FRE
FRE Articles
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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Next week we may have the FOMC meeting, but analysts and economists are looking for no change in rates with the language growing more hawkish on inflation and more cautious on the economy. But what...
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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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The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America’s most well-known companies will have to raise...
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I will preface this by saying that I’m a big fan of David Dreman. I read his column in Forbes regularly, and his book Contrarian Investment Strategies is an all-time classic. Want to Retire Early?...
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A number of analysts believe that there can be no recovery in bank earnings and share prices as long as the housing market is troubled. If that opinion is right, new foreclosure data paints a...
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Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts may have moved on from...
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According to Reutere, Yahoo! (YHOO) profits were down, but the company maintained its full-year forecast. Reuters reports that Wachovia (WB) posted huge write-offs and losses for the last quarter....
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E*TRADE Financial Corp. (NASDAQ: ETFC) posted its loss after the close. The company posted a -$0.19 non-GAAP EPS loss while First Call had estimates at -$0.14 EPS. The company set aside some...
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One of the most odd piece of financial news so far this year is that the federal government is sending in some of its accounting experts to see what the books of Fannie Mae (FNM) and Freddie Mac...
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According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses. Credit Card Companies Are...
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It now appears that Freddie Mac (FRE) will raise about $10 billion. The only trouble with that is that its current market cap is only $6 billion. For shareholders, the news is almost as bad as a...
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