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Nelnet Issues Statement on Moody's Announcement
Oct 29, 2008
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LINCOLN, Neb., Oct 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet (NYSE: NNI) issued the following statement regarding Moody's Investors Service's decision to downgrade the company's senior unsecured rating from Baa2 to Ba1:
"We are disappointed with Moody's decision, however, we look forward to continuing our discussions wit...
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Nelnet Reports Strong Third Quarter Results; Provides Update on Warehouse Facility and Line of Credit
Oct 29, 2008
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LINCOLN, Neb., Oct 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Nelnet, Inc. (NYSE: NNI) today reported GAAP net income for the third quarter of 2008 of $23.8 million, or $0.48 per share, compared with a GAAP net loss of $15.7 million, or $0.32 per share, for the third quarter of 2007. Base net income excluding discontinued operations...
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Nelnet Adopts Student Loan Direct Marketing Code of Conduct
Sep 9, 2008
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LINCOLN, Neb., Sept 09, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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...
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Nelnet Ready to Use Department Program to Make Loans to All Students
Aug 15, 2008
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LINCOLN, Neb., Aug 15, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 lende...
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Nelnet Reports Strong Second Quarter of 2008 Results
Aug 11, 2008
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LINCOLN, Neb., Aug 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 restructurin...
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Nelnet, Inc. to Announce 2008 Second-Quarter Results
Jul 29, 2008
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LINCOLN, Neb., July 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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.
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Nelnet Business Solutions to Deliver Cashiering Solution to Higher Education Marketplace
Jul 16, 2008
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LINCOLN, Neb., July 16, 2008 -- Nelnet Business Solutions (NBS) announced today that earlier this year it acquired an interest in UniLink, Inc. of Australia, the premier provider of cashiering and related systems for the higher education marketplace in Australia and the Far East. UniLink's products will become a core component of NBS' suite of s...
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Nelnet Says It Plans to Keep Lending in Letter to Schools
May 22, 2008
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LINCOLN, Neb., May 22, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 Schoo...
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Nelnet Suspends Dividend
May 21, 2008
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LINCOLN, Neb., May 21, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 v...
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Nelnet, Inc. supplemental financial information for the first quarter 2008
May 12, 2008
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Nelnet Reports First-Quarter 2008 Results
May 12, 2008
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LINCOLN, Neb., May 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 ...
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Nelnet to Announce First-Quarter Results and Host Conference Call
May 5, 2008
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LINCOLN, Neb., May 5, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 me...
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Peterson's and U.S. Navy Provide Education and Career Guidance to Service Members and Their Families
Mar 26, 2008
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LAWRENCEVILLE, N.J., March 26, 2008 /PRNewswire via COMTEX News Network/ -- Peterson's, a leading provider of education guidance, and the U.S. Navy Library Program are working together to offer service members and their families a suite of educational products and services designed to help them reach their educational and professional goals.
Th...
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Nelnet, Inc. supplemental Financial Information for the Fourth Quarter 2007
Feb 29, 2008
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145.9 KB
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Nelnet Reports Year-End and Fourth-Quarter 2007 Results; Strong Fee-based Revenue Growth
Feb 29, 2008
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LINCOLN, Neb., Feb 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 w...
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Nelnet Announces First-Quarter Dividend and Date of 2007 Fourth-Quarter and Year-End Results
Feb 11, 2008
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LINCOLN, Neb., Feb 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 Mar...
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Pasco County Clerk of the Circuit Court Selects 5280 Solutions for Accounts Payable Automation
Jan 31, 2008
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DENVER, Colo., January 31-5280 Solutions®, a premier software development, consulting and systems integration organization, announced today that Jed Pittman, Clerk of the Circuit Court, Clerk, Accountant and Auditor to the Board of County Commissioners of Pasco County, Florida, has selected 5280 Solutions' Dynamic Payables™ produ...
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Nelnet Says Credit Market Disruption Requires Changes to Student Loan Business
Jan 23, 2008
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LINCOLN, Neb., Jan 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 appro...
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Nelnet, Inc. supplemental Financial Information for the Third Quarter 2007
Nov 2, 2007
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146.9 KB
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Nelnet Reports Strong Fee-Based Revenue Growth
Nov 2, 2007
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LINCOLN, Neb., Nov 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- 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 income excluding discontinued operations and legisl...
Nelnet, Inc. Supplemental Financial Information for the Third Quarter 2007
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