Matt Snowling News
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SLM Corp. , the student lender known as Sallie Mae, said fourth-quarter earnings rose 45 percent on gains from repurchasing debt.
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SLM Corp. , the largest U.S. student- loan company, plans to sell $2 billion of debt as investor confidence in the company known as Sallie Mae rises to the most in more than two years.
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SLM Corp. , the largest U.S. student lender known as Sallie Mae, reported second-quarter profit of $338 million, citing derivative gains.
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Discover Financial Services agreed to buy Citigroup Inc. ’s Student Loan Corp. in a deal valued at $600 million to become the third-biggest U.S. provider of private student loans.
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SLM Corp. , the lender known as Sallie Mae, had its 2011 earnings estimate boosted 8.4 percent at FBR Capital Markets after announcing the acquisition of $28 billion of debt bundled and sold as bonds and related assets from Citigroup Inc.’s Student Loan Corp.
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Charles Schwab Corp. , the largest independent brokerage by client assets, reported third-quarter profit that beat the average analyst estimate as sales from earned interest offset a decline in trading revenue.
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The Obama administration proposed banning for-profit colleges from tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take out government loans they can’t afford.
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The Obama administration is delaying the release of a proposed rule that would cut federal financial aid flowing to for-profit colleges, Congressional aides said today. Analysts said the move means the government may back away from a regulation the industry is fighting.
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Bank of America Corp. , the largest U.S. bank by assets, is trying to attract investors with less to invest through a new online trading site.
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