LocateStock.com Daily High Five For Wednesday August 27, 2008

Jersey City, NJ – August 27, 2008

The LocateStock.com HIGH FIVE for Wednesday, August 27^th are:

5 – MBIA – NYSE:MBI

4 – AMR Corporation – NYSE:AMR

3 – Lehman Brothers – NYSE:LEH

2 – Freddie Mac – NYSE:FRE

1 – Fannie Mae – NYSE:FNM

MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.

* Shares of bond insurer MBIA rose on Monday, lifted in part by Freddie Mac's successful debt auction. Shares rose 6.2% and rose an additional 9 cents or 0.83% to $10.92.

AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

* Airline stocks were showing weakness Tuesday as oil prices climbed ahead of a Gulf of Mexico hurricane that threatened production. Crude for October delivery surged $2.39 to $117.50 a barrel on the New York Mercantile Exchange, as Hurricane Gustav approached the Gulf of Mexico. The news sent shares of AMR down 45 cents or 4.47% to $9.61.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

* Bloomberg reported on Tuesday that Lehman may seek outside investors to fund a company that would buy the investment bank's commercial real estate assets. The new company would manage the assets, but Lehman may contribute some equity to the venture to reap the benefits if the assets rise in value. Shares of LEH rose 58 cents or 4.31% to $14.03.

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Freddie Mac helped lead the financial-sector rally Tuesday on a report that they may have enough capital to absorb losses this year. Shares rose an additional 68 cents or 20.67% to $3.97 after rocketing 17% the day before.

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

* Fannie Mae helped lead the financial-sector rally Tuesday on a report that they may have enough capital to absorb losses this year. Fannie also said its mortgage portfolio grew 14.4% in July, showing that the company is growing its business despite capital concerns. Still, the firm said its serious delinquency rate on conventional single-family mortgages rose to 1.36% in June from 1.3%. Shares of Fannie rose 43 cents or 8.29% to $5.62 on the news.

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

CONTACT: pressrelease@locatestock.com / 201-332-6800

SOURCE: Locate Stock, LLC

LocateStock.com Daily High Five For Tuesday August 26, 2008

     

Jersey City, NJ – August 26, 2008

 

The LocateStock.com HIGH FIVE for Tuesday, August 26^th are:

                       

5 – Doral Financial – NYSE:DRL

4 – Wachovia – NYSE:WB

3 – Freddie Mac – NYSE:FRE

2 – Fannie Mae – NYSE:FNM

1 – Lehman Brothers – NYSE:LEH

 

Doral Financial Corporation, (NYSE:DRL) through its subsidiaries, provides a range of financial services primarily in Puerto Rico and New York. The company operates through four segments: Mortgage Banking, Banking, Insurance Agency, and Institutional Securities.

 

* On Friday Doral Financial reported a significantly narrower loss for the second quarter on a rise in interest income and a fall in provision for bad loans, sending its shares up as much as 20%. But on Monday, news that the lender posted a loss of $6.7 million, or 12 cents a share, compared with a loss of $45.8 million, or $8.49 a share, last year, had shares falling. DRL fell 82 cents or 6.07% to $12.68 on Monday.

 

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Late last week Wachovia said it will open its first full-service retail branch in downtown Los Angeles early next year. The move follows the July opening of the company's wholesale and government banking office in the city. Shares of WB began the week down 44 cents or 3.06% to $13.92 on Friday.

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Shares of Freddie Mac rebounded 17.08% on Monday as solid demand for a $2 billion debt auction showed the troubled mortgage company is still able to raise capital, even if the markets demand higher yields. Freddie shares rallied after the company sold $1 billion in three-month bills Monday at a rate of 2.58% and $1 billion in six-months bills at 2.858%. Freddie closed the session up 48 cents to $3.29 on the news.

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

 

* Shares of Fannie Mae soared Monday after Freddie Mac completed a $2 billion debt sale and a Wall Street analyst said a government bailout of the mortgage finance giants may not be inevitable. Shares rose 19 cents or 3.80% to $5.19.

