FNM
FNM Articles
A share of Fannie Mae (FNM) goes for $6. Freddie Mac’s (FRE) shares are at just above $4. The market caps of the two companies combined is only about $9 billion. The most recent estimate of the...
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According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will...
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J Crew Group (JCG) Analyst downgrade. Drops to $24.86 from 52-week high of $52.44. Cameco Corporation (CCJ) Bad profits. Down to $27.56 from 52-week high of $52.33 Fannie Mae (FNM) Ongoing concerns...
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According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit. Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac...
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Fannie Mae (FNM) Barron’s says common shareholders may be wiped out by new capital. Drops to $6.08 from 52-week high of $70.57. Harman International (HAR) Earnings miss. Drops to $33.61 from...
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VSInvestor reports on several stocks moving on heavy volume today. At the top of the list are Freddie Mac (FRE) and Fannie Mae (FNM) dropping on comments from Barron’s that the common shareholders...
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In the current age of financial pessimism, Morgan Stanley (MS) does not want to be bested. In a show of unusual courage, its president is predicting that the world of Wall St. will get progressively...
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According to Reuters, JP Morgan (JPM) lost $1.5 billion in July. Reuters writes the UBS (UBS) posted a huge loss and will split itself into a wealth management operation and an investmen bank....
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Shorts sellers suffered from a lack of conviction on the direction of financial stocks in the period that ended July 31. They were clear that betting against tech was no longer a good idea. While the...
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Why should Freddie Mac (FRE), the big banks and large brokerage firms have all the fun losing billions of dollars. Fannie Mae crashed the party today by announcing mind-boggling losses and cutting...
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Freddie Mac’s (FRE) results undercut any hope that things at the quasi-governmental agency would get better soon. Actually, they were an indication that the Treasury will have to get into the act...
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According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it would not...
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According to Reuters, large Yahoo! (YHOO) holder Capital Research want to know whether vote counts from the company’s annula meeting were accurate. Reuters writes that the Fed is seen as holding...
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According to Reuters, the Fed will sit tight on rates as oil prices moderate. Reuters writes that Verizon (VZ) labor talks have continued past their dealine. Reuters reports that Chrysler renewed its...
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Today before the close of the market, former Fed-Head Alan Greenspan participated in an interview on CNBC with Maria Bartoromo. The good news is that he’s no longer hard to understand at all. ...
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