demonstrated its commitment to workforce solutions, empowering students and communities. A conference call discussing financial performance is scheduled for today at 4 p.m. CT. Adtalem also offers an archive of the call until May 29, 2021. The organization comprises various educational institutions and strives to enhance community contributions. For further details, visit adtalem.com.