 

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* CNBC reported that a top South Korean regulator voiced concern about state-run Korea Development Bank's interest in buying Lehman, meanwhile, the list of potential bidders for the bank's asset management business, which includes Neuberger Berman, is growing shorter. Shares of Lehman fell 96 cents or 6.66% to $13.45 on Monday.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 

LocateStock.com Daily High Five For Monday August 25, 2008

 

Jersey City, NJ – August 25, 2008

 

The LocateStock.com HIGH FIVE for Monday, August 25^th are:

                       

5 – Freddie Mac – NYSE:FRE

4 – Wachovia – NYSE:WB

3 – DryShips – NASDAQ:DRYS

2 – Lehman Brothers – NYSE:LEH

1 – Fannie Mae – NYSE:FNM

 

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Moody's Investors Service slashed ratings on preferred stock of Freddie Mac by five notches, to just above the "junk" level. The move highlighted the risk that it won't be able to pay dividends on the shares. Shares fell 35 cents or 11.08% to $2.81. The stock lost 52% last week.

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

* Wachovia said it will open its first full-service retail branch in downtown Los Angeles early next year. The move follows the July opening of the company's wholesale and government banking office in the city. Shares of WB lost 29 cents or 1.98% to $14.36 on Friday.

DryShips, Inc. (NASDAQ:DRYS) engages in the ownership and operation of drybulk carriers worldwide. The company's fleet carries various drybulk commodities, including coal, iron ore, and grains, bauxite, phosphate, fertilizers, and steel products.

* Greek drybulk shipper DryShips said its second-quarter profit nearly tripled but was well below what analysts had expected. DryShips said it earned $299.8 million, or $7.10 per share, up from $110.8 million, or $3.12 per share, during the same period a year ago. The company said its results were boosted by a $135.8 million one-time gain from the sale of the three ships, and a $12.2 million gain associated with the valuation of interest rate swaps. Stripping out those items, the company earned $151.8 million, or $3.60 per share. Analysts surveyed by Thomson Reuters were expecting an adjusted profit of $4.57 per share. DRYS lost $2.31 or 3.15% to $71.09 on the news Friday.

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* Shares of Lehman Brothers ended higher Friday on talk of a possible acquisition. The stock added 69 cents or 5.03% to $14.41 after spiking at the start of the day on a report that Korea Development Bank had said the Lehman was one of its options for acquisition.

 

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

 

* Moody's Investors Service slashed ratings on preferred stock of Fannie Mae by five notches, to just above the "junk" level. The move highlighted the risk that it won't be able to pay dividends on the shares. Shares rose 15 cents or 3.09% to $5.00. The stock lost 37% last week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 

LocateStock.com Daily High Five For Friday August 22, 2008

Jersey City, NJ – August 22, 2008

 

The LocateStock.com HIGH FIVE for Friday, August 22^nd are:

                       

5 – Freddie Mac – NYSE:FRE

4 – AMR Corporation – NYSE:AMR

3 – Wachovia – NYSE:WB

2 – Lehman Brothers – NYSE:LEH

1 – Fannie Mae – NYSE:FNM

 

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Speculation has been building on Wall Street that a government investment to rescue Freddie Mac would come in the form of a cash infusion through the acquisition of preferred shares in the company. Those shares, which pay a bond-like yield, get preference over common shares in the event a company is liquidated. Freddie lost 9 cents or 2.77% to $3.16 on Thursday and is down more than 45% this week.

AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

 

* Most of the major airline stocks took a dive during Thursday afternoon trading, as the price of oil surged more than $5. A report said that the average cost to fly one mile in the U.S. on a commercial airliner rose 7.5% in July compared to the same month last year. Shares of AMR lost an additional 27 cents or 2.71% to $9.68 and are down more than 17% so far this week.

 

Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United States and internationally. Its deposit products include savings, NOW, money market, and interest-bearing checking accounts, as well as noninterest-bearing deposits and other consumer time deposits.

 

* Wachovia shares fell Thursday after an analyst from Friedman, Billings, Ramsey reinitiated coverage of the bank at "Underperform," due to its significant exposure to troubled mortgage loans. Wachovia lost 25 cents or 1.68% to $14.65 on Thursday.

