CFC
CFC Articles
Countrywide (CFC) said "it funded 48 percent fewer home loans in October than a year earlier," according to Reuters. The news agency said Countrywide said it funded $22 billion of home loans in...
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Robert Shiller, is a Yale University economist and co-developer of Standard and Poor’s S&P/Case-Shiller Home Price Indices, a highly regarded measurement of the housing market. He believes that...
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Countrywide (CFC) has filed with the SEC that if its credit ratings are cut any further, its ability to raise money could be damaged. With the possibility of more write-downs of mortgage-based...
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According to Reuters, BHP Billiton (BHP) will not sell its petroleum division, as had been rumored, to finance a bid for Rio Tinto (RTP). Reuters writes that most of the Hershey (HSY) was pushed out...
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Below is the short interest for major companies traded on the NYSE and changes from October 15, 2007 to the most current date, October 31, 2007. Company ...
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Stock options are supposed to be an incentive for doing well. They are priced the day of the grant. If the share price goes up, they have value and can be sold. If the share price goes down, they...
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According to Reuters, Google (GOOG) launched a new mobile phone initiative with a number of handset makers and cellular carriers. Reuters writes that an analysts covering the financial industry...
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Distressed debt investor TCW Group and hedge-fund firm Marathon Asset Management have begun looking at buying assets in the mortgage market. But, they have not moved in yet, as far as anyone can...
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After Countrywide (CFC) reported its third quarter loss last week, the company said that it would make money in Q4 and next year. There is really no way for the firm’s management to know that, but...
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According to Reuters, Alan Greenspan say that the demand for subprime mortage securities is down. Reuters writes that the UAW is gearing up for tough talks with Ford (F). The Wall Street Journal...
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Bond seer Bill Gross of PIMCO issued his November outlook and is looking for the FOMC not to just need a rate cut this week. He believes that the FOMC will need to cut short-term rates (fed funds)...
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(BEAS) BEA Systems trading down almost 4% ahead of Oracle rejected BEA Systems’ $21 indication.(CFC) Countrywide -$2.85 EPS vs -$1.28 est., but shares indicated up over 10% on writedowns.(COLM)...
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Wall St. expected Countrywide Fiancial (CFC) to have an EPS loss of $1.28 on $232 million in revenue. Concerns about earnings have driven the stock to a 52-week low of $13 But, the company saved...
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Radian Group (RDN) Mortgage insurance comanies being beaten to death. Drops to $9.72 from 52-week high of $67.35. MGIC Investment (MTG) Mortgage insurance company has big loss, cuts dividend. Falls...
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Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large increases and total short...
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