Private College Student Loan - Nelnet Student Loans News

Nelnet Student Loans News

Nelnet buys residual interest in federal student loan Monday, July 11, 2011 @ 8:05AM(Reuters) - Nelnet said it bought a residual interest in $1.9 billion of federal student loan from an affiliate of Greystone & Co Inc.
Nelnet reports flat 1Q net, aided by debt buyback Tuesday, May 10, 2011 @ 1:21PMStudent loan company Nelnet Inc. on Tuesday posted a flat first-quarter profit, boosted by gains from the repurchase of debt, and raised its dividend 43 percent.
Nelnet Launches New Career Advice Website Sunday, May 1, 2011 @ 2:25PMA division of student lender Nelnet has created a career advice website to help people find a job and later figure out how to move up in their careers.
Sallie Mae Upgraded to Outperform Thursday, March 24, 2011 @ 1:45PMWe have upgraded our recommendation on SLM Corp. better known as Sallie Mae, to Outperform from Neutral. The decision is based on Sallie Mae's fourth quarter 2010 core earnings, which outpaced the Zacks Consensus Estimate.
Nelnet fourth quarter results beat estimates Thursday, March 3, 2011 @ 9:41AMNelnet, the student loan finance and servicing company based in Lincoln, reported fourth-quarter earnings above market expectations on Thursday. Details of the report demonstrated the influence of the recession and the turbulence of change in the student lending industry.
Nelnet Downgraded to Neutral Monday, January 3, 2011 @ 9:30AMWe are downgrading our recommendation on Nelnet to Neutral from Outperform. We believe that the positives have already been factored in the current price.
Zacks Bull and Bear of the Day Highlights: Nelnet, Hudson City Bancorp, General Motors, Autoliv and Toyota Motors Tuesday, December 21, 2010 @ 9:16AMCHICAGO--(BUSINESS WIRE)--Zacks Equity Research highlights: Nelnet Inc. (NYSE: NNI) as the Bull of the Day and Hudson City Bancorp (Nasdaq: HCBK) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on General Motors (NYSE: GM), Autoliv Inc. (NYSE: ALV) and Toyota Motors (NYSE: TM). Full analysis of all these stocks is available at http://at.zacks.com/?id ...
Zacks Bull and Bear of the Day Highlights: Nelnet, Hudson City Bancorp, General Motors, Autoliv and Toyota Motors Tuesday, December 21, 2010 @ 9:01AMZacks Equity Research highlights: Nelnet Inc. as the Bull of the Day and Hudson City Bancorp as the Bear of the Day. In addition, Zacks Equity Research provides analysis on General Motors , Autoliv Inc. and Toyota Motors .
Zacks Bull and Bear of the Day Highlights: Nelnet, Hudson City Bancorp, General Motors, Autoliv and Toyota Motors Tuesday, December 21, 2010 @ 8:19AMZacks Bull and Bear of the Day Highlights: Nelnet, Hudson City Bancorp, General Motors, Autoliv and Toyota Motors
Nelnet, Inc. (NNI) Tuesday, December 21, 2010 @ 12:00AMNelnet Inc.'s third quarter earnings came in well ahead of the Zacks Consensus Estimate on a fall in interest expenses and benefits of revenue diversification. However, GAAP results were primarily impacted by litigation settlement charges.
Nelnet extends deadline on notes offering Thursday, December 16, 2010 @ 2:52PM(AP:LINCOLN, Neb.) Nelnet Inc. on Thursday extended the deadline for its fixed price cash tender offer for several of its student loan asset-backed notes until 5 p.m. Eastern Daylight Time.
Student loan whistle-blower gets $16.6 million Monday, November 22, 2010 @ 11:11AMJon H. Oberg, the former Nebraskan and Education Departmentemployee who blew the whistle on Nelnet and other student loancompanies for exploiting loopholes to abuse a subsidy program,received $16.6 million from the settlement of the federal lawsuithe filed.
NU students’ financial aid information posted on state treasurer’s website Sunday, November 21, 2010 @ 10:17PMThe University of Nebraska has asked the state treasurer toremove thousands of students’ classified financial aid and loaninformation that was published on a state spending website.
News : State of Wisconsin Thursday, November 18, 2010 @ 12:47AMBy Gillian Losh Wednesday, November 17, 2010 5:10 p.m. Updated Thursday, November 18, 2010 12:35:07 a.m.
Waco-based student loan company settles subsidies lawsuit Thursday, November 18, 2010 @ 12:13AMWaco-based Brazos Higher Education Service Corp. is one of four student loan companies paying the U.S. government nearly $58 million to settle claims that they inflated their interest rate subsidies from the U.S. Department of Education.
