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Jersey City, NJ – July 30, 2008
The LocateStock HIGH FIVE for Wednesday, July 30th are:
5 – Fannie Mae – NYSE:FNM
4 – Citigroup – NYSE:C
3 – Lehman Brothers – NYSE:LEH
2 – Bank of America – NYSE:BAC
1 – Merrill Lynch – NYSE:MER
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 shares rose with the broader market on Tuesday after initially starting the week off in the red upon Congress approved a housing-rescue bill over the weekend. On Saturday, the Senate passed housing rescue legislation aimed at helping struggling homeowners avoid foreclosure and providing financial support to troubled mortgage giants Fannie and Freddie. Shares of FNM surged $1.29... Read More » By High 5 Blogger on 7/30/2008 9:21 AM |
Jersey City, NJ – July 29, 2008
The LocateStock HIGH FIVE for Tuesday, July 29th are:
5 – Fannie Mae – NYSE:FNM
4 – Citigroup – NYSE:C
3 – Lehman Brothers – NYSE:LEH
2 – Bank of America – NYSE:BAC
1 – Merrill Lynch – NYSE:MER
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 shares rose with the broader market on Tuesday after initially starting the week off in the red after Congress approved a housing-rescue bill over the weekend. On Saturday, the Senate passed housing rescue legislation aimed at helping struggling homeowners avoid foreclosure and providing financial support to troubled mortgage giants Fannie and Freddie. Shares of FNM surged $1.29... Read More » By High 5 Blogger on 7/29/2008 9:20 AM |
Jersey City, NJ – July 25, 2008
The LocateStock HIGH FIVE for Monday, July 28th are:
5 – Wachovia Corp. – NYSE:WB
4 – Citigroup – NYSE:C
3 – Fannie Mae – NYSE:FNM
2 – Bank of America – NYSE:BAC
1 – Freddie Mac – NYSE:FRE
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.
* Last Tuesday, the same day that Wachovia announced an astonishing second-quarter loss of $8.9 billion, the company’s President and CEO Robert Steel, purchased one million shares for $16.1 million, an average of $16.24 a share. Steel, who took over the top spot July 9, now owns three million shares of the bank’s stock. Wachovia shares fell $1.19 or 7.58% to $14.50 on Friday but ended the week... Read More » By High 5 Blogger on 7/28/2008 9:19 AM |
Jersey City, NJ – July 25, 2008
The LocateStock HIGH FIVE for Friday, July 25th are:
5 – Lehman Brothers – NYSE:LEH
4 – Fannie Mae – NYSE:FNM
3 – Citigroup – NYSE:C
2 – Freddie Mac – NYSE:FRE
1 – Bank of America – NYSE:BAC
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 investment banks including Lehman, fell Thursday along with the broader market after a new report from the National Association of Realtors showed steeper-than-expected declines in sales of existing homes in June. In other news, the city of Los Angeles sued more than 30 municipal bond insurers and Wall Street investment banks, including Lehman, accusing them of fraud and antitrust that it said cost taxpayers millions... Read More » By High 5 Blogger on 7/25/2008 9:18 AM |
Jersey City, NJ – July 24, 2008
The LocateStock HIGH FIVE for Thursday, July 24th are:
5 – Citigroup – NYSE:C
4 – Fannie Mae – NYSE:FNM
3 – Freddie Mac – NYSE:FRE
2 – Wachovia Corporation – NYSE:WB
1 – Bank of America – NYSE:BAC
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’s CFO Gary Crittenden said on Wednesday that there are no plans to split the company up because of credit-related problems and that its capital levels remain strong. Crittenden, speaking on a conference call with fixed-income investors, told investors that Citi managers "have no intention... Read More » By High 5 Blogger on 7/24/2008 9:17 AM |
Jersey City, NJ – July 23, 2008
The LocateStock HIGH FIVE for Wednesday, July 23rd are:
5 – UAL Corporation – NASDAQ:UAUA
4 – Wachovia Corporation – NYSE:WB
3 – Fannie Mae – NYSE:FNM
2 – Freddie Mac – NYSE:FRE
1 – Bank of America – NYSE:BAC
UAL Corporation (NASDAQ:UAUA) offers air transportation services. The company, through its subsidiary, United Air Lines, Inc., provides transportation of persons, property, and mail in the United States and internationally.
