On Tuesday, Shares of SLM Corp (NASDAQ:SLM), added 0.68% and closed at $7.44 in the last trading session. The last trading range of the stock ranges between $7.39 and $7.50. The number of parents saving for college and the amounts they are saving are at four-year highs, according to “How America Saves for College 2016,” the national study released recently by Sallie Mae — the nation’s saving, planning, and paying for college company — and Ipsos, an independent global market research company.
“How America Saves for College 2016” finds that 57 percent of parents are saving for college, up from 48 percent in 2015, and the average amount they have saved is $16,380, up from $10,040 last year. More than half (55 percent) of parents feel confident they will be able to meet the cost of college, up from 42 percent in 2015. In addition, 88 percent of parents who have set a savings aim are confident they will meet their aim. Nearly half of parents with a aim (46 percent) are making saving for college a habit by using auto-deposit.
“The higher levels of optimism, confidence, and savings evident in this research correspond with other economic trends we are seeing, such as declines in unemployment and raised optimism about the economy among the U.S. public,” said Julia Clark, senior vice president, Ipsos Public Affairs. “The findings from this year’s study really highlight the different ways that different generations view and value a college education — and, critically, their differing approaches to financial planning when it comes to their children’s future.”
CBL & Associates Properties, Inc. (NYSE:CBL), dropped -0.58% and closed at $11.92 in the last trading session. The last trading range of the stock ranges between $11.80 and $12.07. The company’s Market capitalization is $2.08 Billion with the total Outstanding Shares of 170.79 million.CBL & Associates Properties, Inc. is a public real estate investment trust. It engages in acquisition, development, and administration of properties. The fund invests in the real estate markets of United States. Its portfolio consists of enclosed malls and open-air centers. CBL & Associates Properties is based in Oak Brook, Illinois.
TASER International, Inc.(NASDAQ:TASR), lost -2.39% and closed at $23.71 in the last trading session. The last trading range of the stock ranges between $23.62 and $24.70. During the 52-week trading session the minimum price at which share price traded, registered at $13.56 and reached to max level of $30.15. TASER International (TASR) recently declared the receipt of an order for a total of 900 TASER® X2™ Smart Weapons for the Kentucky State Police. The order is an upgrade of older TASER weapons to the new X2 Smart Weapon using the new TASER 60 annual payment plan that provides warranties and on-site spare equipment for these devices throughout the five-year period. The order for 900 units was received and shipped in the third quarter of 2016.
“We believe the Kentucky State Patrol is making an important move toward a world where every officer has the best technology and training to minimize the chances of a deadly encounter,” says Rick Smith, CEO and co-founder of TASER International. “Using our TASER 60 plan provides a new, cleaner alternative for allowing Smart Weapons to be a budgetary line item providing better financial visibility. It also fulfills our mission to make a TASER CEW available to every officer, so they have the best options available to avoid injury or death,” concluded Smith.