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Nelnet Reports Fourth Quarter 2020 Results

LINCOLN, Neb., Feb. 25, 2021 /PRNewswire/ --┬áNelnet (NYSE: NNI) today reported GAAP net income of $235.0 million, or $6.10 per share, for the fourth quarter of 2020, compared with GAAP net income of $42.4 million, or $1.06 per share, for the same period a year ago. Net income, excluding derivative market value adjustments1, was $240.4┬ámillion, or $6.23 per share, for the fourth quarter of 2020, compared with $44.6 million, or $1.12 per share, for the same period in 2019. During the fourth quarter of 2020, the company recognized a gain of $258.6 million (or $196.5 million after tax, or $5.10…

Patrick Mahome’s huge contract: 10 fun comparisons

There are many ways to see Patrick Mahomes signed a contract to stay with Chiefs. Maximum value: $ 503 million. Guaranteed upon signing: $ 63 million. Total Guaranteed Damage: $ 141 million. But the most logical way is as a 10-year extension of $ 450 million before he includes remnants of his first contract and the potential to earn future incentives. So, how much is $ 450 million? Let's look at it in these terms: Bigger than all but the 22 best lottery jackpots (12 Powerballs, 10 Mega Millions) in US history. - More than the gross domestic product in…

Retirement and self-sabotage in South Africa

Even after the final reforms are in place, investors will be free to be their own worst enemy, writes Mica Townsend, Business Development Manager and Employee Benefits Consultant at 10X Investments. Almost ten years after the National Treasury began its mission to strengthen South African pension savings, as reflected in the 2020 tax law amendment, the final reforms are scheduled to take effect on March 1 - but unfortunately fund members will still be free to sabotage their own pension. As relevant as some of these reforms, it is unlikely that they will achieve the overall objective of "improving conservation…

President Biden places’ America ‘in cost’ with the primary spherical of govt orders

The TelegraphRussian authorities give conflicting explanations for Kremlin-like safety at alleged "Putin's palace"Russia's high safety businesses have provided conflicting explanations for elevated safety measures round a billion-dollar property on the Black Sea, known as "Putin's palace" by opposition chief Alexei Navalny. Confronted with greater than 95 million views of Navalny's YouTube investigation into the house, President Vladimir Putin was pressured to concern a denial on Monday, insisting that neither he nor his household personal the property whose existence ruined thousands and thousands of Russians. Indignant protests unfold throughout the nation's eleven time zones on Saturday in response to allegations of…

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