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59 articles for ""First Marblehead Corp."" from Boston Globe
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First Marblehead’s 4th-quarter loss narrows
BOSTON - First Marblehead Corp., which packages students loans for sale to investors, yesterday said its fiscal fourth-quarter loss narrowed from the year... (Page B9, 199 words)
Date: Aug 18, 2009
www.boston.com/business/articles/2009/08/18/first_marbleheads_4th_quarter_loss_...
First Marblehead declines to comment on unusual market activity
The New York Stock Exchange raised questions about unusually large trading in student lender First Marblehead Corp. yesterday, when the company’s stock soared 26 percent on more than six times its normal volume of trading. First... (Page B5, 499 words)
By: Sean Sposito|Date: Aug 11, 2009
www.boston.com/business/articles/2009/08/11/first_marblehead_declines_to_commen...
Penny stocks pillory companies
...therapeutics, were worth $11.49 each in October 2007. They traded for just 17 cents yesterday. Shares of First Marblehead Corp., the student loan company in Boston, have plunged from $39.09 to 76 cents. Helicos Biosciences Corp... (Page B5, 872 words)
By: Steven Syre|Date: Mar 6, 2009
www.boston.com/business/markets/articles/2009/03/06/penny_stocks_pillory_compan...
Earnings roundup: Hologic lowers guidance for '09
...Press First Marblehead loses $93.4m YESTERDAYClose$1.32Change+$0.1752-WEEKHigh$17.75Low$0.58 First Marblehead Corp., which packages students loans for sale to investors, posted a deeper net loss for the second quarter. Its... (Page B7, 678 words)
Date: Feb 3, 2009
www.boston.com/business/markets/articles/2009/02/03/hologic_lowers_guidance_for...
Business in brief: First Marblehead cuts 24% of workforce to pare costs
THE REGION First Marblehead Corp. said it reduced its employee headcount 24 percent in an effort to reduce costs. A company spokesman wouldn't say exactly how... (Page B10, 690 words)
Date: Nov 6, 2008
www.boston.com/business/articles/2008/11/06/first_marblehead_cuts_24_of_workfor...
State may lose 7,200 jobs in finance
...With 232 branches, Sovereign is the third largest bank in Massachusetts. And in May, student lending firm First Marblehead Corp., of Boston said it would lay off about 500 employees, or more than half its workforce, after the main market... (Page A1, 998 words)
By: Ross Kerber|Date: Oct 30, 2008
www.boston.com/business/articles/2008/10/30/state_may_lose_7200_jobs_in_finance
Local firms feel the pain: With downturn, daunting task faces state's top firms
...the Life Sciences Index slipped 39 percent, similar to the decline in Massachusetts stocks overall. Boston's First Marblehead Corp., a key player in the student loan market, has been especially hard hit over the past year, losing 96 percent... (Page A1, 806 words)
By: Todd Wallack|Date: Oct 12, 2008
www.boston.com/news/local/massachusetts/articles/2008/10/12/its_choking_the_lif...
Earnings roundup: Profit narrows at Casual Male
...First Marblehead had no business YESTERDAYClose$3.61Change-$0.3452-WEEKHigh$41.77Low$1.65 First Marblehead Corp., an arranger of securities backed by student loans, had a fiscal fourth quarter loss because it was unable... (Page C3, 1087 words)
Date: Aug 22, 2008
www.boston.com/business/articles/2008/08/22/profit_narrows_at_casual_male
Student lender replaces its CEO
Struggling student lender First Marblehead Corp. replaced its chief executive with company founder Daniel M. Meyers yesterday, despite his resignation from the company in 2005... (Page C1, 646 words)
By: Ross Kerber|Date: Aug 19, 2008
www.boston.com/news/education/higher/articles/2008/08/19/student_lender_replace...
Business in brief: First Marblehead funding delayed a few months
THE REGION First Marblehead funding delayed a few months Student loan company First Marblehead Corp. said it won't receive an infusion of capital from Goldman Sachs for a few months. The Boston company laid off 500 people... (Page C2, 749 words)
Date: Jun 27, 2008
www.boston.com/business/articles/2008/06/27/first_marblehead_funding_delayed_a_...
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