On Thursday, Navient Corp (NASDAQ:NAVI)’s shares inclined 0.24% to $12.50.
Navient Corp, declared the amendment of transaction agreements for 16 Navient-sponsored securitization trusts backed by federally guaranteed student loans. The amendments give Navient the option to purchase trust student loans aggregating up to 10 percent of the trust’s initial pool balance in addition to provide loans to the trust under a revolving credit agreement at Navient’s discretion.
The 16 trusts affected by recent amendments are SLM Student Loan Trusts 2003-1, 2003-4, 2003-5, 2003-7, 2003-11, 2003-14, 2004-1, 2004-3, 2004-10, 2005-4, 2005-5, 2005-10, 2006-1, 2007-6, 2007-8 and 2012-3.
In December 2014, the servicing agreements for 17 Navient-sponsored securitization trusts backed by federally guaranteed student loans were similarly amended to give Navient the option to purchase trust student loans aggregating up to 10 percent of the trust’s initial pool balance. The trusts affected by the December 2014 amendments were: SLM Student Loan Trusts 2002-1, 2002-7, 2003-2, 2003-3, 2006-3, 2007-2, 2007-3, 2007-7, 2008-1, 2008-2, 2008-3, 2008-4, 2008-5, 2008-6, 2008-7, 2008-8, and 2008-9.
Navient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans.
Marriott International Inc (NASDAQ:MAR)’s shares gained 0.71% to $68.20.
Marriott International will report third quarter 2015 earnings results on Wednesday, October 28, 2015, at about 5:00 p.m. Eastern Time (ET). The company will hold a conference call for the investment community to discuss its third quarter 2015 earnings on Thursday, October 29, 2015 at 10 a.m. ET. Mr. Arne Sorenson, Marriott International’s president and chief executive officer, and Mr. Carl Berquist, Marriott International’s executive vice president and chief financial officer, will discuss the company’s performance.
Marriott International, Inc. is a diversified global lodging company. The Company is an operator, franchisor and licensor of hotels and timeshare properties across the world. It also operates markets and develops residential properties and provides services to home/condominium owner associations.
At the end of Thursday’s trade, Unilever N.V. (ADR) (NYSE:UN)‘s shares dipped -1.16% to $38.43.
Unilever has been named as a leader of the Food, Beverage and Tobacco Industry Group in the 2015 Dow Jones Sustainability Index (DJSI) results. It is one of only 24 companies to be named as Industry Group Leaders.
Unilever achieved an overall score of 92 out of a possible 100, an improvement from 90 in 2014.
Unilever led, or jointly led, the industry in eight of the 23 Food Products criteria, counting: Innovation Administration; Strategy for Emerging Markets; Climate Strategy; Packaging; and Talent Attraction & Retention.
Jeff Seabright, Chief Sustainability Officer at Unilever, said, “It is an honor to be awarded industry group leadership. My thanks goes to everyone who was involved in our submission. The results reflect the progress we are making in delivering the Unilever Sustainable Living Plan, driving long-term sustainable business growth and towards achieving our vision of making sustainable living commonplace.”
Unilever N.V. is a fast moving consumer goods company. The Company’s portfolio has four categories: Personal Care, Foods, Refreshment and Home Care. The Company manufactures most of its products and maintains an international network of 240 manufacturing sites. Its business is organized across three geographies: Americas; Europe, and markets comprising Asia, Australasia, Africa, Middle East, Turkey, Russia, Ukraine and Belarus.
Sony Corp (ADR) (NYSE:SNE), ended its Thursday’s trading session with 0.14% gain, and closed at $25.01.
Sony Corp declared a new in-car High-Resolution Audio (Hi-Res Audio) line-up for the US market which comprises the RSX-GS9 digital media player ($1,499), the XM-GS4 4-channel amplifier ($299), and the XS-GS1 Super tweeter ($199). These join the formerly released XS-GS6921 rear speakers, XS-GS1621 and XS-GS1621C front speakers, XS-GSW121 and XS-GSW121D subwoofers, and XM-GS100 mono amplifier to create an unsurpassed in-car audio listening experience. The head unit RSX-GS9 is natively compatible with DSD, an audio format that reproduces music with unprecedented accuracy. All components will be available in December from Sony authorized car audio specialists.
Sony makes it possible to enjoy higher sound quality music by applying unique audio technologies that bring listeners closer to the spirit and intent of the artist’s original performance. The RSX-GS9 in-car digital media player joins a growing line of Sony products designed to provide consumers the best way to enjoy a fully immersive, Hi-Res Audio experience at home or on the go.
Sony Corporation (Sony) is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company’s segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other.
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