Friday, August 29, 2008
LocateStock.com Daily High Five For Friday August 29, 2008

Jersey City, NJAugust 29, 2008

 

The LocateStock.com HIGH FIVE for Friday, August 29th are:

                       

5 – Lehman Brothers – NYSE:LEH

4 – Freddie Mac – NYSE:FRE

3 – Fannie Mae – NYSE:FNM

2 – Ambac – NYSE:ABK

1 – MBIA – NYSE:MBI

 

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 will announce plans to cut 1,500 employees, or roughly 6% of its workforce, next month, the New York Times reported Thursday. The layoffs could be announced right before the struggling investment bank reports third-quarter earnings in mid-September, the Times said. Shares of LEH rose $1.09 or 7.37% to $15.87 on the news.

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, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dropped to 6.40% this week, down from 6.47% last week. The new rate was the lowest since the week of July 17 when 30-year mortgages stood at 6.26%. Shares of FRE rose 53 cents or 11.16% to $5.28 on Thursday and are up 88% so far this week.

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 said late Wednesday that three top executives are leaving as the mortgage finance company aims to cope with mounting losses from the mortgage crisis. On Thursday Lehman Brothers said Fannie's capital and reserves are better than the market perceives. Fannie shares rocketed an additional $1.47 or 22.69% to $7.95 and 59% so far this week.

 

Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.

 

* Shares of Ambac rallied Thursday on news that MBIA is in a deal to reinsure $184 billion in municipal bonds, showing the embattled bond insurer is able to attract new business despite the credit crunch. ABK soared $2.18 or 41.60% to $7.42 on the news.

 

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 mortgage and bond insurers rallied Thursday on news that MBIA is in a deal to reinsure $184 billion in municipal bonds, showing the embattled bond insurer is able to attract new business despite the credit crunch. The deal would net about $741 million. Shares of MBIA rocketed $4.17 or 34.81% to $16.15.

 

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

 

 

 

 

 


Thursday, August 28, 2008
LocateStock.com Daily High Five For Thursday August 28, 2008

Jersey City, NJAugust 28, 2008

 

The LocateStock.com HIGH FIVE for Thursday, August 28th are:

                       

5 – Solarfun Power Holdings – NASDAQ:SOLF

4 – AMR Corporation – NYSE:AMR

3 – Fannie Mae – NYSE:FNM

2 – Freddie Mac – NYSE:FRE

1 – Ford – NYSE:F

Solarfun Power Holdings Co., Ltd., (NASDAQ:SOLF) through its subsidiary, Jiangsu Linyang Solarfun Co., Ltd., engages in the development, manufacture, and sale of photovoltaic (PV) cells and PV modules primarily in the People's Republic of China. It offers monocrystalline silicon cells and modules, and multicrystalline silicon cells and modules to system integrators, as well as through third party distributors.

* Shares of Solarfun Power Holdings dropped Wednesday after the Chinese solar cell maker warned that the average selling price of its photovoltaic modules could fall in 2009. Shares fell $2.61 or 13.78% to $16.33. Lazard Capital Markets analyst Sanjay Shrestha is maintaining a "Hold" rating on the stock, saying it is fairly valued at current levels considering the near-term uncertainty surrounding polysilicon sourcing and margin performance.

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.

 

* On Wednesday AMR Corp. was downgraded at Citigroup to Sell, with a $9 price target. Despite lower fuel costs, the stock has more than doubled since July 15, and trades at a premium to its European peers. Shares of AMR fell an additional 26 cents or 2.71% to $9.35. Shares are down almost 9% so far this week.

 

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 said late Wednesday that three top executives are leaving as the mortgage finance company aims to cope with mounting losses from the mortgage crisis. Fannie shares rocketed 86 cents or 15.30% to $6.48. Shares are up 29% so far this week.

 

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.

