Squawk Box Stocks Reports On: The Federal Home Loan Mortgage Corporation. (OTCQB: FMCC), Federal National Mortgage Association. (OTCQB: FNMA), Ambac Financial Group, Inc. (OTCQB: ABKFQ), Eastman Kodak Co. (OTCQB: EKDKQ)
Note to Editors: The Following Is an Investment Opinion Being Issued by the Equity News Circuit
NEW YORK, NY--(Marketwire - Apr 1, 2013) - The Federal Home Loan Mortgage Corporation. (OTCQB: FMCC ), Federal National Mortgage Association. (OTCQB: FNMA ), Ambac Financial Group, Inc. (OTCQB: ABKFQ ), Eastman Kodak Co. (OTCQB: EKDKQ ).
The Federal Home Loan Mortgage Corporation. (FMCC) saw shares advancing 14.55% or $0.09 per share to close Thursday at $0.68 on volume of 19,188,634 shares traded. The provider of credit guarantees for residential mortgages originated by mortgage lenders and investor in mortgage loans and mortgage-related securities in the United States saw shares bounce sharply Thursday afternoon. Will we see shares continue to rally to start the new month? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/FMCC
Federal National Mortgage Association. (FNMA) saw shares advancing 14.05% or $0.08 per share to close Thursday at $0.69 on volume of 54,747,019 shares traded. The secondary mortgage company who securitizes mortgage loans originated by lenders in the primary mortgage market saw a large rally begin Thursday afternoon on news that the U.S. central bank sold no mortgage securities guaranteed by Fannie Mae, Freddie Mac or the Government National Mortgage Association, known as Ginnie Mae, in the latest week. It had sold $750 million the previous week, the New York Fed said on its website. Will shares continue to trade higher to start the new month? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/FNMA
Ambac Financial Group, Inc. (ABKFQ) saw shares declining 69.13% or $0.10 per share to close at $0.04 on volume of 50,902,621 shares traded during Thursday's trading session. Shares of Ambac Financial Group, Inc. continued to decline as the company reminded investors, as previously reported, including on page 4 and elsewhere in Ambac's Annual Report on Form 10-K for the year ended December 31, 2012, that their Fifth Amended Plan of Reorganization, which was confirmed by the United States Bankruptcy Court for the Southern District of New York on March 14, 2012, provides for common stock to be cancelled. Accordingly, holders of Ambac's common stock will not receive any distribution with respect to, or be able to recover any portion of, their investment in such securities. As such, all of Ambac's currently outstanding equity securities will be cancelled and have no value upon emergence from bankruptcy. Find out our thoughtson Ambac Financial Group, Inc. in our exclusive report at: http://squawkboxstocks.com/reports/ABKFQ
Eastman Kodak Co. (EKDKQ) saw shares advancing 22.95% to close Thursday's trading session at $0.30 on volume of 6,267,373 shares traded. The stock has seen large volatility in March seeing it's price swing from just under $0.20 to as high as $0.46 before coming back down to $0.23 prior to Thursday bounce. Following such strong volatility will shares of EKDKQ begin to stabilize to start the new month? Find out oour thoughts in our exclusive EKDKQ report at: http://squawkboxstocks.com/reports/EKDKQ
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