* United Airlines posted big losses Tuesday, though its stock surged 68.54% as the company beat Wall Street earnings estimates. United Airlines parents, UAL Corp. said it lost $2.73 billion, or $21.47 per diluted share, in the second quarter. Most of the loss stems from $2.6 billion in accounting charges. Shares of UAUA rose $3.42 to $8.41.
Wachovia Corporation, (NYSE:WB) a financial holding company, provides commercial and retail banking services, and other financial services in the United... Read More » By High 5 Blogger on 7/23/2008 9:17 AM |
Jersey City, NJ – July 22, 2008
The LocateStock HIGH FIVE for Tuesday, July 22nd are:
5 – Citigroup – NYSE:C
4 – Lehman Brothers – NYSE:LEH
3 – Freddie Mac – NYSE:FRE
2 – Bank of America – NYSE:BAC
1 – Fannie Mae – NYSE:FNM
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 declared a quarterly dividend on the company’s common stock of 32 cents per share, payable on August 22, 2008, to stockholders of record on August 4, 2008. Shares of C rose 34 cents or 1.76% to $19.69 on the news.
Lehman Brothers Holdings, Inc., (NYSE:LEH) through its subsidiaries,... Read More » By High 5 Blogger on 7/22/2008 9:16 AM |
Jersey City, NJ – July 21, 2008
The LocateStock HIGH FIVE for Monday, July 21st are:
5 – Citigroup – NYSE:C
4 – Washington Mutual – NYSE:WM
3 – Lehman Brothers – NYSE:LEH
2 – Freddie Mac – NYSE:FRE
1 – Fannie Mae – NYSE:FNM
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 has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion second-quarter loss on Friday that was smaller than expected. Shares of C rose $1.38 or 7.68% to $19.35 on the news.
Washington Mutual, Inc., (NYSE:WM) together... Read More » By High 5 Blogger on 7/21/2008 9:15 AM |
Jersey City, NJ – July 18, 2008
The LocateStock HIGH FIVE for Friday, July 18th are:
5 – Washington Mutual – NYSE:WM
4 – JP Morgan Chase – NYSE:JPM
3 – Freddie Mac – NYSE:FRE
2 – Lehman Brothers – NYSE:LEH
1 – Fannie Mae – NYSE:FNM
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.
* Shares of national bank Washington Mutual rose sharply Wednesday, getting a boost from better-than-expected earnings results at Wells Fargo and a significant rise in the broader market. Washington Mutual shares continued their rally on Thursday, gaining 46 cents or 10.15% to $4.99 after rocketing more than 25% the day before.
JP Morgan Chase & Co., (NYSE:JPM) a financial holding company, provides a range of financial services worldwide. The company operates through... Read More » By High 5 Blogger on 7/18/2008 9:15 AM |
Jersey City, NJ – July 17, 2008
The LocateStock HIGH FIVE for Thursday, July 17th are:
5 – National City – NYSE:NCC
4 – Washington Mutual – NYSE:WM
3 – Freddie Mac – NYSE:FRE
2 – Fannie Mae – NYSE:FNM
1 – Lehman Brothers – NYSE:LEH
National City Corporation, (NYSE:NCC) a financial holding company, provides commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management services in the United States. Its retail banking services include deposit gathering and direct lending services, business banking services, education finance, retail brokerage, and lending-related insurance services to consumers and small businesses.