* Friedman Billings Ramsey analyst David Rochester on Wednesday said Financial Institutions, the holding company of Five Star Bank, is among the banks he covers with substantial exposure to troubled mortgage finance companies Fannie Mae and Freddie Mac. Shares of Freddie rose an additional 78 cents or 19.65% to $4.75 on Wednesday and are up 69% so far this week.

Ford Motor Company (NYSE:F) designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.

 

* On Wednesday River Bend Ford Sales Manager Garet Franklin presented the keys to an F-250 super duty Ford truck to Bainbridge High School Future Farmers of America (FFA). Earlier in the week, Ford Motor Company Fund, the philanthropic arm of Ford Motor Company, donated $90,000 in grant money to the Society of Manufacturing Engineers Education Foundation. More than half of this will serve as scholarship money. F shares fell 9 cents or 2.07% to $4.26.

 

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

 

 

 

 

 


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

Jersey City, NJAugust 27, 2008

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


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

     

Jersey City, NJAugust 26, 2008

 

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

 

 

 

 

 


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

Jersey City, NJAugust 25, 2008

 

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

 

 

 

 

 


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

Jersey City, NJAugust 22, 2008

 

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

 

 

 

 

 


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

Jersey City, NJAugust 21, 2008

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

 

 

 

 

 


Wednesday, August 20, 2008
LocateStock.com Daily High Five For Wednesday August 20, 2008

Jersey City, NJAugust 20, 2008

The LocateStock.com HIGH FIVE for Wednesday, August 20th are:

                       
5 – AMR Corporation – NYSE:AMR

4 – Freddie Mac – NYSE:FRE

3 – Washington Mutual – NYSE:WM

2 – Fannie Mae – NYSE:FNM

1 – Lehman Brothers – NYSE:LEH

 
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 traded mixed Tuesday as oil prices remained steady at just above $112 a barrel. American parent, AMR Corp., closed down Tuesday to lose $1.35 or 11.81% to $10.08.

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.

* In day three of its most recent losing streak, Freddie Mac tumbled 22 cents or 5.01% to $4.17. Freddie issued more five-year notes, but the cost was 113 basis points over Treasuries and more than the previous issuance. Shares of Freddie are down 30% so far this week.

 

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

* Reuters reported that Washington Mutual's debt is likely to remain distressed in the near term on concerns the largest U.S. savings and loan would be challenged to access new capital if it is needed to cover losses from bad mortgage loans. Shares of WaMu fell with other national banks on Tuesday to lose 11 cents or 2.61% to $4.10.

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 mortgage finance giant Fannie Mae tumbled Monday amid renewed fears that shareholders will wind up with nothing if the government intervenes to bail out the troubled company. The Barron's report said the government is likely to buy preferred stock in the companies, wiping out common shareholders. Fannie shares plunged more than 22% on the news and an additional 14 cents or 2.28% to $6.01 on Tuesday.

 

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 second 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 fell an additional $1.96 or 13.04% to $13.07 after falling 7% the day before.

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

 

 

 

 

 


Tuesday, August 19, 2008
LocateStock.com Daily High Five For Tuesday August 19, 2008

Jersey City, NJAugust 19, 2008

The LocateStock.com HIGH FIVE for Tuesday, August 19th are:

                       
5 – Crocs – NASDAQ:CROX

4 – Lehman Brothers – NYSE:LEH

3 – Citigroup – NYSE:C

2 – Freddie Mac – NYSE:FRE

1 – Fannie Mae – NYSE:FNM

 
Crocs, Inc. (NASDAQ:CROX) and its subsidiaries design, develop, and manufacture consumer products from specialty resins worldwide. It offers footwear for men, women, and children under the crocs brand. The company also offers apparel and accessories, including t-shirts, sweatshirts, hats, beanies, and socks.

* The Bill and Melinda Gates Foundation Trust disclosed holding shares of Crocs as of June 30, according to a U.S. regulatory filing on Thursday. In a filing with the Securities and Exchange Commission, the trust disclosed holding 1 million Crocs shares. On Monday, the stock rocketed 64 cents or 13.70% to $5.31.

