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Stock Market & Financial Investment News

News Breaks
February 21, 2014
07:48 EDTFNMAFannie Mae reports Q4 EPS (25c), may not compare to one estimate 60c
Reports Q4 revenue $6.99B, one estimate $5.27B. Reports Q4 net income $6.5B. Reports Q4 NII $4.85B.
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August 20, 2014
09:03 EDTFNMASpread of unrest beyond Ferguson would be positive for GSEs, says Rafferty
Rafferty Capital's Dick Bove indicates that he believes that if the unrest in Ferguson spreads, Congress would increase housing subsidies, benefiting the GSEs, Fannie Mae (FNMA) and Freddie Mac (FMCC).
August 15, 2014
07:44 EDTFNMAAckman sues government over Fannie, Freddie, Reuters reports
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August 7, 2014
07:34 EDTFNMAFannie Mae reports Q2 net income of $3.7B, comprehensive income $3.7B
Reports Q2 revenue $5.29B, one estimate $4.7B; Reports Q2 positive net worth of $6.1B, and expects to pay $3.7B to Treasury in September as a dividend on the senior preferred stock.

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