* Regional bank shares advanced Wednesday, in line with the broader market, as Wells Fargo & Co.'s milder-than-expected second-quarter loss and decision to boost its dividend instilled some confidence in the sector. Among the gainers was National City which rose 80 cents or 22.22% to $4.40 on Wednesday.
... Read More » By High 5 Blogger on 7/17/2008 9:14 AM |
Jersey City, NJ – July 16, 2008
The LocateStock HIGH FIVE for Wednesday, July 16th are:
5 – General Motors – NYSE:GM
4 – Lehman Brothers – NYSE:LEH
3 – Washington Mutual – NYSE:WM
2 – Freddie Mac – NYSE:FRE
1 – Fannie Mae – NYSE:FNM
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.
* GM listed a slew of measures on Tuesday aimed at cutting costs and raising capital by $15 billion. The measures lifted the stock up 4.9% to lead Dow components. GM shares rose 46 cents to $9.84 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,... Read More » By High 5 Blogger on 7/16/2008 9:13 AM |
Jersey City, NJ – July 15, 2008
The LocateStock HIGH FIVE for Tuesday, July 15th are:
5 – Washington Mutual – NYSE:WM
4 – National City – NYSE:NCC
3 – VirnetX Holding Corp. – AMEX:VHC
2 – Freddie Mac – NYSE:FRE
1 – Fannie Mae – NYSE:FNM
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 could suffer its biggest-ever share price drop since the company went public in March 1983. The Seattle-based company saw its stock crash to a new low of $3.03 on Monday. The second-highest price drop was on October 19, 1987, when the stock sank almost 18%. Shares of WM closed down $1.72 or 34.75% to $3.23 on Monday.
National City Corporation, (NYSE:NCC) a financial holding company, provides commercial and retail banking, mortgage financing... Read More » By High 5 Blogger on 7/15/2008 9:12 AM |
Jersey City, NJ – July 14, 2008
The LocateStock HIGH FIVE for Monday, July 14th are:
5 – Diamond Management – NASDAQ:DTPI
4 – Companhia Vale – NYSE:RIO
3 – VirnetX Holding Corp. – AMEX:VHC
2 – Fannie Mae – NYSE:FNM
1 – Freddie Mac – NYSE:FRE
Diamond Management & Technology Consultants, Inc. (NASDAQ:DTPI) provides management and technology consulting services worldwide. It offers skills in strategy, technology, and program management.
* Last Thursday, Diamond Management & Technology, a premier global management and technology consulting firm, announced preliminary financial results for its first quarter of fiscal year 2009 (ended June 30, 2008). The Company currently expects first quarter net revenue to be in the range of $38.2 million to $38.8 million and GAAP earnings per diluted share of $0.02 to $0.03. Shares of DTPI rocketed $1.19 or 26.98% to $5.60 the following day.
Companhia Vale do Rio Doce (Vale) (NYSE:RIO) is a metals and mining company.... Read More » By High 5 Blogger on 7/14/2008 9:11 AM |
Jersey City, NJ – July 11, 2008
The LocateStock HIGH FIVE for Friday, July 11th are:
5 – Ford – NYSE:F
4 – UAL Corp. – NASDAQ:UAUA
3 – General Motors – NYSE:GM
2 – Companhia Vale – NYSE:RIO
1 – VirnetX Holding Corp. – AMEX:VHC
Ford Motor Company (NYSE:F) designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.
* Ford Motor Company researchers on Thursday unveiled one of the first privately funded "smart intersections" in North America, a key step toward leveraging GPS technology and wireless infrastructure-to-vehicle communications to reduce traffic accidents and ease congestion. Meanwhile, shares of General Motors slid to another record low as speculation swirled about a possible bankruptcy filing. Shares of F plunged 37 cents or 7.47% to $4.58 on Thursday.
