New 52-week Low for SuperMedia, Duoyuan Global, and Fannie Mae

52-Week Lows

Case of the Monday's for shares of SuperMedia Inc. (NASDAQ:SPMD), Duoyuan Global Water Inc. (NYSE:DGW), and Fannie Mae (NYSE:FNM) -- all three companies have hit new 52-week lows.

Fannie and Freddie Shares Jump 7%

Freddie (NYSE:FRE) and Fannie (NYSE:FNM)

Shares of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are up 7% today after taking a massive beating last week.  Today Freddie shares are at 50 cents and Fannie are at 44 cents.

Freddie Mac and Fannie Mae Bill Now at $145 Billion

Freddie (NYSE:FRE) and Fannie (NYSE:FNM)

Both Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) shares gained 3.88% today despite being tagged with the most expensive taxpayer bill ever to be bailed out by the U.S. Government.

News: Goldman Sachs, Fannie Mae, and Royal Bank of Scotland (NYSE:RBS),(NYSE:FNM),(NYSE:GS)


Goldman Sachs provided a more detailed view of its legal troubles Monday, acknowledging it faces a series of government probes over some of its business dealings. 

In the News: Bunge (NYSE:BG), Ambac Financial (NYSE:ABK), and Fannie Mae (NYSE:FNM)


Shares of Bunge (NYSE:BG) have been falling for more than two weeks, but the big option trade yesterday was bullish.

Tim Geithner on Bloomberg (NYSE:FRE),(NYSE:FNM)

Freddie (NYSE:FRE) and Fannie (NYSE:FNM)
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Today (April 2nd) Treasury Secretary Timothy Geithner talked with Bloomberg's Peter Cook about the outlook for the U.S. economy and touched on Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM).  Geithner said the U.S. economy is showing signs of entering a period of sustainable growth as companies begin to hire.

Fannie-Freddie Hit with New Record Delinquencies (NYSE:FNM),(NYSE:FRE)


The burst of the housing bubble hit Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) has as their stock values are approaching penny-stock levels.  The bad news seems to keep rolling in for the financial lending firms too.

Fannie-Freddie Fear ARM Resets (NYSE:FNM),(NYSE:FRE)


Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) appear to have extended their Home Affordable Refinance Program (HARP) because of upcoming option ARMs that will either reset or recast between 2010 and 2012.  The latest outlook is for $1 trillion to be reset/recast in the next few years.

Fannie Mae Continues to Burn through Cash (FNM)


Fannie Mae (NYSE:FNM) continues to burn through cash like a forest fire gone wild, to the tune of $16 billion per quarter.  Shares of Fannie are down a penny today and are trading at 98 cents per share.

Fannie Mae Needs More Aid (NYSE:FNM)


It seems that all the government aid provided to Fannie Mae (NYSE:FNM) still is not quite enough.  The $60B provided to date is going to need another subsidy and the bailout is turning out to be quite expensive.  Fannie is going to need another $15B in federal assistance.

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