FRE

FRE Articles

Reuters:   A Chinese newspaper accused Google (GOOG) of helping US intelligence Reuters:   JP Morgan (JPM) is close to a huge tax refund deal with the FDIC. Reuters:   Oil dropped below $81 on...
Reuters:   Google (GOOG) risks China’s wrath by its challenge to censorship Reuters:   China expressed both regret and anger at Google’s move. Reuters:   The head of the Chicago Fed said...
Lee Iacocca, Chrysler’s CEO in 1979, worked for $1 a year while his company paid back taxpayers $1.2 billion in loan guarantees. Edward Liddy, former CEO of Allstate (ALL), was paid $1 a year when...
American International Group, Inc. (NYSE: AIG) is seeing a significant trading event today.  Today’s news is rumor-driven on top of related news-driven trading.  What is odd is that there is now...
Updated throughout the day. Microsoft (MSFT) will launch a phone with Verizon Wireless. (Gizmodo) Swiss commodity trader Glencore bought back its Prodeco coal operations in Colombia from mining...
Reuters:   Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts. Reuters:   Toyota (TM) is at work in China on damage control. Reuters:   Asia factory output...
The government is slowly winding down its added liquidity additions via mortgage and securities purchases from banks and lenders.  Sort of.  Ben Bernanke’s outline of how to exit the end of free...
Short interest in major banks rose sharply for the period that ended on January 31. Share short in Citigroup (NYSE:C) were up 11% to 439 million. The short interest in Bank of America (NYSE:BAC) rose...
Reuters:   Toyota (NYSE:TM) will recall the Prius. Reuters:   UBS (NYSE:UBS) posted a profit. Reuters:   Nissan posted a profit and raised forecasts. Reuters:   JAL will maintain its ties...
Reuters:   Volcker will testify that banks should curb risky trading. Reuters:   The US sees “no reason” to challenge the Toyota (NYSE:TM) plan to fix cars it has recalled for pedal trouble....
Barney Frank may have caused a recovery of some banking losses in trading yesterday by saying he’d be against any bank-trading abolition that would be immediate and/or financially disruptive to an...
Reuters:   China battle back at US charges about cyber attacks. Reuters:   Under the new Obama proposal, banks may drop private equity assets. Reuters:   Hershey (NYSE:HSY) will not make a...
Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) may finally be getting some added pay regulation.  After regulators and politicians have gone after Wall Street compensation, House Republicans...
These are the top pre-market movers for day traders, active traders, and swing traders seen early this Wednesday.  We have compiled more detailed data and analysis with a link to each story over at...
Updated throughout the day. GMAC will get $3.5 billion in government support  (various) Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) common stock may be worthless (TheStreet) Google...