Services Sector Review: More Affordable Education, Google’s New Privacy Policy

DeVry Inc. (NYSE:DV): President Obama is proposing changes that would incentivize colleges to make their tuition more affordable, according to The New York Times. The president, however, is also requesting significant increases in the amount of federal funds that colleges can receive, the newspaper adds.

The shares closed at $37.57, down $2.13, or 5.37%, on the day. Its market capitalization is $2.50 billion.

Google Inc (NASDAQ:GOOG) in the cross-hairs of regulators and privacy advocates alike, made clear that “Google is not the Internet,” the company is merely a content host, not a publisher, and its new privacy policy is meant to make things easier for its users, according to testimony from executives in front of a U.K. government committee, reported The Next Web.

The shares closed at $579.94, up $11.84, or 2.08%, on the day. Its market capitalization is $187.84 billion.

Netflix, Inc. (NASDAQ:NFLX): Hagens Berman is continuing to investigate Netflix for possible false or misleading statements to investors. A class-action lawsuit has been filed on behalf of investors. The deadline in the case to move for lead plaintiff is March 13. The case, filed in the United States District Court for the Northern District of California on Jan. 13, alleges that Netflix violated federal securities laws by failing to disclose in a timely fashion that short-term contracts with content providers would either expire or be extremely costly to renew. It also claims that company executives sold millions in company stock.

The shares closed at $123.79, up $7.78, or 6.71%, on the day. Its market capitalization is $6.86 billion.

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