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Option Trader Cashes In On Fifth Third Bancorp (FITB)

Wed, 21 Oct 2009 17:11:17 GMT

Today's tickers: FITB, VALE, SLM, EXPE, SNDK, SLM & YHOO[More...]

Weekly Credit Summary: August 28

Fri, 28 Aug 2009 21:57:29 GMT

Credit underperformed equities this week as single-name tighteners edged wideners by four-to-three leaving indices (especially HY) underperforming intrinsics in general. CONSumer and ENRG names underperformed as TMT and FINLs were best with INDUstrials mixed. Financials outperformed non-financials but the strength in the former was more at the tails of the distribution while the weakness in the latter was more broad-based.[More...]

U.S. Banks - Industry Outlook

Tue, 14 Jul 2009 13:25:21 GMT

We think that the worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods -- there are still many significant challenges ahead. The banks are now able to tap the debt markets without the FDIC’s support, and also access the equity markets as the investor confidence returns in the stronger banks. Many banks have already repaid the TARP funds to the Treasury. ? While the bigger banks benefited greatly from the various programs launched by the Federal Reserve, the Treasury and the FDIC and are now in much better shape, many smaller banks are still in a very weak financial state and the FDIC’s list of problem banks continues to grow. Further, government efforts have not succeeded in restoring the lending activity at the banks.?Lower lending activity will continue to hurt margins, though the low interest rate environment should be beneficial to the banks with a liability-sensitive balance sheet.[More...]

Sallie Mae (NYSE: SLM) Backs Community's Proposal

Thu, 09 Jul 2009 16:27:50 GMT

On July 7, 2009, SLM Corporation (SLM), commonly known as Sallie Mae, announced its support for the Student Loan Community's proposal to reform the student loan program. The alternative proposal, put forth by a diverse group that includes non-profit, for-profit and state-based service providers and guaranty agencies seeks to enhance the Administration’s plan to better serve students, families, schools, and taxpayers. The plan also aims at retaining a significant role for private lenders in the student loan market. The Administration’s plan is framed to provide certainty that funding will be available to students and save nearly $90 billion over the next decade by ending unnecessary public subsidies paid to banks. It would use the freed up resources to partially cover the cost of a permanent increase in grants for students from[More...]

Worst Financial Stocks To Avoid

Tue, 07 Jul 2009 15:38:07 GMT

Yesterday, we published an article on five best financial stocks to invest. Today we focus on five worst financial stocks which investors should avoid.[More...]

SLM Corp (NYSE:SLM): Upgraded To Overweight At JP Morgan

Thu, 25 Jun 2009 12:39:00 GMT

JP Morgan is upgrading SLM Corp (NYSE:SLM) on a long-term view that its transition to primarily a loan servicer, as opposed to a lender, will lower interest rate and funding risks, thus improving earnings visibility. Firm emphasizes they are taking a longer view on this call, but with the successful inception of Straight-A funding greatly improving the liquidity profile and the recent award of the ED servicing contract, they think SLM is currently trading at about 50% of their conservative DCF estimate of $15. As such, they are upgrading the stock to OW (a 6 to 12-month rating), and setting a YE09 price target of $12, a 20% discount to our estimated DCF value. FFEL portfolio run-off alone worth $7.60/share. SLM's $140B+ FFEL book[More...]

U.S. Banks Overview

Mon, 15 Jun 2009 14:48:00 GMT

The worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods, as there are still many significant challenges ahead. Ten of the nation's largest banks have received the Treasury approval for TARP repayment, as they are now able to tap the debt markets without FDIC's support and also access the equity markets as the investor confidence returns in the stronger banks. While the bigger banks have benefited a lot from the various programs launched by the Federal Reserve, the Treasury and the FDIC, and are now in a much better shape, many smaller banks are still in a very weak financial state, and the FDIC's list of problem banks continues to grow. Further, government efforts have not succeeded in restoring the lending activity at the banks. Lower lending activity will continue to hurt the margins, though the low interest rate environment should be beneficial to the banks with a liability sensitive balance[More...]

Position Update, Charts

Tue, 21 Apr 2009 01:11:16 GMT

After today's broad-based decline, I get the sense we are at or near an intermediate top. At the same time, I do not expect the bulls to simply roll over here. Looking at some index charts, we can see that while today's action was undeniably bearish, price has support nearby. Volume was not particularly high today. - SPY broke down out of a rising wedge on a very slight increase in volume. The 200 day moving average is not far below. [More...]