 

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.

* On Monday, The Wall Street Journal, citing unidentified sources, reported that Lehman Brothers Holdings might surprise Wall Street with weaker-than-expected third-quarter results. Lehman plunged $1.14 or 7.05% to $15.03 on the news.

Citigroup, Inc., (NYSE:C) together with its subsidiaries, provides a range of financial products and services to consumer and corporate customers in the United States and internationally. The company's Global Consumer Group segment offers various banking, lending, insurance, and investment products and services through its branches, automated teller machines (ATMs), and automated lending machines (ALMs), the Internet, telephone, and mail.

* Citigroup on Monday cut its target for both the S&P and the Dow 5%. Citi's projections still have both indexes gaining 12% from here to a 13,250 Dow and the S&P up to 1,475, buoyant viewpoints considering the pessimism regarding earnings. Shares of C lost 93 cents or 5.01% to $17.61 on the news.

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 mortgage finance giant Freddie Mac tumbled Monday amid renewed fears that shareholders will wind up with nothing if the government intervenes to bail out the troubled company. The Barron's report said the government is likely to buy preferred stock in the companies, wiping out common shareholders. Shares of Freddie lost $1.46 or 24.96% to $4.39 on Monday.

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 mortgage finance giant Fannie Mae tumbled Monday amid renewed fears that shareholders will wind up with nothing if the government intervenes to bail out the troubled company. The Barron's report said the government is likely to buy preferred stock in the companies, wiping out common shareholders. Fannie shares plunged $1.76 or 22.25% to $6.15 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

 

 

 

 

 


Monday, August 18, 2008
LocateStock.com Daily High Five For Monday August 18, 2008

Jersey City, NJAugust 18, 2008

The LocateStock.com HIGH FIVE for Monday, August  18th are:

                       
5 – General Motors – NYSE:GM

4 – Lehman Brothers – NYSE:LEH

3 – CAM Commerce Solutions – NASDAQ:CADA

2 – SunPower Corporation – NASDAQ:SPWR

1 – Ambak – NYSE:ABK

 

General Motors Corporation (NYSE:GM) and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide. It offers small, midsize, sports, and luxury cars; and pickup, van, utilities, and medium duty trucks.

 

* General Motors said Friday it will announce a multimillion-dollar investment next week in its Lordstown, Ohio plant and also unveil the first photos of the Chevy Cruze, its next step at competing in the red-hot small-car segment. Also, over the weekend, GM pulled out of its longtime sponsorship of the Academy Awards, one of the biggest annual events on broadcast television. Shares of GM lost 17 cents or 1.50% to $11.18 on the news.

 

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.

* On Friday it was reported that Lehman Brothers is in talks with potential buyers over the sale of its $40bn portfolio of commercial real estate assets and securities in an effort to replenish its balance sheet. Shares of LEH finished flat, falling 3 cents or .19% to $16.17.

CAM Commerce Solutions, Inc. (NASDAQ:CADA) provides commerce solutions for small to medium size, traditional retailers and Web retailers. The Company offers retailing systems consisting of software, hardware, installation, training, technical support services and Web hosting services.

* CAM Commerce Solutions disclosed last Thursday that the company's acquisition by an affiliate of private equity investment firm Great Hill Partners LLC (GHP) has been completed. Stockholders of CAM Commerce representing 3,058,046 shares have adopted the Agreement and Plan of Merger that was agreed between CAM Commerce and two affiliates of GHP: Vegas Holding Corp and Vegas Merger Sub Inc. Shares of CADA finished flat, at $40.47, on their last day of trading Friday.

SunPower Corporation (NASDAQ:SPWR) engages in the design, development, manufacture, and marketing of solar electric power products primarily in the United States, Germany, and Asia. It offers solar cells, solar panels, and inverters, which convert sunlight to electricity compatible with the utility network for residential and commercial applications.