UAL Corporation (NASDAQ:UAUA) offers air transportation services. The company, through its subsidiary, United Air... Read More » By High 5 Blogger on 7/11/2008 9:10 AM |
Jersey City, NJ – July 10, 2008
The LocateStock HIGH FIVE for Thursday, July 10th are:
5 – MBIA – NYSE:MBI
4 – National City Corporation – NYSE:NCC
3 – Washington Mutual – NYSE:WM
2 – ENER1 – AMEX:HEV
1 – VirnetX Holding Corp. – AMEX:VHC
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.
* Bond insurer MBIA said Wednesday its insurance subsidiary received approval from the New York State Insurance Department to pay interest on surplus notes it issued earlier in the year. The interest payment is scheduled for July 15. Shares of MBI plunged 61 cents or 12.82% to $4.15 on the news.
National City Corporation, (NYSE:NCC) a financial holding company, provides commercial... Read More » By High 5 Blogger on 7/10/2008 9:10 AM |
Jersey City, NJ – July 9, 2008
The LocateStock HIGH FIVE for Wednesday, July 9th are:
5 – General Motors – NYSE:GM
4 – Ford – NYSE:F
3 – Chesapeake Energy – NYSE:CHK
2 – VMware – NYSE:VMW
1 – VirnetX Holding Corp. – AMEX:VHC
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 reported Tuesday that Chinese sales for the first half of 2008 have grown. GM said sales of its Buick, Chevrolet and Cadillac brands rose 12.7% to 590,126 vehicles in China. Shares of GM rose 54 cents or 5.27% to $10.78 on the news.
Ford Motor Company (NYSE:F) designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.
* Ford reported Tuesday that Chinese sales for the first... Read More » By High 5 Blogger on 7/9/2008 9:09 AM |
Jersey City, NJ – July 8, 2008
The LocateStock HIGH FIVE for Tuesday, July 8th are:
5 – Crocs – NASDAQ:CROX
4 – Doral Financial – NYSE:DRL
3 – DineEquity – NYSE:DIN
2 – VirnetX Holding Corp. – AMEX:VHC
1 – Popular Inc. – NASDAQ:BPOP
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.
* Roanoke Asset Management completely dumped all 67,500 shares they owned of Crocs as shown by filings made public on 2008-07-02. The stock is currently owned by 459 funds/institutions, with 44.73% of owning funds reported recently buying shares, 9.25 % maintaining existing share level and 46.01% selling shares. Shares of CROX lost 51 cents or 6.87% to $6.91 on Monday.
Doral Financial Corporation, (NYSE:DRL) through... Read More » By High 5 Blogger on 7/8/2008 9:08 AM |
Jersey City, NJ – July 7, 2008
The LocateStock HIGH FIVE for Monday, July 7th are:
5 – DineEquity – NYSE:DIN
4 – General Motors – NYSE:GM
3 – International Coal Group – NYSE:ICO
2 – VirnetX Holding Corp. – AMEX:VHC
1 – Popular Inc. – NASDAQ:BPOP
DineEquity, Inc. (NYSE:DIN) develops, franchises, and operates full-service restaurants in the United States and internationally under the Applebee's Neighborhood Grill & Bar (Applebee's) and International House of Pancakes (IHOP) brands. It owns and operates two restaurant concepts in the casual dining and family dining niches, which include Applebee's Neighborhood Grill and Bar or Applebee's; and International House of Pancakes or IHOP.
* DineEquity said last Tuesday that it completed the sale of 26 company-operated Applebee's restaurants in Southern California in a move to help pay down debt. DineEquity sold the restaurants to Apple American Group for $27 million. The proceeds will be used to reduce the company's... Read More » By High 5 Blogger on 7/7/2008 9:07 AM |
Jersey City, NJ – July 3, 2008
The LocateStock HIGH FIVE for Thursday, July 3rd are:
5 – GMX Resources – NASDAQ:GMXR
4 – Ford– NYSE:F
3 – International Coal Group – NYSE:ICO
2 – General Motors – NYSE:GM
1 – VirnetX Holding Corp. – NYSE:VHC
GMX Resources, Inc., (NASDAQ:GMXR) together with its subsidiaries, engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas in Texas, Louisiana, and New Mexico. The company's drilling, development, and production activities primarily focus on the Cotton Valley Sands in the Sabine Uplift of the Carthage, North Field of Harrison and Panola counties of east Texas.