How the U.S. Credit Crisis Will Lead to an Overhaul of the U.S. Student Loan System

Thu, 05 Mar 2009 18:05:00 GMT

By Shah Gilani Contributing Editor Money Morning The costs of the ongoing credit crisis have been well chronicled. But there’s a bright spot, too. In a crushing blow to... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first. [More...]

Wall Street Extends Losses As Healthcare Stocks Tumble, J&J Drops

Thu, 26 Feb 2009 22:17:22 GMT

US stocks finished lower on Thursday as shares of healthcare companies fell sharply on worries over impact of President Barack Obama's overhaul of the medical system.[More...]

Sallie Mae posts profit as credit market improves

Tue, 20 Oct 2009 23:52:00 GMT

BOSTON - The student lender best known as Sallie Mae posted a third-quarter profit that beat Wall Street expectations as credit markets improved and student loan activity increased.
Sallie Mae said it has benefited from stabilized credit markets, including commercial paper, a major source of short-term borrowing for corporations to meet needs such as making payroll and paying vendors.
Recent easing of the gap boosted Sallie Mae's results in the latest quarter, said Albert Lord, CEO and vice chairman.

: iStockAnalyst.com Symbols Feed

Option Trader Cashes In On Fifth Third Bancorp (FITB)

Weekly Credit Summary: August 28

U.S. Banks - Industry Outlook

Sallie Mae (NYSE: SLM) Backs Community's Proposal

Worst Financial Stocks To Avoid

SLM Corp (NYSE:SLM): Upgraded To Overweight At JP Morgan

U.S. Banks Overview

Position Update, Charts

How the U.S. Credit Crisis Will Lead to an Overhaul of the U.S. Student Loan System

Wall Street Extends Losses As Healthcare Stocks Tumble, J&J Drops

Sallie Mae posts profit as credit market improves

Stock futures give up some gains on data

Stocks open lower on Wall Street

Sallie Mae 2Q loss attributed to investment losses

Major business events scheduled for Tuesday

SLM, Carnival, Discover, E-Trade are big movers

Qwest, McDonald's, DuPont, Palm are big movers

Toad's Place Owner Files Chapter 7

Toll Brothers, Sallie Mae, JetBlue are big movers

Bank Stocks Suffered and Retailers' Shares Recovered

Sallie Mae Reports Third-Quarter 2009 Results

BenchmarkJournal.Com Free Analyst Review for SLM, AIV, D, PWE, LH and KR

Sallie Mae and Upromise Investments Award Newlyweds, Both Liver Transplant Recipients, with $15,000 to Help Pursue Higher Education Dreams

Sallie Mae Joins the School District of Philadelphia and Radio One Philadelphia to Answer Financial Aid Questions

Coming up Short for Fall’s Tuition Bill? Sallie Mae Offers Last-Minute Options to Help Families Pay for College

Sallie Mae Employees Set New Record for Gleaners Food Bank Drive

SLM Corporation Announces Preferred Dividends

Sallie Mae Reports Second-Quarter 2009 Results

Upromise by Sallie Mae Teaches Consumers How to Boost College Savings with Back-to-School Shopping

SLM Corporation to Announce Second-Quarter 2009 Results on July 21, Host Earnings Call on July 22

Form 4 SLM CORP For: Jul 30 Filed by: LORD ALBERT L (10K)

Form 4 SLM CORP For: May 22 Filed by: WILLIAMS BARRY LAWSON (10K)

Form 4 STRANGE J TERRY For: May 22 (10K)

Form 4 SLM CORP For: May 22 Filed by: SHAPIRO STEVEN L (10K)

Form 4 SLM CORP For: May 22 Filed by: SCHOELLKOPF WOLFGANG (10K)

Form 4 Puleo Frank C For: May 22 (10K)

Form 4 SLM CORP For: May 22 Filed by: NEWMAN HOWARD H (10K)

Form 4 SLM CORP For: May 22 Filed by: Munitz Barry A (10K)

Form 4 Martin Michael E. For: May 22 (10K)

Form 4 SLM CORP For: May 22 Filed by: PORTER A ALEXANDER JR (10K)