On Friday, Shares of Navient Corporation (NASDAQ:NAVI), lost -0.20% to $14.76, hitting its lowest level.
Navient Corporation declared the issuance of $700 million in private education loan asset-backed securities. The collateral backing the Navient Private Education Loan Trust 2015-B transaction comprises of seasoned, high-credit quality performing loans primarily from the SLM Private Education Loan Trust 2010-B whose notes were paid off in connection with the new issuance. The weighted average interest rate of the AAA-rated notes issued by the Navient Private Education Loan Trust 2015-B priced at one-month LIBOR plus 1.54 percentage points.
Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other.
Finally, Foot Locker, Inc. (NYSE:FL), ended its last trade with 0.77% gain, and closed at $73.22.
Foot Locker plans to report financial results for its second quarter ended August 1, 2015 before the U.S. markets open on Friday, August 21, 2015. A conference call is planned for the same day at 9:00 a.m. EDT, during which the Company will talk about these results.
Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, counting Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, in addition to Runners Point, and Sidestep.
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