Orlando, FL -- (SBWIRE) -- 10/22/2013 -- 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), AMR Corporation(PINK:AAMRQ).
Federal Home Loan Mortgage Corp(OTC:FMCC) shares gained 4.03% and closed at $1.55. The company on Oct. 16 announced a new offering of Structured Pass-Through Certificates ("K Certificates") backed exclusively by LIBOR-based, floating rate multifamily mortgage loans with seven-year terms and properties owned by GSG Residential Portfolio LP. The company expects to issue approximately $959 million in K Certificates ("K-GRP Certificates"), which are expected to price on or about October 18, 2013, and settle on or about October 25, 2013.
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AMR Corporation(PINK:AAMRQ) shares increased 0.54% and closed at $5.97. The company on Oct. 17 reported results for the third quarter ended September 30, 2013. For the third quarter of 2013, AMR reported record consolidated revenue of approximately $6.8 billion, up 6.2 percent versus the same period last year. AMR achieved an operating profit of $713 million and an operating margin of approximately 10.4 percent, an improvement of approximately $451 million and 6.3 points, respectively, over the prior-year period, excluding special items in both periods. On a GAAP basis, AMR realized an operating profit of $698 million and an operating margin of approximately 10.2 percent, an improvement of approximately $647 million and 9.4 points, respectively, over the prior-year period.
Additionally, the company on Oct. 16 announced it plans to launch its first-ever nonstop service from Dallas/Fort Worth International Airport (DFW) to Hong Kong International Airport (HKG) and Shanghai Pudong International Airport (PVG) next year - reinforcing American's commitment to further strengthen its global presence and meet customer demand for travel to key international markets, especially in the Asia-Pacific region.
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