Tuesday, April 24, 2007

UPDATE 2-Sallie Mae quarterly results fall

(Reuters) - The results were weaker than analysts had expected. The company's shares were essentially flat in early trading because it plans to sell itself for $25 billion, or $60 a share.

Earlier this month, Sallie Mae settled with New York's attorney general, and agreed to change some of its business practices, without admitting guilt.


Read more at Reuters.com Bonds News

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