SLM Corp (NASDAQ:SLM) company announced that it has completed its strategic separation and is now a standalone consumer banking business with a mission of helping families save, plan and pay responsibly for college. The company offers responsible private education loans, saving products and insurance options to students and families to facilitate their investment in higher education. SLM Corp (NASDAQ:SLM) shares after opening at $8.96 moved to $9.03 on last trade day and at the end of the day closed at $8.98. Company price to sales ratio in past twelve months was calculated as 0.61 and price to cash ratio as 0.85. SLM Corp (NASDAQ:SLM) showed a negative weekly performance of -2.71%.
The Western Union Company (NYSE:WU) issued its quarterly earnings data on Thursday. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.02, StockRatingsNetwork.com reports. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. The Western Union Company updated its FY14 guidance to $1.40-1.50 EPS. The Western Union Company (NYSE:WU) shares advanced 2.90% in last trading session and ended the day on $16.31.WU return on equity ratio is recorded as 79.80% and its return on assets is 8.20%. The Western Union Company (NYSE:WU) yearly performance is 8.16%.
Mastercard Inc (NYSE:MA) received a handful of bearish brokerage notes in pre-market action, after the company said sanctions on Russia would create “serious complications” for its operations in the country. Among the skeptics on Wall Street were Citigroup and Sandler O’Neill, which each cut their price targets by $4 to $87 and $79, respectively. Elsewhere, MasterCard Inc sports 18 “buy” or better endorsements, compared to nine “holds” and not a single “sell” suggestion. Plus, its average 12-month price target of $89.58 towers over the shares’ current perch. As such, more downgrades and/or price-target cuts may be in the cards for the underperforming stock, which could create additional headwinds. Mastercard Inc (NYSE:MA) shares moved down -0.59% in last trading session and was closed at $73.78, while trading in range of $ 72.52 – 74.50. Mastercard Inc (NYSE:MA) year to date (YTD) performance is -11.44%.
Visa company (NYSE:V), and one of the world’s largest providers of eCommerce payment management services, announced a partnership with one of Vietnam’s largest privately-held banks, Asia Commercial Bank (ACB). This partnership will enhance the bank’s capabilities in processing both local and global online payments.The agreement allows ACB to deploy CyberSource’s global payment gateway solution and fraud management tool, Decision Manager. This will help significantly expand the array of payment services available to the bank’s merchant customers. Visa Inc (NYSE:V) weekly performance is 2.76%. On last trading day company shares ended up $204.42. Visa Inc (NYSE:V) distance from 50-day simple moving average (SMA50) is -5.11%. Analysts mean target price for the company is $253.79.