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Stock Market & Financial Investment News

News Breaks
February 13, 2013
10:16 EDTSLMSallie Mae sells residual interest in federally guaranteed student loan trust
Sallie Mae announced that it has sold the residual interest in its SLM Student Loan Trust 2007-4 securitization to a third party. Sallie Mae will continue to service the student loans in the trust under existing agreements. The sale will remove student loan assets of $3.8B and related liabilities of $3.7 billion from Sallie Mae’s balance sheet. The gain from the transaction will add 8c to Sallie Mae’s 2013 GAAP and core EPS.
News For SLM From The Last 14 Days
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October 23, 2014
12:13 EDTSLMSallie Mae management to meet with Compass Point
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October 22, 2014
16:33 EDTSLMSallie Mae sees FY14 core EPS 42c-43c, consensus 45c
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16:32 EDTSLMSallie Mae reports Q3 core EPS 17c, consensus 17c
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15:30 EDTSLMNotable companies reporting after market close
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