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Corporate and Financial
Date Title and Summary View
Sep 26, 2014 NEWARK, Del., Sept. 26, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that Chief Financial Officer Somsak Chivavibul will participate in the Deutsche Bank 2014 Leveraged Finance Conference in Scottsdale, Arizona on Tuesday, Sept. 30. Any written materials ...
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Sep 24, 2014 NEWARK, Del., Sept. 24, 2014 (GLOBE NEWSWIRE) -- The 2011 cohort default rate (CDR) for federal student loan borrowers whose loans are serviced by Navient defaulted at a 40 percent lower rate than the national average. According to company data, Navient's 2011 CDR is 8.28 percent, compared to the national rate of 13.7 percent released earlier today...
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Sep 12, 2014 NEWARK, Del., Sept. 12, 2014 (GLOBE NEWSWIRE) -- The U.S. Department of Education released new federal loan servicer results that show that once again, Navient helped more customers successfully repay their student loans and avoid the long-term consequences of default than other servicers of Department of Education-owned loans. For both the quarter...
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Sep 2, 2014 NEWARK, Del., Sept. 2, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2014 Barclays Global Financial Services Conference on Monday, Sept. 8. Remondi will deliver remarks at 3:30 p.m. EDT in New York City...
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Aug 14, 2014 NEWARK, Del., Aug. 14, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a 2014 third quarter dividend of $0.15 per share on the company's common stock. The dividend will be paid on Sept. 26, 2014, to shareholders of re...
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Jul 16, 2014 Navient Successfully Completes Spin-Off from SLM Corporation on April 30, 2014Delinquency and Charge-Off Rates on Private Education Loan Portfolio Down to Lowest Levels Since 2008Company Receives Extension on U.S. Department of Education Servicing Contract NEWARK, Del., July 16, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released seco...
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Jul 2, 2014 NEWARK, Del., July 2, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 second quarter earnings results after market close on Wednesday, July 16, 2014. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Thursday, July 17, 2014. ...
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Jun 25, 2014 NEWARK, Del., June 25, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced the closing of a new $1 billion private education loan asset-backed commercial paper facility that is supported by four banks and arranged by J.P. Morgan. The facility, which matures on June 24, 2015, will be available for private education loan refinancing and ac...
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Jun 18, 2014 NEWARK, Del., June 18, 2014 - Navient, the nation's leading loan management, servicing and asset recovery company, issued a statement following the extension of the U.S. Department of Education Direct Loan servicing contract: As the leader in default prevention and helping customers enroll in income-based repayment plans, we r...
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May 22, 2014 NEWARK, Del., May 22, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors authorized a $400 million share repurchase program for the company's outstanding common stock. The program does not have an expiration date. The board also ...
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