Seeking Alpha

SLM Corporation (SLM)

  • Jul. 20, 2011, 12:10 AM
    Notable earnings before Wednesday's close: AF, AMLN, AXP, CA, CAKE, CYS, EBAY, ETFC, EWBC, FFIV, INTC, NE, NFX, QCOM, RHI, SLM, STX, TEX, XLNX
    | Comment!
  • Apr. 21, 2011, 1:28 PM
    Look who's running today: student-loan giant Sallie Mae (SLM +14.1%), beaming after last night's earnings beat combined with a $300M repurchase authorization and a $0.10 quarterly dividend - its first since 2007.
    | Comment!
  • Apr. 20, 2011, 4:50 PM
    SLM (SLM): Q1 EPS of $0.48 beats by $0.08. Shares +10.6% AH. (PR)
    | Comment!
  • Apr. 20, 2011, 12:10 AM
    Notable earnings after Wednesday's close: AAPL, AMGN, AMR, AXP, BSX, CAKE, CMG, CVA, ESV, ETFC, FFIV, GILD, KNX, LRCX, MAR, NE, NFX, PBCT, QCOM, RRR, SLM, TEX, WDC, WLT, YUM
    | Comment!
  • Jan. 19, 2011, 4:50 PM
    SLM (SLM): Q4 EPS of $0.75 may not be comparable with consensus of $0.71. (PR)
    | Comment!
  • Jan. 19, 2011, 12:10 AM
    Notable earnings after Wednesday's close: EBAY, FFIV, SLM, STX, XLNX
    | Comment!
  • Dec. 20, 2010, 1:50 PM
    SLM Corp. (SLM +6.5%) is among the day's top gainers after Barron’s says shares of the student loan provider could climb as high as $20 in the next 18 months. Investors aren't giving Sallie Mae enough credit for its large government-backed loan portfolio, which is “virtually risk-free,” Andrew Bary writes. There’s also a possibility that a big bank could come calling, he says.
    | 1 Comment
  • Oct. 19, 2010, 4:44 PM
    SLM (SLM): Q3 EPS of $0.35 beats by $0.08. (PR)
    | Comment!
  • Oct. 19, 2010, 12:10 AM
    Notable earnings after Tuesday's close: ALTR, BSX, CREE, FULT, GILD, JNPR, SLM, SYK, TPX, URI, WDC, YHOO
    | Comment!
  • Sep. 17, 2010, 9:25 AM
    Student Loan Corp. (STU) confirms earlier reports that it will be sold in a series of transactions: Discover Financial Services (DFS) will acquire STU, and Sallie Mae (SLM) will acquire from STU $28B of securitized federal student loans and related assets and Citigroup (C) will acquire $8.7B in loans and other assets from STU. Upon the closing of the transactions, STU shareholders will receive $30/share.
  • Sep. 17, 2010, 8:13 AM
    Citigroup (C) could announce a deal to unload its student-lending subsidiary, Student Loan Corp. (STU) as early as today. SLM (SLM) and one or two other student lenders are hammering out a $500-600M offer, sources say. Citi put a for-sale sign on STU by placing it in Citi Holdings, which holds assets Citi views as ancillary. STU +5.2% premarket. C +0.8%.
    | Comment!
  • Jul. 28, 2010, 9:22 AM
    Sallie Mae (SLM) hires Goldman Sachs (GS) to advise on a potential sale or spinoff of its student-loan servicing business and its $145B government-subsidized loan portfolio, according to the NY Post, and considers the possibility of converting part of its platform into a traditional deposit-taking bank. SLM +5.2% premarket.
  • Jul. 20, 2010, 5:24 PM
    SLM (SLM): Q2 EPS of $0.39 beats by $0.10. Shares +0.7% AH. (PR)
    | Comment!
  • Jul. 20, 2010, 12:10 AM
    Notable earnings after Tuesday's close: AAPL, ALTR, BSX, CTAS, FIS, FULT, GILD, JNPR, LLTC, MDRX, SLM, STX, SYK, TPX, VMW, YHOO
  • Jul. 2, 2010, 10:52 AM
    Sallie Mae (SLM) says it will cut thousands of jobs despite making new hires as part of moving its headquarters from Virginia to Delaware; earlier the student lender forecast cutting more than 2,500 of its 8,600 jobs.
    | Comment!
  • Apr. 21, 2010, 4:49 PM
    SLM (SLM): Q1 EPS of $0.39 beats by $0.10. Shares +2.1% AH (PR)
    | Comment!
Visit Seeking Alpha's
SLM vs. ETF Alternatives
Company Description
SLM Corp is engaged in saving, planning and paying for education company. It provides funding, delivery & servicing support for education loans in the United States through its private education loan programs.
Sector: Financial
Industry: Credit Services
Country: United States