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...
Fannie Mae (NYSE: FNM) made an announcement that the troubled mortgage giant and GSE received notice yesterday from the New York Stock Exchange that it has regained compliance with the NYSE’s...
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...
2007 and 2008 aren’t turning out to be the best years for GSE’s like Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).  Things just got worse for these two this morning. Merrill...
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 gruesome...
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...
It seems that the end of the recession notices via positive GDP has not reached Main Street America, at least as far as paying for their single-family house.  Fannie Mae (NYSE: FNM) has just...
As late in the game as it may be, Paulson began to address bringing down mortgage interest rates for new home buyers by suggesting the Fannie Mae (FNM) and Freddie Mach (FRE) could be used to push...
It seems that Uncle Sam does not want to be the Grinch this Christmas and is giving a gift of no foreclosures during the holidays.  At least its GSE mortgage lenders in government conservatorship,...
We already knew all about the big delistings for Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).  Now the delisting process is heading the way of Ambac Financial Group, Inc. (NYSE: ABK).  After...
The Treasury Department announced that it would give Fannie Mae (NYSE:FNM)and Freddie Mac (NYSE:FRE) “unlimited” financial support for the next three years, which seems like an awful lot. Some...
Fannie Mae (NYSE:FNM) recorded a net loss of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss attributable to common...
On Thursday morning we’ll get to see earnings out of Freddie Mac (NYSE: FRE). The estimates from First Call for the government sponsored entity are roughly -$2.34 EPS on what is listed as -$198.30...
Reverse spilts are the tools of companies which cannot keep their share prices up through good management and sound operation. Most firms that resort to them want to keep their stocks above $1 to...
One of the first things students get taught in business school is that it is a bad idea to replace senior management in the midst of a crisis, especially if those people have been around for a long...