FNMA Fannie Mae is a government-sponsored enterprise that

FNMA Fannie Mae is a government-sponsored enterprise that was chartered by Congress in 1938 to support liquidity, stability and affordability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold.+

Mid-day Buzzers: Goff Corp, Amgen, Sprint Nextel Corporation, Federal National Mortgage Association

Apr 12, 2013 (ACCESSWIRE-TNW via COMTEX) -- NEW YORK, April 12, 2013 - cheapstocks.us, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Goff Corp, Amgen, Sprint Nextel Corporation, Federal National Mortgage Association.

Amgen, Inc. (NASDAQ:AMGN) shares jumped 3.43% to $111.19. AMGN's stock had its target price lifted by RBC Capital from $95.00 to $105.00 in a research note issued to investors on April 8. The firm currently has an outperform rating on the stock.

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Additionally, the company on Mar. 20 said its experimental and novel treatment for advanced melanoma met the main goal of a late-stage clinical trial by demonstrating a durable response in significantly more patients than a comparison treatment. The drug known as talimogene laherparepvec induced a durable response rate (DRR) - defined as a complete or partial tumor shrinkage lasting for at least six months - in 16 percent of patients, according to preliminary results.

Sprint Nextel Corporation (NYSE:S) shares fell 1.04% to $6.20. The company will release its financial results for the first quarter 2013 on Wednesday, April 24. The results will be posted at www.sprint.com/investors at approximately 7 a.m. ET. Sprint Nextel management will host a conference call at 8 a.m. ET to discuss the results.

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Aditionally, Sprint's stock had its "neutral" rating reaffirmed by research analysts at JPMorgan Chase in a report released on April 12. They currently have a $6.00 target price on the stock. Moreover, Softbank Corp. (9984) and Sprint Nextel Corp. (S) told a U.S. lawmaker they won't integrate equipment from Chinese gear maker Huawei Technologies Co. into Sprint's network after they merge, the legislator said on Mar. 28.

Federal National Mortgage Association(OTC:FNMA) shares dropped 3.99% to $0.720. The company provides liquidity and stability support services in the secondary mortgage market in the United States. Reuters reported that a federal appeals court in New York said on April 5 that the Federal Housing Finance Agency can proceed with its lawsuit against UBS AG over mortgage losses at Fannie Mae and Freddie Mac.

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Looking forward, company said they expect strong annual net income in the next few years on improving credit quality and higher guaranty fees. FNMA said it was not releasing its valuation allowance, which was $58.9billion at the end of last year, on deferred tax assets.

Goff Corp(OTC:GOFF) shares fell 5.42% to $0.279. GOFF reported on April 10 that its wholly owned subsidiary Golden Glory Resources Inc.announced that it has entered a Letter Of Intent to acquire a third large gold project in Colombia. The leases, known as the Santa Rosa Gold Project, are located in the well-known gold mining district of the South Bolivar Department, Colombia.

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The Company, through its wholly owned subsidiary, Golden Glory Resources S.A., is engaged in mineral exploration. The Company's primary project is the La Frontera Gold Project located in the Aguadas Department, in Caldas, Colombia.

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As of Monday, 04-08-2013 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 03-09-2012 for S @ $2.71.

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SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright  2004-2013 Comtex News Network, Inc. All rights reserved.
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Fannie Mae Announcement Goff Corporation's News: (OTCQB: FNMA), (OTCQB: GOFF)

Apr 12, 2013 (ACCESSWIRE-TNW via COMTEX) -- New York (April 12th, 2013) - Fannie Mae (OTCQB: FNMA) announced that the company issued approximately $8.2 billion1 of multifamily MBS in the first quarter of 2013, backed by new multifamily loans delivered by its lenders. Fannie Mae also resecuritized $3.2 billion of DUS® MBS through its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program in the first quarter.

"The momentum in the Agency CMBS market carried over year-end and into 2013, and DUS issuance continued to be robust in the first quarter," said Kimberly Johnson, Senior Vice President of Multifamily Capital Markets, Fannie Mae. "Resecuritization activity has remained stable in the first quarter despite interest rate volatility, and we are on pace to exceed $10 billion in GeMS issuance this year."

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Goff Corporation's (OTCQB: GOFF) wholly owned subsidiary Golden Glory Resources Inc. has engaged GeoconsultoraFenix S.A.S., a leading geo--technical consulting firm in Colombia to conduct the exploration program on its La Frontera Gold Project. Fenix will be using the advances provided by modern satellite interpretation to help determine gold/silver targets on the leases.

The leases on Goff subsidiary Golden Glory Resources' LGC15011 or La Frontera Gold Project are comprised of 1227 hectares of mineral leases in the Aguadas area, Department of Caldas, located about 60 kilometers south of Medellin in Northern Colombia. Roughly 30% of the La Frontera property also straddles the Antioquia region. The Caldas and Antioquia regions are emerging as two of the leading gold producing areas in Colombia.

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http://www.wallstreetscoop.net/market-scan/?symbol=GOFF

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