Bull Of The Day: Sallie Mae (SLM)
Sallie Mae, or SLM Corp.’s (NYSE:SLM) fourth-quarter 2011 core earnings were a penny above the Zacks Consensus Estimate. Improvements in net interest income, loan loss provision, expenses and discontinued operations supported the core earnings figure. Recently, the company announced a dividend hike and a new share repurchases authorization. We believe that such shareholder-friendly efforts will [...]
Sallie Mae, or SLM Corp.’s (NYSE:SLM) fourth-quarter 2011 core earnings were a penny above the Zacks Consensus Estimate. Improvements in net interest income, loan loss provision, expenses and discontinued operations supported the core earnings figure. Recently, the company announced a dividend hike and a new share repurchases authorization.
We believe that such shareholder-friendly efforts will give a boost to investors confidence in the stock. Moreover, its leading position in the student lending … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards