Aug 29 (Reuters) - Moody's affirms Nelnet Inc Ba2 subordinated debt rating; outlook is stable
We are eliminating coverage of Sallie Mae SLM and Nelnet NNI to focus our financial services coverage elsewhere. Because ..... variety of other education-related businesses (in the case of Nelnet ), losing the competitive advantages they once held as part
Nelnet NNI reported net income of $59.1 million ..... leaving our fair value estimate unchanged. Nelnet continued to progress in its journey from ..... to increase fee-based income. Though Nelnet 's return on average equity was 19% for
Nelnet NNI reported net income of $8.2 million ..... opinion, this is an encouraging sign that Nelnet 's transformation from lender to service ..... income increases, but we do not expect Nelnet to consistently exceed its cost of capital
Both Sallie Mae SLM and Nelnet NNI announced that they have been selected to service student loans made by the federal government. While this announcement is
We are placing Nelnet NNI under review while we reassess our valuation assumptions.
Nelnet NNI reported net income of $23.8 million ..... leaving our fair value estimate unchanged. Nelnet announced that it tapped an unsecured line ..... continue to be a problem for highly leveraged Nelnet , in our opinion, despite the fact that
Nelnet NNI reported a loss of $1.42 per share ..... the first period of 2008. As a result, Nelnet is attempting to speed its transformation ..... diversified educational services company. Nelnet is no longer originating consolidation loans
Nelnet NNI reported 2007 net income of $0.66 ..... value estimate at this time. However, Nelnet is a company in flux, and we plan to revisit ..... markets' ongoing problems and the actions Nelnet announced earlier this year. The firm is
We are placing Nelnet NNI under review as we reassess the impact of the current credit crunch and deteriorating economy on our fair value and risk rating. As we incorporate a heightened possibility of financial distress, we expect our fair value estimate will decline.