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Stock Market & Financial Investment News

News Breaks
January 24, 2014
05:53 EDTSLMSLM Corp. recent pullback a buying opportunity, says FBR Capital
FBR Capital attributes the recent pullback in shares of SLM Corp. to news that Senator Elizabeth Warren will introduce a bill to allow student borrowers to refinance their debt into lower interest rates and concern that President Obama could announce support for the bill in next week's State of the Union Address. FBR views the concerns as overblown as it sees very low odds of such a bill passing Congress. The firm recommends using the recent pullback in shares of SLM as a buying opportunity.
News For SLM From The Last 14 Days
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March 12, 2015
08:46 EDTSLMStudent Aid Bill of Rights unlikely to become law, says BMO Capital
After President Obama signed the “Student Aid Bill of Rights,” which proposes the right to discharge student debt into bankruptcy, BMO Capital says that such a change would imply financial risk to student lenders such as Sallie Mae (SLM). However, the firm does not expect the proposal to become law. It does not expects its estimates for Sallie Mae or education loan provider Navient (NAVI) to change, and keeps Market Perform ratings on both stocks. Publicly traded for-profit education companies include American Public Education (APEI), Apollo Education (APOL), Bridgepoint Education (BPI), Career Education (CECO), Corinthian Colleges (COCO), DeVry (DV), Grand Canyon (LOPE), ITT Educational (ESI) and Strayer (STRA).

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