Orlando, FL -- (SBWIRE) -- 10/15/2013 -- 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 National Bank of Greece (ADR)(NYSE:NBG), Federal National Mortgage Association(OTC:FNMA).
National Bank of Greece (ADR)(NYSE:NBG) shares gained 5.77% to $5.13. The 52 week trading range for the company is $2.85 - $32.50. The company is a Greece-based financial institution. It offers a range of integrated financial services, including corporate and investment banking, retail banking (including mortgage lending), leasing, stock brokerage, asset management and venture capital, insurance, real estate and consulting services. In addition, the Company is involved in various other businesses, including hotel and property management, real estate and information technology (IT) consulting.
Are investors worried about the recent updates with NBG? Find out with a free trend analysis HERE
Federal National Mortgage Association(OTC:FNMA) shares declined 1.23% to $1.61. The company on Oct. 10 said it has finalized an agreement with National Mortgage Insurance Corporation ("National MI") on a transaction to provide credit risk coverage on over $5 billion in single family mortgages. The coverage furthers the 2013 Conservatorship Scorecard goal of transferring risk to private sources of capital. The insurance became effective as of September 1, 2013.
Additionally, the company on Oct. 11 said it will likely sell its $675 million debut offering of derivative securities at lower-than-expected yields after the deal garnered multiple times the required investor orders, according to several investors considering the deal.
Is FNMA going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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