The Boston Business Journal (Free subscription) | 06/11/2008
Shares of First Marblehead Corp. fell 10 percent Thursday after the faltering student loan company reported a big quarterly loss. (FMD)
Market Wire - Financial Services: Commercial and Investment Banking (Free subscription) | 05/11/2008
BOSTON, MA (MARKET WIRE) The First Marblehead Corporation (NYSE: FMD) today announced its financial and operating results for the first quarter of fiscal 2009, which ended on September 30, 2008.
Market Wire - Financial Services: Commercial and Investment Banking (Free subscription) | 05/11/2008
BOSTON, MA, (MARKET WIRE) The First Marblehead Corporation (NYSE: FMD) today announced it has reduced its full-time employee population by approximately 24% in a continued effort to reduce costs.
The Boston Business Journal (Free subscription) | 24/10/2008
First Marblehead, Boston Scientific among stocks hit hard First Marblehead Corp. and Boston Scientific were among Massachusetts stocks hit hard during the first hour of trading Friday. (FMD) (BSX) (STT) (AMG) (BPFH) (BXP) (RTN) (EMC) (SOV) (NYT)
The Boston Business Journal (Free subscription) | 15/10/2008
State Street Corp., Boston Properties Inc. and First Marblehead Corp. were among companies that are based in Boston or have big operations in the region and were pounded in Wednesday’s Wall Street sell-off. (STT) (BXP) (FMD) (SOV) (BPFH) (BAC) (BSX) (NYT) (BIIB) (GENZ) (EMC)
The Boston Business Journal (Free subscription) | 09/10/2008
Sovereign Bancorp, First Marblehead Corp. and First Marblehad Corp. were among Massachusetts stocks or those for companies with big operations in the state that were hit hard Thursday as the broader market declined. (SOV) (FMD) (BPFH) (STT) (BSX) (GENZ)
The Boston Business Journal (Free subscription) | 06/10/2008
State Street Corp. (NYSE:STT) and First Marblehead Corp. (NYSE:FMD) were among stocks of companies based in Massachusetts or with large presences in the state that were pounded Monday along with the broader market. (STT) (FMD) (BSX) (BIIB) (GENZ) (SOV) (RTN) (EMC)
EmailWire.Com (Free subscription) | 30/09/2008
(EMAILWIRE.COM, September 30, 2008 ) DALLAS, Texas Beacon Equity Research announces the release of a Trade Alerts covering recent analyst upgrade notables: Research in Motion Ltd. (Nasdaq: RIMM), F5 Networks Inc. (Nasdaq: FFIV), First Marblehead Corp. (NYSE: FMD), R.H. Donnelley Corp. (NYSE: RHD),...
The Boston Business Journal (Free subscription) | 25/09/2008
The executive exodus at student loan concern First Marblehead Corp. saw its ranks rise Monday when Chief Financial Officer John A. Hupalo announced his intention to resign from the company, according to a regulatory filing made public Thursday. First Marblehead said Kenneth S. Klipper, a senior finance executive at the company, has been named Hupalo’s successor as CFO. The Boston-based company, which...
Business Wire (Free subscription) | 24/09/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings downgrades 25 classes, upgrades two classes and affirms 45 classes from 12 National Collegiate Student Loan Trust (NCSLT) asset-backed securities
Market Wire (Free subscription) | 23/09/2008
BOSTON, MA (MARKET WIRE) The First Marblehead Corporation (NYSE: FMD) will host a briefing for investors on September 25, 2008 at 5:00 p.m. EDT.
The Boston Business Journal (Free subscription) | 18/09/2008
Key senior executives at troubled student loan company First Marblehead Corp. (NYSE: FMD) are leaving the company at the end of this month, while former Chief Executive Jack Kopnisky receives a golden parachute in the wake of the company’s collapsed share price. (FMD)
Seeking Alpha (Free subscription) | 09/09/2008
Nico submits: Our last stock pick, Washington Mutual (WM), back on July 14 for our Stock Picks Portfolio , gave us a great head start with a 3-day return of 65.94%. So here we are again finding a great bargain. First Marblehead (FMD) provides outsourcing of private student loans. This stock was a success trading at over $40 a share before the credit crisis and the subsequent collapse of financial...
Appellate Law & Practice (Free subscription) | 08/09/2008
First Marblehead v. House, No. 07-2789 affirms a jury verdict in an employee stock option case. The First time the case was at the First was here: First Marblehead Corp. v. House, 473 F.3d 1 (1st Cir. 2006) (our coverage...
Seeking Alpha China (Free subscription) | 27/08/2008
John C. Lee submits: On Thursday, August 21 after-hours, First Marblehead Corp. (FMD) reported a Q4 loss of $0.57 per share or $56.7 million vs. positive earnings of $0.83 per share or $78 million. Analysts expected a loss of $0.39 per share, widely missing expectations. Revenue fell from $197.1 million to negative $40.4 million a year ago. Shares fell nearly 9% ahead of earnings and also fell nearly...
