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Nelnet Downgraded to Neutral - Analyst Blog
Monday, January 3, 2011 - 11:33am | 386We are downgrading our recommendation on Nelnet Inc. (NNI) to Neutral from Outperform. Although the student loan reform law has barred companies such as Nelnet and SLM Corp. (SLM), commonly known as Sallie Mae, from originating federal student loans since July, in recent years, Nelnet has...
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Nelnet Downgraded to Neutral - Analyst Blog
Monday, January 3, 2011 - 11:15am | 386We are downgrading our recommendation on Nelnet Inc. (NNI) to Neutral from Outperform. Although the student loan reform law has barred companies such as Nelnet and SLM Corp. (SLM), commonly known as Sallie Mae, from originating federal student loans since July, in recent years, Nelnet has...
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Discover Acquires the Student Loan Corporation
Monday, January 3, 2011 - 9:07am | 95Discover Financial Services (NYSE: DFS) today announced the completion on Dec. 31, 2010, of its acquisition of The Student Loan Corporation (SLC). The acquisition included SLC's ongoing private student loan business and private student loans and other assets totaling $4.2 billion, along with $3.4...
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Sallie Mae Closes Transaction to Acquire $27 Billion of Federal Student Loan Assets
Monday, January 3, 2011 - 9:01am | 72SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, announced that on Dec. 31, 2010, it successfully closed its transaction to acquire $27 billion of securitized federal student loans and related assets from The Student Loan Corporation (NYSE: STU), a subsidiary of Citibank, N.A. Originally...
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FBR Capital Raises PT On DFS
Friday, December 31, 2010 - 10:23am | 49Analysts at FBR Capital reiterate their “outperform” rating on Discover Financial Services (NYSE: DFS). The target price for DFS has been raised from $19 to $22. DFS shares closed at $18.17 yesterday. More Analyst Ratings here
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Discover Financial Services Price Target Raised at FBR Capital
Friday, December 31, 2010 - 9:35am | 21Discover Financial Services (NYSE: DFS) price target raised from $19 to $22 at FBR Capital
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Dollar Financial Corp Consummates Previously Announced Acquisition of Sefina
Friday, December 31, 2010 - 9:02am | 90Dollar Financial Corp (NASDAQ: DLLR) today announced that its wholly owned U.K. subsidiary, Dollar Financial U.K. Ltd., has completed the acquisition of Sefina Finance AB. The total cash consideration for the acquisition is approximately $73.0 million, of which $58.0 million was cash paid at...
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Wednesday's Put/Call Ratio Leaders (HERO, FAST, AUXL, COF, CX)
Wednesday, December 29, 2010 - 1:31pm | 90Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Hercules Offshore (NASDAQ: HERO) 33,483 puts, 386 calls 2. Fastenal Co. (NASDAQ: FAST) 5,492 puts, 118 calls 3. Auxillium Pharmaceuticals (NASDAQ: AUXL) 5,009 puts, 222 calls 4....
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Tuesday's Put/Call Ratio Leaders (CECO, SLM, OXPS, WAG, GGP)
Tuesday, December 28, 2010 - 1:25pm | 92Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Career Education Corp. (NASDAQ: CECO) 2,826 puts, 93 calls 2. SLM Corporation (NYSE: SLM) 2,560 puts, 184 calls 3. OptionsXpress Holdings (NASDAQ: OXPS) 11,389 puts, 1,699 calls 4....
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United PanAm Financial Corp to Be Acquired for $7.05 Per Share in Cash
Tuesday, December 28, 2010 - 9:26am | 140United PanAm Financial Corp. (Pink Sheets: UPFC) today announced that it has signed a definitive merger agreement to be acquired by an entity controlled by Guillermo Bron, Chairman of the Board of Directors of UPFC, and by affiliates of Pine Brook Road Partners, LLC , a private equity firm. Under...
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World Acceptance Corp. - Value
Tuesday, December 28, 2010 - 3:00am | 581The financial crisis didn't wipe out all small lending. World Acceptance Corporation (WRLD) reported record results in the second quarter as it surprised on the Zacks Consensus by 15.2%. Shares are cheap, trading at just 9.7x forward estimates. World Acceptance specializes in short-term small loans...
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World Acceptance Corp. - Value
Tuesday, December 28, 2010 - 1:00am | 581The financial crisis didn't wipe out all small lending. World Acceptance Corporation (WRLD) reported record results in the second quarter as it surprised on the Zacks Consensus by 15.2%. Shares are cheap, trading at just 9.7x forward estimates. World Acceptance specializes in short-term small loans...
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Watchlist Housekeeping 12-27-2010
Monday, December 27, 2010 - 7:14pm | 806Cusick's Corner The major markets remained quiet throughout today's trading session. This slower week may be a good time to do a little Watchlist housekeeping. Update your Watchlist entries in your optionsXpress account by logging into your account and clicking on Account tab > Alert Manager. You...
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NASDAQ Stocks Hitting 52-Week Highs (PRAA, IRBT, WRLD, SWIR)
Monday, December 27, 2010 - 11:59am | 130Portfolio Recovery Associates Inc (NASDAQ: PRAA) shares reached $77.63 to create a new 52-week high, before falling to $77.60, representing a 0.87% gain. PRAA's trailing-twelve-month operating margin is 33.52%. iRobot Corporation (NASDAQ: IRBT) shares rose 2.07% to touch a new 52-week high of $24....
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Zacks #1 Rank Additions for Monday - Tale of the Tape
Monday, December 27, 2010 - 9:33am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Amer Natl BankShares Inc (AMNB) Avnet Inc (AVT) Canon Inc (CAJ) Dollar Finl Corp (DLLR) G-III Apparel Group (GIII) View the entire Zacks #1 Rank List. AMER NATL BNKSH (AMNB): Free Stock Analysis Report AVNET (AVT): Free...