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Below is a three month price history chart comparing the stock performance of WAC vs.
FORBES: Walter Investment Management Corp Larger Than S&P 500 Component DeVRY
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At the closing bell, WAC is up about 0.7%, while DV is trading flat on the day Tuesday.
FORBES: Walter Investment Management Corp Larger Than S&P 500 Component DeVRY
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And at Walter Investment Management Corp (WAC), there was insider buying on Monday, by Vice Chairman and Exec.
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And in announcing their joint intention to bail from the WAC, it discouraged BYU from re-joining the WAC in select sports.
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Starting no later than 2012, the WAC would be comprised of Utah State, Louisiana Tech, New Mexico State, Idaho, Hawaii, and San Jose State.
FORBES: Fresno State and Nevada Act Savvy not Selfish in Move to Mountain West
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Nevada, Fresno State, and Hawaii announced intentions to defect from the WAC to the Mountain West, leaving the WAC to scramble for survival come 2012.
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He added the group will be looking into whether they could legally challenge the refurbishment plans, which, the WAC said, 86% of residents voted against during a consultation.
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Financially, the move should pay off by increasing media revenues and cutting expenses since neither school would need to travel to such WAC destinations as Hawaii or Louisiana Tech.
FORBES: Fresno State and Nevada Act Savvy not Selfish in Move to Mountain West
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For the WAC to survive in any form, they may have to take the tact that the Big East did several years ago and just try to be the best basketball conference it can be by raiding other conferences.
FORBES: Fresno State and Nevada Act Savvy not Selfish in Move to Mountain West
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Mid-Major, as defined by the CollegeInsider.com Mid-Major Top 25, are schools that play in the following conferences: America East, Atlantic Sun, Big Sky, Big South, Big West, Colonial, Great West, Horizon, Independents, Ivy, Metro Atlantic, Mid-American, Mid-Eastern, Missouri Valley, Northeast, Ohio Valley, Patriot, Southern, Southland, Southwestern, Summit, Sun Belt, WAC, and West Coast.
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