Inventory Downgrades: ITT Educational Services Inc, AngloGold Ashanti Limited

New York, NY -- (SBWIRE) -- 01/09/2013 -- ITT Educational Services Inc. Company (NYSE:ESI) designs its education programs, after consultation with employers and other constituents, to help graduates prepare for careers in various fields involving their areas of study. The Company provides career-oriented education programs under the Daniel Webster College (DWC) name. During the year ended December 31, 2011, it began operations at 11 new ITT Technical Institute campuses and discontinued operations at one learning site.

ITT Educational Services Inc (NYSE:ESI) went down 2.44% and closed at $15.19. Barclays Capital lowered the rating on the stock from an equal weight rating to an underweight rating in a report issued. The firm currently has a $15.00 target price on the stock. The Company is a provider of postsecondary degree programs in the United States. According to reports from Reuters, the Company will pay $46-million to Sallie Mae to settle a lawsuit related to a risk-sharing agreement on loans to ITT students.

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AngloGold Ashanti Limited (NYSE:AU) is a gold mining company with a portfolio of assets and differing orebody types in key gold producing regions. The Company also produces silver, uranium oxide and sulfuric acid as by-products. AngloGold Ashanti has 20 operations in four regions consisting of open-pit and underground mines and surface metallurgical plants in 10 countries on four continents.

AngloGold Ashanti (NYSE:AU) is -0.15 - -0.52% from the previous close of $29.02. It traded between $28.79 - 29.13 with total traded volume of 581599 shares. At Current Market Price, AU is in distance of -5.33% from its 50-day Moving Average price of $30.4961 and -12.20% from its 200-day Moving Average price of $32.8823.

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