FRE
FRE Articles
It’s no secret that Fannie Mae (NYSE:FNM) has been in trouble, and this afternoon we just found out some more of what we have been expecting. The troubled GSC is cutting its quarterly dividend by...
Published:
Last Updated:
We won’t rehash the credit malaise that has punished shares of Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM). You’ve already seen it, heard it, felt it, and maybe lost money over it. But...
Published:
According to Reuters, a fire closed most of the oil pipeline between the US and Canada. Reuters writes that the head of VW said the the Russian car market would eventually be the largest in Europe....
Published:
It is always a wonder when the markets go from horrible to wonderful in two mere days. If you asked traders, institutions, and brokers last week (or even Monday) what to expect, you would have...
Published:
According to Reuters, GM (GM) will begin to build hybrid cars in China next year. Reuters writes that BHP Billiton (BHP) is insisting that a merger with Rio Tinto (RTP) will not raise pricing...
Published:
Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57. Countrywide Financial (CFC) Senator asks for probe of borrowing....
Published:
Aetna (AET) raised to Overweight at JPMorgan.Bankrate (RATE) raised to Outperform at Bear Stearns.Celgene (CELG) raised to Buy at Banc of America.Deere (DE) raised to Buy at Banc of America.Fannie...
Published:
Last Updated:
The Wall Street Journal makes the point that the markets are starting to turn against share buy-backs. And, in the case of companies like Fannie Mae (FNM) or Freddie Mac (FRE), that may make sense....
Published:
According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes that HP’s...
Published:
Giant Interactive (GA) Market unhappy with Chinese game company’s financial results. Drops to $9.56 from 52-week high of $20.46. Freddie Mac (FRE) Bad earnings and warns on dividend. Falls to...
Published:
Biogen Idec (BIIB) announced an alliance with Neurimmune Therapeutics to develop treatments for Alzheimer’s Disease.BJ’s Wholesale (BJ) $0.35 EPS vs $0.33 est.Blue Coat Systems (BCSI) $0.30 EPS...
Published:
Freddie Mac (FRE) reported a net loss of $2.0 billion, or $3.29 per diluted common share, in the third quarter of 2007, compared to a net loss of $715 million, or $1.17 per diluted common share, for...
Published:
GENESCO (GCO) Broken buy-out. Down to $29.04 from 52-week high of $54.15. Unisys (UIS) No new news. Old line computer maker working on transformation to services. Down to $5.13 from 52-week high of...
Published:
These are not the only impacting analyst calls in the land of upgrades & downgrades, but these are the top ten analyst calls 24/7 Wall St. is looking at today: Baker Hughes (BHI) &...
Published:
Fannie Mae (NYSE:FNM) is seeing shares trade much lower after net income fell by more than half in the first nine months now that SEC filings for Q1, Q2 and Q3 have been caught up to date. The good...
Published:
Last Updated: