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Stock Market & Financial Investment News

News Breaks
March 31, 2014
10:50 EDTFMCCAckman increases economic exposure to Freddie Mac to 11.08%
Bill Ackman's Pershing Square Capital confirmed in a regulatory filing that as of March 31 the fund and affiliates beneficially owned an aggregate of 63,575,565 shares of the common stock of Federal Home Loan Mortgage Corporation, or Freddie Mac, representing approximately 9.78% of its outstanding common stock. Pershing also has additional economic exposure to approximately 8,434,958 notional shares of common stock under certain cash-settled total return swaps, bringing total aggregate economic exposure to 72,010,523 shares of common stock, or approximately 11.08% of the outstanding common stock.
News For FMCC From The Last 14 Days
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March 3, 2015
09:55 EDTFMCCFreddie Mac announces successful sale of 1,975 non-performing loans
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06:52 EDTFMCCFHFA announces new rules for sales of Freddie Mac, Fannie Mae loans
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February 24, 2015
07:12 EDTFMCCWells Fargo to hold a conference
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February 19, 2015
08:19 EDTFMCCFreddie Mac reports Q4 net income $200M vs. $2.1B last quarter
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