* As per CNBC’s ‘Million Dollar Portfolio Challenge,’ if you bought GMXR on Monday before 4pET and held/sold on Tuesday, you lost -7.64%. Shares of GMX Resources gained $1.82 or 2.29% to $81.21 on Wednesday.
Ford Motor Company (NYSE:F) designs, develops, manufactures, and services cars and trucks... Read More » By High 5 Blogger on 7/3/2008 9:06 AM |
Jersey City, NJ – July 2, 2008
The LocateStock HIGH FIVE for Wednesday, July 2nd are:
5 – CompuCredit – NASDAQ:CCRT
4 – DryShips – NASDAQ:DRYS
3 – General Motors – NYSE:GM
2 – VirnetX Holding Corp. – NYSE:VHC
1 – Ford– NYSE:F
CompuCredit Corporation (NASDAQ:CCRT) provides credit and related financial services and products to underserved consumer credit market. It operates in four segments: Credit Cards, Investments in Previously Charged-Off Receivables, Retail Micro-Loans, and Auto Finance.
* Wachovia downgraded CompuCredit to “underperform” last Friday. Shares of CCRT gained 8 cents or 1.33% to $6.08 on Tuesday.
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.
* In CNBC’s lightning round on Tuesday DryShips was called Cramer’s favorite name in the... Read More » By High 5 Blogger on 7/2/2008 9:06 AM |
Jersey City, NJ – July 1, 2008
The LocateStock HIGH FIVE for Tuesday, July 1st are:
5 – Doral Financial – NYSE:DRL
4 – Ford– NYSE:F
3 – DineEquity – NYSE:DIN
2 – VirnetX Holding Corp. – NYSE:VHC
1 – Countrywide Financial – NYSE:CFC
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.
* Doral Financial filed a Form 8-K regarding a change in directors or principal officers. Effective June 23, 2008, Doral Financial Corporation appointed Mr. Gerard L. Smith as a member of the Company's Board of Directors. Shares of DRL plummeted $1.39 or 9.31% to $13.54 on Monday.
Ford Motor Company (NYSE:F) designs, develops, manufactures, and services cars and trucks worldwide. It operates in two sectors, Automotive and Financial Services.
* Business Week... Read More » By High 5 Blogger on 7/1/2008 9:04 AM |
Jersey City, NJ – June 30, 2008
The LocateStock HIGH FIVE for Monday, June 30th are:
5 – DineEquity – NYSE:DIN
4 – MoneyGram International – NYSE:MGI
3 – VirnetX Holding Corp. – NYSE:VHC
2 – General Steel– NYSE:GSI
1 – E*TRADE Financial – NASDAQ:ETFC
DineEquity, Inc. (NYSE:DIN) develops, franchises, and operates full-service restaurants in the United States and internationally under the Applebee's Neighborhood Grill & Bar (Applebee's) and International House of Pancakes (IHOP) brands. It owns and operates two restaurant concepts in the casual dining and family dining niches, which include Applebee's Neighborhood Grill and Bar or Applebee's; and International House of Pancakes or IHOP.
* DineEquity kicks off the HIGH FIVE on Monday after falling $1.92 or 4.99% to $36.52 last Friday.
MoneyGram International, Inc., (NYSE:MGI) through its subsidiaries, provides payment services. It operates through two segments, Global Funds Transfer and Payment Systems.
... Read More » By High 5 Blogger on 6/30/2008 9:04 AM |
| Author: | Daily High 5 Blogger | Created: | 10/22/2009 8:45 AM |  | | The daily HIGH 5 stocks are determined by LocateStock'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. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO. |
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