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Nelnet News (NYSE:NNI)

Latest Nelnet News Headlines
DateTimeSource
Headline
09/09/20081:36PMPRNUSNelnet Adopts Student Loan Direct Marketing Code of Conduct
LINCOLN, Neb., Sept. 9 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) today issued the following statement regarding its adoption of the New York Attorney General's Student Loan Direct Marketing Code of Conduct: "We continue to be at the forefront of increasing transparency and disclosure in the student loan industry. "Today... More...>>
08/15/20085:30PMPRNUSNelnet Ready to Use Department Program to Make Loans to All Students
LINCOLN, Neb., Aug. 15 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) announced today that the U.S. Department of Education (the Department) has approved the agreement submitted to the Department for Nelnet to begin participating in the Department's Loan Participation Program. The Loan Participation Program provides lenders... More...>>
08/11/20085:15PMPRNUSNelnet Reports Strong Second Quarter of 2008 Results
LINCOLN, Neb., Aug. 11 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today reported GAAP net income for the second quarter of 2008 of $43.7 million, or $0.89 per share, compared with $14.8 million, or $0.30 per share, for the second quarter of 2007. Base net income excluding discontinued operations and restructuring... More...>>
07/29/20086:30PMPRNUSNelnet, Inc. to Announce 2008 Second-Quarter Results
LINCOLN, Neb., July 29 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) announced today that it will issue an earnings release for the second quarter ended June 30, 2008 after the market closes on August 11, 2008. Nelnet will host a conference call to discuss the results at 3:00 p.m. (Eastern) on August 12, 2008. To... More...>>
05/22/20083:00PMPRNUSNelnet Says It Plans to Keep Lending in Letter to Schools
LINCOLN, Neb., May 22 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) sent the following letter to colleges and universities across the country today in response to the Department of Education's plan for implementing the Ensuring Continued Access to Student Loans Act (H.R. 5715): May 22, 2008 Dear School Partners: For... More...>>
05/21/20086:00PMPRNUSNelnet Suspends Dividend
LINCOLN, Neb., May 21 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) announced today that it will temporarily suspend its dividend program. "We continue to focus on the future with proactive decisions that position the company for long-term success," said Mike Dunlap, Chairman and Chief Executive Officer. "With the volatility... More...>>
05/12/20088:00AMPRNUSNelnet Reports First-Quarter 2008 Results
LINCOLN, Neb., May 12 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today reported a GAAP net loss for the first quarter of 2008 of $69.8 million, or $1.42 per share, compared with GAAP net income of $14.8 million, or $0.29 per share, for the first quarter of 2007. The GAAP net loss included restructuring related... More...>>
05/05/20081:00PMPRNUSNelnet to Announce First-Quarter Results and Host Conference Call
LINCOLN, Neb., May 5 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today announced it will issue an earnings release for the first quarter of 2008 prior to the market open on May 12, 2008. Nelnet will host a conference call to discuss the results and provide a business update in conjunction with Nelnet's annual... More...>>
02/29/20089:00AMPRNUSNelnet Reports Year-End and Fourth-Quarter 2007 Results; Strong Fee-based Revenue Growth
LINCOLN, Neb., Feb. 29 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today reported GAAP net income for 2007 of $32.9 million, or $0.66 per share, compared with $68.2 million, or $1.27 per share, for 2006. Base net income excluding discontinued operations and legislative and restructuring related charges for 2007... More...>>
02/11/200810:12AMPRNUSNelnet Announces First-Quarter Dividend and Date of 2007 Fourth-Quarter and Year-End Results
LINCOLN, Neb., Feb. 11 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today announced a 2008 first-quarter cash dividend on its outstanding shares of Class A common stock and Class B common stock of $0.07 per share. The dividend will be paid on March 15, 2008 to shareholders of record at the close of business on... More...>>
01/23/200812:39PMPRNUSNelnet Says Credit Market Disruption Requires Changes to Student Loan Business
LINCOLN, Neb., Jan. 23 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) announced today a plan to further reduce operating expenses related to its student loan origination and related businesses as a result of the ongoing disruption in the global credit markets. Under the plan, the company will reduce its workforce by approximately... More...>>
11/02/20076:00AMPRNUSNelnet Reports Strong Fee-Based Revenue Growth
- Fee-based revenue 54 percent of total revenue LINCOLN, Neb., Nov. 2 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today reported GAAP net income for the first nine months of 2007 of $13.8 million, or $0.28 per share, compared with $75.5 million, or $1.40 per share, for the first nine months of 2006. Base net... More...>>
09/20/20072:51PMPRNUSNelnet, Inc. to Announce 2007 Third-Quarter Results
LINCOLN, Neb., Sept. 20 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) announced today that it will issue an earnings release for the third quarter ending September 30, 2007 prior to the market open on November 2, 2007. Nelnet will host a conference call to discuss the results at 11:00 a.m. (Eastern) on the same... More...>>
09/06/200711:30AMPRNUSNelnet Announces Strategic Initiative to Position Company for Long-Term Success
Expects to reduce operating expenses by $25 million to $35 million annually beginning in 2008 LINCOLN, Neb., Sept. 6 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) today announced a strategic initiative to create efficiencies and lower costs in advance of the anticipated passage of federal legislation impacting the student... More...>>
08/21/20075:00PMPRNUSNelnet Announces Third-Quarter Dividend
LINCOLN, Neb., Aug. 21 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today announced a 2007 third-quarter cash dividend on its outstanding shares of Class A common stock and Class B common stock of $0.07 per share. The dividend will be paid on September 15, 2007 to shareholders of record at the close of business... More...>>
07/31/200711:50AMPRNUSNelnet Statement on Adoption of New York Attorney General's Code of Conduct
LINCOLN, Neb., July 31 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI) today issued the following statement regarding its adoption of the New York Attorney General's Student Loan Code of Conduct: "Nelnet is at the forefront of increasing transparency and disclosure in the student loan industry. Our primary objective is... More...>>
07/31/20076:00AMPRNUSNelnet Reports Strong Earnings and Asset Growth
- Student loan assets reach $26.2 billion, up 10 percent in first six months of 2007 LINCOLN, Neb., July 31 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) today reported GAAP net income for the first six months of 2007 of $29.5 million, or $0.59 per share, compared with $97.8 million, or $1.80 per share, for the... More...>>
07/03/20078:25AMPRNUSNelnet, Inc. to Announce 2007 Second-Quarter Results
LINCOLN, Neb., July 3 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:NNI) announced today that it will issue an earnings release for the second quarter ended June 30, 2007 prior to the market open on July 31, 2007. Nelnet will host a conference call to discuss the results at 11:00 a.m. (Eastern) on the same day. To access... More...>>
05/29/20072:31PMPRNUSNew Student Loan Interest Rates Announced Today
LINCOLN, Neb., May 29 /PRNewswire-FirstCall/ -- Student loan interest rates for federally-guaranteed loans disbursed between July 1, 1998 and June 30, 2006 will adjust slightly when they are reset on July 1, 2007. According to the results of today's United States 91-day Treasury Bill auction, the interest rate for... More...>>
05/28/20079:00AMPRNUSNelnet Announces Sale of EDULINX
LINCOLN, Neb., May 28 /PRNewswire-FirstCall/ -- Nelnet (NYSE:NNI), a leading education planning and financing company, announced today it has sold EDULINX Canada Corporation, Canada's leading student loan service provider and subsidiary of the company, to Resolve, a business outsourcing firm based in Canada. The total... More...>>


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