* Shares of SunPower soared more than 20% Friday, a day after the solar-panel maker announced a joint power project with Pacific Gas and Electric. Shares of the company rose $13.95 or 17.75% to $92.52 on the news.

Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.

* Shares of Ambac rallied on Friday as Standard & Poor's lifted its negative credit watch designation. While it kept its negative outlook for the company, S&P's move means it now only sees a one-in-three chance the stock will be downgraded, vs. a 50% chance previously. Investors grabbed onto the positive turn and pushed the stock up $1.12 or 24.56% to $5.68.

 

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

 

 

 

 

 


Friday, August 1, 2008
LocateStock.com Daily High Five For Friday August 1, 2008

Jersey City, NJAugust 1, 2008

The LocateStock.com HIGH FIVE for Friday, August 1st are:

                       
5 – Citigroup – NYSE:C

4 – Lehman Brothers – NYSE:LEH

3 – Merrill Lynch – NYSE:MER

2 – Bank of America – NYSE:BAC

1 – Washington Mutual – NYSE:WM

 

Citigroup, Inc., (NYSE:C) together with its subsidiaries, provides a range of financial products and services to consumer and corporate customers in the United States and internationally. The company's Global Consumer Group segment offers various banking, lending, insurance, and investment products and services through its branches, automated teller machines (ATMs), and automated lending machines (ALMs), the Internet, telephone, and mail.

 

* Financial stocks were mixed Thursday as the broader market fluctuated on troubling economic data and a report showing the number of jobless claims spiked to its highest level in five years. A report issued by Oppenheimer analyst Meredith Whitney said she rates Citigroup shares at "Underperform." Shares rose 20 cents or 1.08% to $18.69 and are up more than 7% on the 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.

* Shares of most investment banks mostly fell Thursday afternoon along with declines in the Dow Jones Industrials average amid data showing the broader economy remains weak. The Commerce Department reported a weaker-than-expected 1.9% gain in GDP for the second quarter, while economists were expecting 2.4% GDP growth. Lehman shares dropped too, losing 89 cents or 4.88% to $17.34 on the NYSE.

Merrill Lynch & Co., Inc., (NYSE:MER) together with its subsidiaries, provides investment, financing, insurance, and related services to individuals and institutions worldwide. It's Global Markets and Investment Banking segment offers various global market services, which facilitate client transactions and markets in securities, derivatives, currencies, commodities, and other financial instruments for clients; provides financing, securities clearing, settlement, and custody services; and engages in principal and private equity investing and proprietary trading activities.

* The latest investment by Singapore sovereign-wealth fund Temasek in Merrill Lynch could lift its stake to more than 10%, triggering the need for regulatory approval and reigniting debate about foreign ownership of U.S. financial firms. Shares of MER fell 26 cents or .97% to $26.65 but are still up on the week.

Bank of America Corporation, (NYSE:BAC) a financial holding company, provides a range of banking and nonbanking financial services and products in the United States and internationally. The company's Global Consumer and Small Business Banking segment offers savings accounts, money market savings accounts, certificate of deposits, individual retirement accounts, regular and interest-checking accounts, and debit cards; U.S. Consumer and Business Card, unsecured lending, and international card; consumer real estate products, including mortgage products for home purchase and refinancing, reverse mortgage products, and home equity products; and insurance services.

* Financial stocks were mixed Thursday as the broader market fluctuated on troubling economic data and a report showing the number of jobless claims spiked to its highest level in five years. Bank of America was among banks that Oppenheimer analyst Meredith Whitney rates as "Perform." Shares slipped 71 cents or 2.11% to $32.90 on the news. The stock is up more than 17% on the week.

Washington Mutual, Inc., (NYSE:WM) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.

 

* Washington Mutual shares jumped 12.45% on Thursday after financial-services hedge fund Toscafund Asset Management disclosed a 6% stake in the nation's largest thrift. The stock rocketed 59 cents to $5.33 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