SLM Corporation Announces Preferred Dividends

SLM Corporation (NYSE: SLM – News), commonly known as Sallie Mae, today announced a 2010 second-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The dividend on the Preferred Stock Series A will be paid on April 30, 2010 to shareholders of record at the close of business on April 20, 2010.

In addition, the company announced a 2010 first-quarter dividend on its Preferred Stock Series B of $0.2384375 per share. The dividend on the Preferred Stock Series B will be paid on March 15, 2010 to shareholders of record at the close of business on March 5, 2010.

Finally, the company announced a 2010 first-quarter dividend on its Preferred Stock Series C of $18.125 per share. The dividend on the Preferred Stock Series C will be paid on March 15, 2010 to shareholders of record at the close of business on March 1, 2010.

On Dec. [Read the full article]

Welcome to the Cash America International Inc. quarterly 2010 earnings release conference call. (Operator Instructions) I now have the pleasure of turning the conference over to Dan Feehan, President and Chief Executive Officer at Cash American International Incorporated. Good morning ladies and gentlemen and welcome to our call for the fourth quarter and year end 2009. Joining me this morning is Thom Bessant our Chief Financial Officer who will lead off with a review of our financial performance. I will then rejoin the call to provide me perspective on the quarter and full year of 2009 and an updated outlook for 2010. I will then open the call for questions following my remarks. Before beginning our comments, please bear with me while I read our Safe Harbor disclosure. While on this call comments made by Tom or me may contain forward-looking statements about the business, financial condition and prospects of Cash America International Inc. and its subsidiaries. [Read the full article]

Capital One Financial Corporation (NYSE: COF – News) today announced a quarterly dividend of $0.05 per share payable February 22, 2010 to stockholders of record as of February 12, 2010. The company has announced dividends every quarter since it became an independent company on February 28, 1995. Dividends declared by the company are eligible for direct reinvestment in the company’s common stock under its Dividend Reinvestment and Stock Purchase Plan. For additional Plan information, stockholders should contact Computershare Trust Company, N.A., at 1-888-985-2057 (inside the U.S. and Canada) or 1-781-575-2725 (outside the U.S. and Canada).

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A. and Capital One Bank (USA), N. [Read the full article]

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The First Marblehead Corporation (NYSE:FMD – News) today announced its financial and operating results for the second quarter of fiscal 2010 and for the six-month period ended December 31, 2009.

Total revenues for the second quarter of fiscal 2010 were $10.1 million. Total non-interest expenses for the second quarter of fiscal 2010 were $31.2 million, including a $10.7 million unrealized loss on education loans held for sale, as compared to $59.1 million in total non-interest expenses for the second quarter of fiscal 2009, including a $29.3 million unrealized loss on education loans held for sale. For the second quarter of fiscal 2010, compensation and benefits expenses decreased $2.1 million, or 20%, and general and administrative expenses decreased $7.2 million, or 37%, compared to the same quarter in the prior fiscal year, largely as a result of the company’s expense reduction initiatives. [Read the full article]

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