Sallie Mae (SLM) Tops Q4 EPS by 1c Jan 18, 2017 05:01PM

Sallie Mae (NASDAQ: SLM) reported Q4 EPS of $0.15, $0.01 better than the analyst estimate of $0.14.

GUIDANCE:

Sallie Mae sees FY2017 EPS of $0.67-$0.69, versus the consensus of $0.68.

“We continue to execute on our mission as we helped 348,000 families make college happen in 2016, originations of high-quality student loans increased again, and our efficiency ratio improved as we saw a healthy return on customer experience investments,” said Raymond J. Quinlan, chairman... (continue reading...)


Sallie Mae (SLM) Issues Statement on CFPB Complaint Jan 18, 2017 04:38PM

SLM Corporation (Nasdaq: SLM), commonly known as Sallie Mae, today issued the following statement.

Today the Consumer Financial Protection Bureau filed a complaint in federal court in Pennsylvania against Navient Corporation, along with its subsidiaries, Navient Solutions, Inc., and Pioneer Credit Recovery, Inc. The complaint alleges these Navient entities, among other things, engaged in deceptive practices with respect to its historic servicing and debt collection... (continue reading...)


Summit Hotel Properties (INN) Appoints Daniel Hansen as Chairman of the Board Jan 18, 2017 04:38PM

Summit Hotel Properties, Inc. (NYSE: INN) today announced that the Board of Directors has appointed President and Chief Executive Officer, Daniel P. Hansen, to the additional post of Chairman of the Board. Mr. Hansen succeeds Thomas W. Storey who will remain on the board as a director. The Company also announced that Jeffrey W. Jones has been appointed to lead independent director, succeeding Dr. Bjorn Hanson, who will also remain on the board as a director and will... (continue reading...)


Callidus Software, Inc. (CALD) Names Nina Richardson to Board of Directors Jan 18, 2017 04:33PM

Callidus Software Inc. (NASDAQ: CALD) announced today the appointment of Nina Richardson, a renowned business executive, to its board of directors effective February 2, 2017.

Ms. Richardson has over 30 years of experience ranging from start-up environments to multi-billion dollar corporations. Most recently, Ms. Richardson served as the Chief Operating Officer at GoPro, one of the world’s fastest growing technology companies and a globally recognized brand. During her... (continue reading...)


Horizon Technology Finance (HRZN) Names Daniel Trolio as CFO Jan 18, 2017 04:16PM

Horizon Technology Finance Corporation (NASDAQ: HRZN) announced today that Daniel R. Trolio has been appointed Senior Vice President and Chief Financial Officer, effective January 17, 2017. Mr. Trolio has served as Horizon’s Vice President of Finance and Interim Chief Financial Officer since September 2016 as part of his ten-year tenure with the Company and its advisor.

“I am very pleased to have Dan as Horizon’s permanent Chief Financial Officer,” said Robert... (continue reading...)


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