Sector Watch: Good, Bad & Ugly
Education: Good sector Shares of ITT Educational Services Inc (ESI) lifted educational stocks on Thursday after the company reported fourth-quarter earnings of $1.61 a share on revenue of $279.8 million, above Wall St estimates of $1.44 a share and $270.7 million in revenue. Shares rose nearly 11 percent to $126,73. Fellow education provider DeVry Inc [...]
Interesting Updates From The Market
Morgan Stanley, Goldman Search for Deposits Goldman Sachs, Morgan Stanley: Playing It Safer Blame Fannie Mae and Congress For the Credit Mess Fannie Mae to sell $2 billion bills Wednesday WaMu Deal Could Take Time Holiday sales set for worst gain in 6 years Gold Futures Extend Gains on Demand for Haven; Silver Advances Microsoft [...]
Interesting Stories That You Missed – 2
Over the past few days i came across some interesting news/facts which deserves some limelight. Fannie & Freddie Help OutGovernment-backed mortgage finance companies Fannie Mae (FNM) and Freddie Mac (FRE) will help out struggling mortgage holders to avoid foreclosures. Fannie Mae has planned to give borrowers the option of refinancing out of adjustable loans especially [...]