All Posts Tagged With: "SLM"
(SLM) Sallie Mae Stays Outperform
We have reiterated our Outperform recommendation on SLM Corp. (SLM), better known as Sallie Mae, following its fourth quarter and full year 2011 earnings release and the recent announcement of dividend increase...
(SLM) Sallie Mae Enhances Shareholder Value
SLM Corp. (SLM), commonly known as Sallie Mae, remains committed to boosting investors’ confidence through dividend increases and share buybacks. The company announced a 25% hike in its quarterly dividend...
(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11
While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500.
Thus, by the end of the week we...
(SLM) SLM Corporation – Bull of the Day
We are upgrading our recommendation on SLM Corporation (SLM) to Outperform. Its second quarter 2011 core earnings beat the Zacks Consensus Estimate, on the back of an increase in student loan originations,...
(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11
Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are...
(COF) The Cheap “Ones” – Finding Value Stocks
Firms for which the market’s expectations of the future are low tend to be very cheap statistically. There is a very large body of research that suggests that over time you do much better buying cheap firms than expensive ones, even if the expensive ones seem to have the...
(DFS) Discover Financial Services Beats Analyst Estimates
Discover Financial Services (DFS) reported a fiscal fourth quarter earnings of $346.5 million or 64 cents per share, well ahead of the Zacks Consensus Estimate of 42 cents.
The prior-year quarter posted...
(SLM) Sallie Mae Earnings Report Beats Estimates
SLM Corp. (SLM), commonly known as Sallie Mae, reported third quarter core earnings of $189 million or 35 cents per share, ahead of the Zacks Consensus Estimate of 27 cents. The results compare favorably with...
(C) Citigroup Quits Private Student Loan Business
Citigroup Inc. (C) has decided to exit its private student loan business. Its indirect subsidiary, Student Loan Corporation (STU) has signed...
(DFS) Discover Financial Services’ Earnings Beat Consensus Estimates
Discover Financial Services (DFS) reported a fiscal third quarter earnings of $261 million or 47 cents per share, well ahead of the Zacks Consensus Estimate of 35 cents. However, results dipped about 55% from...
(SLM) Sallie Mae Analyst Downgrades Stock to Neutral
We are downgrading our recommendation on SLM Corporation (SLM) to Neutral.
The company, commonly known as Sallie Mae, reported first quarter core earnings of 39 cents per share, ahead of the Zacks Consensus...
(SLM) SLM Corporation Sells Killeen, Texas Service Center
Student lender SLM Corporation (SLM), which is commonly known as Sallie Mae, has agreed to sell Customer Service Center in Killeen, Texas to Aegis Ltd, which is a part of Essar Group, the Indian conglomerate.
As...
(SLM) Major Changes as U.S. Student Loan Overhaul Approved
Last week, both the House and the Senate passed a bill to overhaul the student loan program, ending the Federal Family Education Loan Program (FFELP) that provided federal subsidies to private lenders.
As a result of this, federally guaranteed student loans would be...
(SLM) Sallie Mae Reports Profits But Misses Consensus Expectations
SLM Corporation (SLM), commonly known as Sallie Mae, reported fourth quarter core earnings of $249 million or 41 cents per share and just missed the Zacks Consensus Estimate of 44 cents. However, the results...
(NNI) Nelnet’s CUnet to Buy Sparkroom
CUnet, a subsidiary of Nelnet Inc.’s (NNI), announced yesterday that it has agreed to acquire Sparkroom, a provider of enrollment marketing automation and lead performance management solutions. The transaction...
(SLM) SLM Corporation (Sallie Mae) – Bull of the Day
We are upgrading our recommendation on the shares of SLM Corporation, or Sallie Mae (SLM) to Outperform. The company’s third quarter earnings were well ahead of the Zacks Consensus Estimate,...
(SLM) SLM Corporation “Sallie Mae” Upped to Outperform
We are upgrading our recommendation on the shares of SLM Corporation (SLM) to Outperform. Based in Reston, Virginia and commonly known as Sallie Mae, SLM Corporation is the nation’s market leader in education...
(COF) Capital One Financial Corp Default Rates Increase Risk
On Tuesday, the third-largest issuer of Visa credit cards, Capital One Financial Corp. (COF) stated a rise in its net annual charge-off rate to 9.60% in Nov 2009 from 9.04% in Oct 2009. The statement came...
(SLM) SLM Corporation (Sallie Mae) Beats Earnings Estimate
SLM Corporation (SLM) or commonly know as Sallie Mae, reported third quarter core earnings of $164 million or 26 cents per share. Results were well ahead of the Zacks Consensus Estimate of 8 cents per share. The company had earned 19 cents in the year-ago...
(SLM) House of Representatives Approves Student Loan Bill
On Thursday, the House of Representatives approved a bill that would effectively eliminate the role of private lenders in the student loan market and establish the government as the sole lender of student loans under a program run by the US Education department.
The...
(SLM) Fitch Ratings Downgrades Sallie Mae
The corporate ratings of student lender SLM Corp. or Sallie Mae (SLM) was downgraded by Fitch Ratings yesterday. The outlook assigned was negative. The ratings downgrade reflects the agency’s concern about the company’s business model....
(SLM) Will Moody’s Downgrade Sallie Mae?
Moody’s Investors Service said on Thursday that is thinking about downgrading the long-term ratings of the nation’s biggest student lender, SLM Corp. or Sallie Mae (SLM).
Previously, on May 13, Moody’s cut Sallie Mae’s...
(OCN) U.S. Banks – Industry Outlook
We think that the worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods — there are still many significant challenges ahead. The banks are now able to tap the debt markets without FDICs support and also access the equity...
(OCN) U.S. Banks – Industry Outlook
The worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods, as there are still many significant challenges ahead.
Ten of the nation’s largest banks have received the Treasury approval for TARP repayment, as they...
(FRE) U.S. Banks – Zacks Analyst Interviews
The worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods, as there are still many significant challenges ahead.
Ten of the nation’s largest banks have received the Treasury approval for TARP repayment, as they...