Wachovia

 

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

 

* Lehman lost .07% on Thursday as the firm found itself under the gun once again. One newspaper report suggested that an asset sale to China's largest brokerage fell through and a separate report suggested the Fed was probing market rumors that Credit Suisse was about to pull a credit line out from under Lehman. Shares fell 1 cent to $13.72.

 

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

 

* Speculation has been building on Wall Street that a government investment to rescue Fannie Mae would come in the form of a cash infusion through the acquisition of preferred shares in the company. Those shares, which pay a bond-like yield, get preference over common shares in the event a company is liquidated. Fannie gained 45 cents or 10.23% to $4.85 but is still down more than 38% this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

 

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC

 

 

 

 

 

LocateStock.com Daily High Five For Thursday August 21, 2008

Jersey City, NJ – August 21, 2008

The LocateStock.com HIGH FIVE for Thursday, August 21^st are:

                       
5 – US Airways Group – NYSE:LCC

4 – AMR Corporation – NYSE:AMR

3 – Freddie Mac – NYSE:FRE

2 – Lehman Brothers – NYSE:LEH

1 – Fannie Mae – NYSE:FNM

 
US Airways Group, Inc. (NYSE:LCC) provides air transportation for passengers and cargo. It operates approximately 3,800 flights daily to 230 communities in the continental United States, Hawaii, Alaska, Canada, the Caribbean, Latin America, and Europe.

* Airlines stocks remained under pressure Wednesday as oil prices remained virtually flat following a U.S. government inventories report. Shares of US Airways lost ground, closing down 13 cents or 1.70% to $7.51.

AMR Corporation (AMR), (NYSE:AMR) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia.

* American Airlines, the nation's largest carrier, spent $1.4 million in the second quarter to lobby on air traffic control, aviation security and other issues, according to a recent disclosure report. The airline lobbied Congress on a bill to reauthorize the Federal Aviation Administration and modernize the air traffic control system. Shares of AMR lost an additional 13 cents or 1.29% to $9.95 after losing nearly 12% a day earlier.

Freddie Mac (NYSE:FRE) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations.

* Shares of Freddie Mac hit a new low and fell 22.06% on Wednesday as the chorus of pessimists reached a crescendo and market consensus solidified that the government will have to bail them out. Bloomberg News reported that the government's decision to bail out the firms will likely depend on whether or not the firms can pay off bonds coming due this month. Freddie lost 92 cent to $3.25 after plunging as low as $2.95 earlier in the session. Shares of Freddie are down more than 44% this week.

 

Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management.

* Lehman continued its run on the hot seat for the third day this week as JPMorgan analyst Kenneth Worthington cut his earnings estimates for Lehman through 2009, saying he expects $4 billion in writedowns in the third quarter. The investment bank is reportedly shopping its Neuberger Berman asset management unit, but Worthington does not think a sale is likely. Lehman shares rose 66 cents or 5.05% to $13.73 on Wednesday.

Fannie Mae (NYSE:FNM) provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate the flow of funds into the mortgage market in the United States. It operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.

* Shares of Fannie Mae also hit a new low on Wednesday, falling 26.79% as the chorus of pessimists reached a crescendo and market consensus solidified that the government will have to bail them out. Bloomberg News reported that the government's decision to bail out the firms will likely depend on whether or not the firms can pay off bonds coming due this month. Fannie shares lost $1.61 to $4.40 after hitting a new low of $3.95. The stock is down more than 44% this week.

 

The daily HIGH FIVE stocks are determined by the company's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest­ stocks to short that day.

LocateStock.com is the premier electronic securities lending company providing revolutionary, real-time, hard-to-borrow stock locates and market data to hedge funds and professional traders seeking an efficient and private way to borrow stock associated with short sales. LocateStock TV is a daily financial news show that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. 

For an in-depth market analysis on each individual, hard to borrow stock, tune in daily to LocateStock TV, on http://www.locatestock.com/pressrelease.html

 

CONTACT:     pressrelease@locatestock.com / 201-332-6800

SOURCE:        Locate Stock, LLC