News Topic - Freddie Mac
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Before the Bell: Freddie Mac, Citigroup, Nokia, Sun Microsystems in focus
U.S. stock market futures traded lower Friday on doubts that the big gains seen in the previous session can be sustained, with a $25 billion loss for Freddie Mac, a record drop in retail sales and a warning from Nokia Corp in focus.
MarketWatch.com – Nov 14, 2008 1:38 PM [GMT] – comment?
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U.S. stock market futures traded lower Friday on doubts that the big gains seen in the previous session can be sustained, with a $25 billion loss for Freddie Mac, a record drop in retail sales and a warning from Nokia Corp in focus.
MarketWatch.com – Nov 14, 2008 1:38 PM [GMT] – comment?
found in Business
Freddie Mac asks for $13.8 billion after massive loss
The third-quarter net loss widened to $25.3 billion, or $19.44 a share, the McLean, Virginia-based Freddie said in a regulatory filing Friday.
International Herald Tribune – Nov 14, 2008 1:34 PM [GMT] – comment?
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The third-quarter net loss widened to $25.3 billion, or $19.44 a share, the McLean, Virginia-based Freddie said in a regulatory filing Friday.
International Herald Tribune – Nov 14, 2008 1:34 PM [GMT] – comment?
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Freddie Mac Lost $25.3 Billion in Quarter
The mortgage finance giant, now under government conservatorship, recorded the loss as it wrote down a tax-related asset that had buoyed its capital and the housing slump worsened.
New York Times – Nov 14, 2008 1:33 PM [GMT] – comment?
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The mortgage finance giant, now under government conservatorship, recorded the loss as it wrote down a tax-related asset that had buoyed its capital and the housing slump worsened.
New York Times – Nov 14, 2008 1:33 PM [GMT] – comment?
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Freddie's Loss Balloons
Freddie Mac posted a $25.3 billion loss on surging investment and credit losses, and the mortgage giant said it expects an initial infusion of $13.8 billion from Treasury by month's end.
Wall Street Journal – Nov 14, 2008 1:26 PM [GMT] – comment?
found in Business: Markets
Freddie Mac posted a $25.3 billion loss on surging investment and credit losses, and the mortgage giant said it expects an initial infusion of $13.8 billion from Treasury by month's end.
Wall Street Journal – Nov 14, 2008 1:26 PM [GMT] – comment?
found in Business: Markets
Freddie: $25B loss, taps tax dollarsEmbattled mortgage finance firm Freddie Mac reported Friday a $25 billion quarterly loss that will force it to start tapping into the $100 billion in taxpayer funds set aside for its bailout.
CNNMoney.com – Nov 14, 2008 1:26 PM [GMT] – comment?
found in Business: Companies
Freddie Posts $25.3B Loss, Seeks Federal Aid
Mortgage finance company Freddie Mac says it is asking the government for $13.8 billion in aid after posting a $25.3 billion loss in the third quarter.
TheStreet.com – Nov 14, 2008 1:24 PM [GMT] – comment?
found in Business: Investing
Mortgage finance company Freddie Mac says it is asking the government for $13.8 billion in aid after posting a $25.3 billion loss in the third quarter.
TheStreet.com – Nov 14, 2008 1:24 PM [GMT] – comment?
found in Business: Investing
Freddie Mac Releases Third Quarter 2008 Financial Results
Read full story for latest details.
PR Newswire – Nov 14, 2008 1:09 PM [GMT] – comment?
found in Top Stories: Press Releases
Read full story for latest details.
PR Newswire – Nov 14, 2008 1:09 PM [GMT] – comment?
found in Top Stories: Press Releases
Freddie Mac posts huge lossReuters - Freddie Mac reported on Friday a third-quarter net loss of $25.3 billion. Highlights:
Yahoo! – Nov 14, 2008 1:00 PM [GMT] – comment?
found in Business: Real Estate
Freddie Mac posts $25 bln loss; expects $14 bln payment
NEW YORK (MarketWatch) -- Freddie Mac said Friday its third-quarter loss increased by more than 20 times to $25.3 billion, or $19.44 a share in the three months ended Sept. 30, compared to $1.2 billion, or $2.07 a share in the year-ago period. Third-quarter results were driven primarily by a non-cas ... more »
MarketWatch.com – Nov 14, 2008 12:54 PM [GMT] – comment?
found in Business: Markets
NEW YORK (MarketWatch) -- Freddie Mac said Friday its third-quarter loss increased by more than 20 times to $25.3 billion, or $19.44 a share in the three months ended Sept. 30, compared to $1.2 billion, or $2.07 a share in the year-ago period. Third-quarter results were driven primarily by a non-cas ... more »
MarketWatch.com – Nov 14, 2008 12:54 PM [GMT] – comment?
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Aid to Fannie, Freddie May Top Expectations
The first of the Bush administration's major financial takeovers, the seizure of Fannie Mae and Freddie Mac, is poised to get more expensive and some analysts are warning it may ultimately cost more than the government has suggested.
Washington Post – Nov 14, 2008 05:00 AM [GMT] – comment?
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The first of the Bush administration's major financial takeovers, the seizure of Fannie Mae and Freddie Mac, is poised to get more expensive and some analysts are warning it may ultimately cost more than the government has suggested.
Washington Post – Nov 14, 2008 05:00 AM [GMT] – comment?
found in Business