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With plenty of positive news about potential COVID-19 vaccines in November, financial stocks in general have outpaced the S&P 500 in the past month, with consumer finance (red line in chart below), in particular turning in the best performance.Nasdaq U.S. Small Cap Banks Index (green), th...
Sallie Mae ® (Nasdaq: SLM), formally SLM Corporation, announced today the expiration and results for its previously announced cash tender offer (the “Offer”) to purchase up to 2,000,000 shares (the “Maximum Share Amount”) of its Floating Rate Non-Cum...
Jefferies global equity strategist Sean Darby improves his outlook on U.S. banks and consumer financial stocks to "bullish" from "modestly bullish" as "improved visibility towards a successful coronavirus vaccine, easier lending conditions, little evidence of deflation and a sentiment switch ...
Sallie Mae’s Chief Executive Officer Jon Witter offered the following statement regarding the results of the 2020 Presidential Election: “We’ve watched our electoral process play out over the last few days, the voters have spoken, and we now know that De...
Sallie Mae Offers Free Scholarship Search Tool, Home to 6 Million Scholarships Worth $30 Billion, to Help Students Find Free Money During National Scholarship Month Despite the large-scale impact of the pandemic, college remains a priority for families. According to a re...
At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. For the 3rd quarter of 2020, the Fund outperformed both the Financials sector benchmark and the overall mark...
Sallie Mae (SLM) offers to buy up to 2M shares of its floating rate non-cumulative preferred stock, series B, par value $0.20 per share, at $45 per share.The offer will expire on Nov. 24, 2020 at 11:59 PM ET.SLM is using proceeds from its offering of $500M principal amount of 4.200% senior no...
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, announced today the commencement of a cash tender offer (the “Offer”) to purchase up to 2,000,000 shares (the “Maximum Share Amount”) of its Floating Rate Non-Cumulative Preferred Stock, Series B, par ...
Sallie Mae (SLM), formally SLM, priced its public offering of $500M principal amount of 4.200% senior notes due 2025 at par.Senior notes are expected to be issued on Oct. 29, 2020.Proceeds to be used for funding a tender offer for up to 2M shares of its outstanding Floating Rate Non-Cumu...
Sallie Mae® (NASDAQ: SLM), formally SLM Corporation, today announced that it priced its public offering of $500 million aggregate principal amount of 4.200% Senior Notes due 2025 (the “Senior Notes”) at par. J.P. Morgan Securities LLC and RBC Capital Markets, LLC ...
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Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Morgan Stanley U.S. Financials, Payments, and CRE Conference on Tuesday, June 11, at 8 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/...
Vieira Recognized at Girls Inc. of NYC’s 25th Annual ‘Lifting Girls Up Gala and College Shower’; Announced $25,000 contribution to Support Local Students Sallie Mae Executive Vice President and Chief Commercial Officer Donna Vieira was honored by Girls Inc. of...
Sallie Mae ® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the TD Financial Services & Fintech Summit on Thursday, June 6, at 10:55 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors...