Kolkata, West Bengal -- (SBWIRE) -- 09/23/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on ArcelorMittal (ADR) (NYSE:MT), Federal National Mortgage Association(OTC:FNMA), Alternative Energy Partners Inc (OTCBB:AEGY).
ArcelorMittal (ADR) (NYSE:MT) stock declined 3.64% to $14.02. The company has published on August 5 its Half-Year Report for the six month period ended 30 June, 2013 ("HY Report"). As a result of the adoption and early adoption of new IFRS accounting standards as of 1 January 2013 in accordance with IFRS as issued by the International Accounting Standards Board and as adopted by the European Union, the HY Report also contains recast financial information at 31 December 2012 and for the year ended 31 December 2012 to reflect the retrospective application of the new standards whenever applicable.
Should Investors Buy MT After Yesterday’s Jump? Find Out Here
Federal National Mortgage Association(OTC:FNMA) shares gained 6.40% and closed at $1.33. The company on Sept. 20 priced its eighth Multifamily DUS® REMIC in 2013 totaling $1.09 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on September 13, 2013. All classes of FNA 2013-M12 are guaranteed by Fannie Mae with respect to the full and timely payment of interest and principal.
Additionally, the company on Sept. 4 said it is starting to prepare investors for the first transaction in which the firm would share the risk of homeowner defaults with bond buyers. Executives at Washington-based Fannie Mae (FNMA), which bought or guaranteed $468 billion of residential mortgages in the first half of the year, will discuss its credit-risk management practices on an invitation-only web conference for investors that was set to start at 12:30 p.m. today, according to an online posting.
Is FNMA A Good Buy After The Recent Price Movement? Find Out Here
Alternative Energy Partners Inc (OTCBB:AEGY) stock closed at $0.0012. The company on Sept. 17 announces that it has launched the beta version of its website for delivery of medical marijuana products at http://www.pharmajanes.com/. The site is currently under construction and will continue to be developed before its functioning launch. The company clarified that although a user can go through the entire ordering process on this beta site, orders may not be placed or fulfilled at this time. The Company welcomes feedback and suggestions from investors and prospective users of the final site. Presently, the PharmaJanes beta platform is only available online, with the mobile application to follow after the official launch of the online platform.
Is AEGY A Good Buy After The Recent Price Movement? Find Out Here
Specialpennystockalert.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. Specialpennystockalert.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
The assembled information disseminated by Specialpennystockalert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Specialpennystockalert.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)