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Sallie Mae shares surge on buyout report
Reuters - Shares of Sallie Mae, rose
nearly 13 percent, and its bonds fell after The New York Times
reported that the largest U.S. student-loan company was in
talks to sell itself to private equity firms.
Rumors fuel unusual trade in Sallie Mae options
Reuters - A jump in trading of SLM Corp.
calls on Thursday ahead of a New York Times report that the
largest U.S. student loan company was in talks to go private
was unusual, but not necessarily indicative of insider trading,
option analysts said.
Sallie Mae options trade heavy as rumors swirl
Reuters - A jump in trading of SLM Corp.
calls on Thursday ahead of a New York Times report that the
largest U.S. student loan company was in talks to go private
was unusual, but not necessarily indicative of insider trading,
option analysts said.
Inflation worries rise for food, energy
AP - Consumers had cause to cheer, or at least applaud politely, this week when the government forecast summer gasoline prices slightly below last year's. The outlook may not be as benign for visits to their favorite supermarkets and restaurants, among other destinations — and perhaps for rates on their credit-card and mortgage bills, either.
Sallie Mae in talks with private equity: reports
Reuters - Sallie Mae , the largest U.S.
student loan company, is in talks to be bought out by private
equity in a deal that could top $20 billion, according to media
reports on Friday.
Save on Insurance for Your Home
The Motley Fool - Insurance is a tough subject for a lot of people. With major carriers like Allstate (NYSE: ALL - News), Nationwide (NYSE: NFS - News), and State Farm facing allegations of wrongfully denying claims related to Hurricane Katrina, many carriers have stopped selling insurance entirely, making it nearly impossible for prospective homeowners to get mortgage insurance. And even if you can still get insurance, prices always seem to be on the rise. Whether it's insurance for your car, your home, or your health-care costs, you may never have seen your rates actually go down from year to year. ...
Ohio launches probe into student loan industry
Reuters - Ohio joined on Friday the list of
states launching probes to see if college and university
officials have steered students to student loan companies in
exchange for perks.
Lawmakers tackle mortgage giant reform
AP - Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac.
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