Waco student lender helps pay $58M in fraud settlement Wednesday, November 17, 2010 @ 5:04PMFour student loan companies, including one from Waco, are paying the U.S. government nearly $58 million to settle claims they inflated interest rate subsidies from the U.S. Department of Education.
NU students' financial aid information posted on state treasurer's website Sunday, November 14, 2010 @ 11:56PMThe University of Nebraska has asked the state treasurer toremove thousands of students' classified financial aid and loaninformation that was published on a state spending website.
Nelnet declares special dividend to make up for suspension Tuesday, November 9, 2010 @ 11:38AMNelnet declared a special dividend to make up for its suspensionof dividends for six fiscal quarters and reported earnings abovemarket expectations.
Nelnet Reports Third Quarter 2010 Results Tuesday, November 9, 2010 @ 6:00AMNelnet today reported base net income of $60.3 million, or $1.23 per share, for the third quarter of 2010, compared with $50.2 million, or $1.01 per share, for the same quarter a year ago.
Nelnet, Inc. (NNI) Friday, September 24, 2010 @ 12:00AMNelnet's second quarter earnings came in well ahead of the Zacks Consensus Estimate, reflecting a fall in interest expenses and the benefits of revenue diversification. Though the student loan reform law has barred the company from originating federal student loans since July, in recent years, Nelnet has expanded in areas that are independent of the federal program.
Nelnet's Rating Outlook Upgraded Wednesday, August 18, 2010 @ 10:22AMThe rating outlook of Nelnet Inc. has been upgraded to Stable from Negative by Standard & Poor's Ratings Services yesterday.
Early-Market Movers: 3PAR, Watson Pharmaceuticals Monday, August 16, 2010 @ 9:26AMHere are some early market movers for Monday.
News Digest Saturday, August 14, 2010 @ 6:32AMControversial N.H. Catholic bishop to resign CONCORD, N.H. (AP) -- Eight years after telling parishioners that his role in Boston's church sex abuse scandal clouded his future in New Hampshire, Bishop John B.
Student Lender Nelnet Settles Lawsuit for $55 Million Friday, August 13, 2010 @ 5:29PMStudent lender Nelnet has agreed to pay $55 million to settle a whistle-blower lawsuit that accused the company and nine other lenders of defrauding the U.S. government out of $1 billion.
Nelnet officials sure of defense in $1B lawsuit Tuesday, August 10, 2010 @ 1:57PM(AP:ALEXANDRIA, Va.) Nelnet Inc. officials remain confident they will prevail in a whistle-blower lawsuit accusing the company and nine other student lenders of defrauding the U.S. government out of $1 billion.
Nelnet officials sure of defense in $1B lawsuit Tuesday, August 10, 2010 @ 11:50AMAssociated Press - August 10, 2010 12:35 PM ET ALEXANDRIA, Va. (AP) - Nelnet officials remain confident they will prevail in a whistle-blower lawsuit accusing the company and nine other student...
Nelnet 2Q Profit Jumps Sixfold on Loan Servicing Monday, August 9, 2010 @ 5:43PMNelnet posts sixfold jump in 2nd-quarter profit on higher fees for servicing loans Nelnet - Business - Financial Services - Loan servicing - Student loan
Nelnet 2Q profit jumps sixfold on loan servicing Monday, August 9, 2010 @ 5:35PMNelnet Inc. said Monday its second-quarter profit rose sixfold on higher revenue from servicing student loans for the government. The student loan provider and processor said its net income leaped to $50 million, or 99 cents per share, from $8.2 million, or... Nelnet - Student loan - Business - Financial Services - Government
Nelnet 2Q profit jumps sixfold on loan servicing Monday, August 9, 2010 @ 5:23PM(AP:LINCOLN, Neb.) Nelnet Inc. said Monday its second-quarter profit rose sixfold on higher revenue from servicing student loans for the government.
Nelnet Reports Second Quarter 2010 Results Monday, August 9, 2010 @ 5:50AMNelnet today reported base net income of $58.4 million, or $1.17 per share, for the second quarter of 2010, compared with $29.7 million, or $0.60 per share, for the same quarter a year ago.
Bank of Montreal (BMO): Zacks Rank Buy Tuesday, July 6, 2010 @ 12:00AMThis Canadian bank pays a dividend with a yield of 4.9%.
Zacks Releases Four Powerful ''Buy'' Stocks: Pier 1 Imports, ADTRAN, Forrester Research and Nelnet Tuesday, June 29, 2010 @ 4:00PMCHICAGO----Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
Zacks Releases Four Powerful ''Buy'' Stocks: Pier 1 Imports, ADTRAN, Forrester Research and Nelnet Tuesday, June 29, 2010 @ 9:02AMZacks Releases Four Powerful ''Buy'' Stocks: Pier 1 Imports, ADTRAN, Forrester Research and Nelnet
Nelnet Inc. (NNI): Zacks Rank Buy Tuesday, June 29, 2010 @ 12:00AMThis education financier is cheap at 5x forward earnings but what happens after July 1?
Nelnet, Inc. (NNI) Wednesday, June 16, 2010 @ 12:00AMNelnet's first quarter earnings were well ahead of the Zacks Consensus Estimate, primarily reflecting a decrease in interest expenses and the benefits of a diversification of revenue through fee-based businesses.
Nelnet, Inc. Announces Results of Fixed Price Cash Tender Offer for Notes of Nelnet Student Loan Corporation-1, Inc. Wednesday, June 2, 2010 @ 7:11AMread more
Nelnet, Inc. Announces Results of Fixed Price Cash Tender Offer for Notes of Nelnet Student Loan Corporation-1, Inc. Wednesday, June 2, 2010 @ 7:01AMNelnet, Inc. announced today that it has accepted for purchase the principal amount of the outstanding senior auction rate student loan asset-backed notes and subordinate LIBOR rate student loan asset-backed notes of Nelnet Student Loan Corporation-1, Inc., formerly Union Financial Services-1, Inc. , set forth below, that were validly tendered pursuant to its previously announced fixed price ...
Nelnet (): Zacks Rank Buy Monday, May 24, 2010 @ 12:00AMThis company is positioned to succeed in the era of the government-only student loans.
Nelnet income rises Monday, May 10, 2010 @ 9:25AMLincoln student loan company Nelnet Inc. reported net income of $54.3 million, or $1.08 per share, more than double the net income of $25.5 million, or 51 cents per share, in the first quarter of 2009.
(AFX UK Focus) 2010-05-10 13:13 UPDATE 1-Nelnet Q1 profit beats Street view Monday, May 10, 2010 @ 7:36AMMay 10 (Reuters) - Nelnet Inc, a consolidator of student loans, posted a quarterly profit that beat Wall Street expectations, helped mainly by lower interest expenses.
Nelnet Reports First Quarter 2010 Results Monday, May 10, 2010 @ 6:00AMNelnet today reported base net income of $56.6 million, or $1.14 per share, for the first quarter of 2010, compared with $31.5 million, or $0.64 per share, for the same quarter a year ago.
Sallie Mae Tops, Will Cut Jobs Thursday, April 22, 2010 @ 3:30PMSallie Mae reported first quarter core earnings of $212 million or 39 cents per share, ahead of the Zacks Consensus Estimate of 29 cents.
Wyoming nonprofit adjusts amid changes to student loans Wednesday, March 31, 2010 @ 6:09AMThe Wyoming Student Loan Corp., which has lent more than $1 billion during the past 30 years to help more than 75,000 students pursue higher education, won't make any more loans after today.
Hawaii Students To Benefit From College Loan Overhaul Wednesday, March 31, 2010 @ 3:15AMThe biggest changes won't take effect for another four years, so students who are freshmen in high school are best positioned to take advantage of the new student loan program.
Nelnet (NNI): Zacks Rank Buy Wednesday, March 31, 2010 @ 12:00AMThis company is adjusting well to the government's takeover of student loans.
US: Student loan overhaul is approved Friday, March 26, 2010 @ 5:06AMUS: Student loan overhaul is approvedUS: Student loan overhaul is approved
Senate OKs student-loan overhaul Friday, March 26, 2010 @ 2:26AMEnding one of the fiercest lobbying fights in Washington, the Senate voted Thursday to force private commercial banks out of the federal student loan market, cutting off billions of dollars in profits in a sweeping restructuring of financial-aid programs and redirecting most of the money to new education initiatives.
CNN - Washington To Run Student Loans Friday, March 26, 2010 @ 1:25AMCongress Passed A Bill Thursday To Make Washington The One-Stop Shop For Cheap Student Loans And To Boost Need-Based Scholarships.
U.S. Senate Approves Revamping Of Student Loans Thursday, March 25, 2010 @ 5:55PMEnding one of the fiercest lobbying fights in Washington, the Senate voted Thursday to force private commercial banks out of the federal student loan business, cutting off billions in risk-free profits in a sweeping restructuring of financial-aid programs that was included in - if overshadowed by - the health care package.
Student Loan Overhaul Approved by Congress Thursday, March 25, 2010 @ 11:40AMCongress voted to force commercial banks out of the federal student loan market, cutting off billions of dollars in profits in a restructuring of financial-aid programs.