International Business News - Sallie http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Student lender SLM Corp. plans to open an operations center in Newark that could employ up to 1,100 workers. The company, better known as Sallie Mae, expects to hire about 750 employees by the end of 2010, and 350 more the next year. http://www.ibtimes.com/articles/20081120/sallie-mae-to-open-delaware-operations-center.htm Thu, 20 Nov 2008 11:40:28 EST The chief executive of Sallie Mae said Thursday that despite government assistance, continued stress in the credit markets and the tough economy continue to weigh on the nation's largest student lender. http://www.ibtimes.com/articles/20081023/sallie-mae-ceo-hoping-for-credit-thaw.htm Thu, 23 Oct 2008 09:59:50 EDT Friedman, Billings, Ramsey & Co. analyst Matt Snowling reiterated an "Outperform" rating on Sallie Mae Thursday, after the student lender said its loss narrowed in the third quarter. http://www.ibtimes.com/articles/20081023/ahead-of-the-bell-analyst-bullish-on-sallie-mae.htm Thu, 23 Oct 2008 08:22:32 EDT Sallie Mae, the nation's largest student lender, said Wednesday it lost $159 million in the third quarter as strains in the credit markets pushed its funding costs higher. http://www.ibtimes.com/articles/20081022/sallie-mae-narrows-3rd-quarter-loss.htm Wed, 22 Oct 2008 20:07:09 EDT Sallie Mae, the nation's largest student lender, is reporting its third-quarter earnings against a backdrop of continued distress in the credit markets that has pushed its funding costs higher. http://www.ibtimes.com/articles/20081022/ahead-of-the-bell-slm-to-post-3q-results.htm Wed, 22 Oct 2008 06:59:17 EDT Shares of Sallie Mae, the nation's largest student lender, plummeted in trading Wednesday along with other financial companies and the overall market as investor gloom returned to Wall Street after a brief respite earlier this week. http://www.ibtimes.com/articles/20081015/sallie-mae-shares-plummet-amid-market-rout.htm Wed, 15 Oct 2008 17:30:15 EDT Shares of student lender SLM Corp. rose Friday even as a Keefe, Bruyette & Woods analysts lowered earnings estimates due to continued pressures in the credit markets. http://www.ibtimes.com/articles/20081010/slm-corp-shares-rise-analysts-lower-estimates.htm Fri, 10 Oct 2008 20:19:23 EDT Shares of student lender SLM Corp. jumped Thursday after the company said it expects third-quarter earnings to beat Wall Street expectations and that it is well-capitalized. http://www.ibtimes.com/articles/20081002/slm-corp-shares-rise-co-expects-to-beat-views.htm Thu, 02 Oct 2008 20:11:05 EDT Student lender Sallie Mae said Monday it has appointed David West as senior vice president and chief credit officer. West most recently served in senior credit and risk management positions at MBNA and Bank of America Corp., the company said. http://www.ibtimes.com/articles/20080922/sallie-mae-names-new-chief-credit-officer.htm Mon, 22 Sep 2008 14:37:05 EDT Student lender SLM Corp., the student lender better known as Sallie Mae, said Thursday it named Kenneth Fischbach senior vice president of corporate finance. http://www.ibtimes.com/articles/20080904/sallie-mae-names-fischbach-sr-vp-of-corp-finance.htm Thu, 04 Sep 2008 09:47:18 EDT Analysts at Keefe Bruyette & Woods noted Thursday that funding costs are continuing to rise at Sallie Mae, the nation's largest student lender, for its sales of student loans packaged together as securities. http://www.ibtimes.com/articles/20080828/analysts-cite-rising-costs-for-slm.htm Thu, 28 Aug 2008 11:22:36 EDT Shares of student lender SLM Corp., better known as Sallie Mae, rose Wednesday after an analyst initiated coverage with an "Accumulate" rating and $23 price target. http://www.ibtimes.com/articles/20080827/sallie-mae-rises-as-analyst-initiates-coverage.htm Wed, 27 Aug 2008 17:27:59 EDT Shares of Sallie Mae, the nation's largest student lender, declined Thursday amid deepening investor anxiety over financial companies on Wall Street. Shares of Sallie Mae, formally called SLM Corp., dipped 43 cents, or 3 percent, to $13.90 in midmorning trading. http://www.ibtimes.com/articles/20080821/sallie-mae-shares-slip-3-percent.htm Thu, 21 Aug 2008 11:44:58 EDT Shares of Sallie Mae tumbled Tuesday, skidding close to their 52-week lows, in a declining market anxious over the latest economic signposts and rebounding oil prices. http://www.ibtimes.com/articles/20080819/sallie-mae-shares-fall-nearly-13-percent.htm Tue, 19 Aug 2008 18:59:25 EDT Sallie Mae, the nation's largest student lender, spent $640,000 lobbying in the second quarter for government help to shore up the troubled student loan market and on legislation related to other issues affecting the industry, according to a recent disclosure report. http://www.ibtimes.com/articles/20080818/sallie-mae-spent-640k-lobbying-government-in-2q.htm Mon, 18 Aug 2008 14:34:09 EDT Among the earnings stories for Wednesday, July 23, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080723/earnings-roundup-sallie-mae-amazon-com.htm Wed, 23 Jul 2008 18:27:05 EDT Student lender SLM Corp., more commonly known as Sallie Mae, said Wednesday its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and the company took charges related to its restructuring. http://www.ibtimes.com/articles/20080723/sallie-maes-2q-profit-falls-72-percent.htm Wed, 23 Jul 2008 18:29:08 EDT Sallie Mae, the nation's largest student lender, spent more than $1.4 million in the first quarter to lobby on efforts to shore up the troubled student loan market and other legislation affecting the industry. http://www.ibtimes.com/articles/20080624/sallie-mae-spent-more-than-1-4m-lobbying-in-1q.htm Tue, 24 Jun 2008 11:44:13 EDT SLM Corp., the nation's largest student lender, said Thursday it sold $2.5 billion of 8.45 percent, 10-year senior unsecured notes priced to yield 8.75 percent. http://www.ibtimes.com/articles/20080612/sallie-mae-sells-2-5-billion-in-10-year-notes.htm Thu, 12 Jun 2008 09:38:23 EDT Student lender Sallie Mae said Tuesday it named two former Bank of America executives as divisional senior vice presidents. Tim Hynes was named senior vice president of credit. Hynes most recently worked in credit card account marketing for Bank of America. http://www.ibtimes.com/articles/20080520/sallie-mae-appoints-2-new-senior-vice-presidents.htm Tue, 20 May 2008 08:27:27 EDT