“Princeton Review terminates tutoring program” plus 3 more

Princeton Review terminates tutoring program
Princeton Review Terminates Tutoring Program
Research and Markets: Private Tutoring - Global Strategic Business Report: US, Europe, Asia-Pacific, and Rest of World
Princeton Review terminates tutoring program

Princeton Review terminates tutoring program

Posted: 18 May 2010 02:32 PM PDT

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24 seconds ago 2010-05-19T10:59:44-07:00

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Princeton Review Terminates Tutoring Program

Posted: 18 May 2010 04:02 PM PDT

Test prep and online learning company Princeton Review Inc. said Tuesday it will no longer offer its free after-school tutoring program after the current school year ends.

The company will close certain program offices and offer severance to 60 full-time employees nationwide, a spokesman said.

Princeton Review said it will incur about $2.6 million in expenses for the quarters ended June 30 and Sept. 30 relating to lease termination and layoffs.

The company said "recent philosophical changes at the state and federal levels have significantly altered the landscape" for such programs and hurt growth opportunities.

The program, called Supplemental Educational Services, worked with about 100 school districts across the country to create free tutoring services for students. The decision does not affect Princeton Review's test preparation business.

Shares of the company dropped 13 cents, or 4.7 percent, to close at $2.64.

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Research and Markets: Private Tutoring - Global Strategic Business Report: US, Europe, Asia-Pacific, and Rest of World

Posted: 19 May 2010 09:00 AM PDT

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ab7e69/private_tutoring) has announced the addition of the "Private Tutoring - Global Strategic Business Report" report to their offering.

This report analyzes the worldwide markets for Private Tutoring in US$ Million. The report provides separate comprehensive analytics for the US, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for each region for the period 2007 through 2015. Also, a six-year historic analysis is provided for this market. The report profiles 83 companies including many key and niche players such as Club Z! Tutoring Services, CompuChild Services of America, Inc., Daekyo Co. Ltd., Educomp Solutions Ltd., Huntington Learning Centers, Inc., JEI Corporation, Kaplan Inc., Kids R Kids, Kumon, LearningRx, Mathnasium LLC, Sylvan Learning, Tutoring Club, Inc., TutorVista Global Pvt. Ltd., and Woongjin Thinkbig Co Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

Please note: Reports are sold as single-site single-user licenses. The delivery time for hard copies is between 3-5 business days, as each hard copy is custom printed for the organization ordering it. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks.

For information on site licence pricing please click on Enquire before buying.

Key Topics Covered:

PRIVATE TUTORING

A GLOBAL STRATEGIC BUSINESS REPORT CONTENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

II. Executive Summary

1. INDUSTRY OVERVIEW

2. PRODUCT OVERVIEW

3. PRODUCT/SERVICE INTRODUCTIONS

4. RECENT INDUSTRY ACTIVITY

5. FOCUS ON SELECT GLOBAL PLAYERS

6. GLOBAL MARKET PERSPECTIVE