Orlando, FL -- (SBWIRE) -- 09/20/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Federal Home Loan Mortgage Corp(OTC:FMCC), Pier 1 Imports Inc (NYSE:PIR).
Federal Home Loan Mortgage Corp(OTC:FMCC) shares climbed 6.19% and closed at $1.20. The company on Sept. 19 announced that it auctioned a $500 million reopening of its .875% three-year USD Reference Notes® security that matures on October 14, 2016. The stop yield for the issue, CUSIP 3137EADS5, was .825%, priced at 100.150746, or approximately 14.6 basis points more than three-year U.S. Treasury Notes. The bid-to-cover ratio was 6.50 to 1.
After the reopening, which was conducted via an Internet-based auction, the outstanding size of the .875% three-year Reference Notes security will be $3.5 billion.
Are investors worried about the recent updates with FMCC? Find out with a free trend analysis HERE
Pier 1 Imports Inc (NYSE:PIR) shares declined 13.86% to $20.33. The company on Sept. 19 reported financial results for the 13-week and 26-week periods ended August 31, 2013. For the second quarter ended August 31, 2013, the Company reported net income of $17.8 million, or $0.17 per share, compared to $26.2 million, or $0.24 per share a year ago. Adjusted net income was $20.7 million, or adjusted earnings per share of $0.19. Total sales for the second quarter were $395.6 million, a 7.6% increase versus $367.6 million in the year-ago quarter.
Is PIR going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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