CFC

CFC Articles

The Wall Street Journal writes "CtW Investment Group, a pension-fund advisory group affiliated with seven big labor unions" has sent a letter to the board of Countywide Financial (CFC) asking it to...
Sen. Charles Schumer seems to have his nose everywhere, whether it belongs or not. Yesterday, he called for the SEC to investigate Countrywide (CFC) along with its CEO CEO Angelo Mozilo. There is...
Did he or didn’t he? That is the question being asked about Countrywide (CFC) CEO Angelo Mozilo and his 10b5-1 stock sales plan. Normally these programs are set up to cover regular stock sales over...
Workers in industries that are not doing well usually get laid off. But, it is not a good omen when workers in robust sectors of the economy are losing their jobs. Countrywide (CFC) has said that...
The subprime mortgage malaise is quite multi-faceted.  The borrowers are at fault for overextending themselves.  The lenders are at fault for making loans that are a stretch.  Realtors exacerbate...
It looks like insider trading is becoming a big issue with state and city pension funds. North Carolina has suggested charges against the head of Countrywide Financial (CFC)  And now a city pension...
It really doesn’t look good. Countrywide Financial (CFC) CEO Angelo R. Mozilo sold tons of stock in the period before the sub-prime markets caved in. According to The New York Times, he "starting a...
According to Reuters, several retailers cut holiday forecasts and the economy slows. Reuters writes that Chrysler has reached an accord with the UAW. Reuters reports that Boeing (BA) has delayed...
Below are the major changes in short interest in NYSE listed companies comparing the figures on September 28 with those on September 14. Largest Short Positions Company                ...
24/7 Wall St. is not the only medium that took exception to Countrywide’s (CFC) hiring of Burson-Marsteller to lift employee morale and help the mortgage company look better to the outside world....
"You can fool some of the people all of the time and all of the people some of the time. But, you cannot fool all of the people all of the time."–Abe Lincoln Countrywide Financial (CFC) has decided...
According to Reuters, Verizon (VZ) is launching three new phones for the holidays, One will compete directly with the Apple (AAPL) iPhone. Reuters writes that Microsoft (MSFT) is releasing a new...
No one would be surprised to see mortgage lender Countrywide (CFC) of the list of biggest losers for the third quarter The company’s shares were down 48% to $19. The fall of Circuit City (CC) was...
The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares short on September 14...
We reviewed our different portfolios of key stocks to see which ones performed the best today, and it wasn’t just the financials as a general class.  At the end of the day, Jim Cramer’s old list...