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Business Wire (Free subscription) | 11/18/2008
RESTON, Va.--(BUSINESS WIRE)--SLM Corp. (NYSE:SLM), commonly known as Sallie Mae and the nation’s leading provider of education credit and related services, today announced that Vice Chairman & CFO Jack
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Business Wire (Free subscription) | 10/31/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed 59 classes from the following Federal Family Education Loan Program (FFELP) student loan asset-backed notes issued by SLM Corp (SLM).
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Seeking Alpha China (Free subscription) | 10/23/2008
Start Time: 08:00End Time: 09:12SLM Corp. (Q3 2008 Earnings CallOctober 23, 2008 8:00 am ETSteve McGarry - SVP of IRAl Lord - Vice Chairman and CEOJack Remondi - Vice Chairman and CFOAnalystsSameer Gokhale - KBWLee Cooperman - Omega AdvisorsMatt Snowling - FBR Capital MarketsJay Sheth - Columbus HillBruce Harting - BarclaysMike Taiano - Sandler O'NeillMoshe Orenbuch - Credit SuisseRyan...
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Indy Star (Free subscription) | 12/01/2008
The fear is that default rates on student loans will increase, as seen in the mortgage and credit-card worlds. SLM Corp., or Sallie Mae, the largest private student lender, reported a delinquency rate of 9.4 percent in September, up from 8.5 percent a year earlier. "It's clearly because of economic conditions," said spokesman Tom Joyce. "The credit crunch has washed onto the student-loan beach."...
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The Jacksonville Business Journal (Free subscription) | 10/24/2008
SLM Corp., commonly known as Sallie Mae, posted a third-quarter loss of $159 million, an improvement from its 2007 third-quarter loss of $344 million, the company announced after the markets closed Wednesday. (SLM)
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The New Mexico Business Weekly (Free subscription) | 10/23/2008
SLM Corp., commonly known as Sallie Mae, posted a third-quarter loss of $159 million, an improvement from its 2007 third-quarter loss of $344 million, the company announced after the markets closed Wednesday. (SLM)
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The Atlanta Business Chronicle (Free subscription) | 10/23/2008
SLM Corp., commonly known as Sallie Mae, posted a third-quarter loss of $159 million, an improvement from its 2007 third-quarter loss of $344 million, the company announced after the markets closed Wednesday. (SLM)
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The Washington Business Journal (Free subscription) | 10/23/2008
SLM Corp., commonly known as Sallie Mae, posted a third-quarter loss of $159 million, an improvement from its 2007 third-quarter loss of $344 million, the company announced after the markets closed Wednesday. (SLM)
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Market Watch (Free subscription) | 10/22/2008
SAN FRANCISCO (MarketWatch) -- SLM Corp. , more commonly known as Sallie Mae, late Wednesday reported third-quarter "core earnings" net income of $117 million, or 19 cents a share, down from $259 million, or 59 cents a share, in the third quarter of last year. Earnings on a "core" basis exclude the effect of accounting for derivatives. The educational lender reported a net loss of $159 million...
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Reuters UK (Free subscription) | 10/23/2008
*Q3 net loss of $159 million, or 40 cents a share*Boosts provisions*Borrows $3.6 billion from U.S. to help fund loans*Adjusted results in line with expectations (Adds earnings estimate, background on Sallie Mae)NEW YORK, Oct 22 (Reuters) - Sallie Mae (SLM.N: ), the largest U.S. student loan company, posted a quarterly net loss on Wednesday, after writing down derivative contracts and setting aside...