Orlando, FL -- (SBWIRE) -- 10/02/2013 -- 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 Walker & Dunlop, Inc. (NYSE:WD), Fab Universal Corp (NYSEMKT:FU).
Walker & Dunlop, Inc. (NYSE:WD) shares dropped 19.17% and closed at $12.86 in the last trading session. The company on Sept. 30 announced that it expects third quarter 2013 loan originations to be in the range of $1.7 - $1.9 billion, below the Company's third quarter guidance of $2.0 - $2.5 billion due to rising interest rates and a slowdown in lending activity by Fannie Mae and Freddie Mac to stay under their FHFA-imposed 2013 lending caps. The company will hold its Q3 earnings call on November 7th and will update its 2013 fourth quarter and annual origination guidance at that time.
Additionally, the company on Sept. 30 announced that David Schmidt has joined the Company as senior vice president. With more than 24 years of diversified real estate experience on a national level, Mr. Schmidt has been involved in the origination, processing and underwriting of transactions involving all types of commercial real estate. Throughout his career, he has worked with many commercial mortgage financing sources, with a specialization in multifamily property financing.
Are investors worried about the recent updates with WD? Find out with a free trend analysis HERE
Fab Universal Corp (NYSEMKT:FU) stock declined 18.72% to $5.99. The company on Sept. 24 said it has entered into an agreement with Future TV Co. Ltd. to distribute its copyright-protected media content through pay TV terminals used in the home by Future TV's subscribers. Under the terms of the agreement, FAB will provide copyright protected content including high-definition video, music lessons, children's programs, and other educational and related programming. Future TV will integrate the content provided by FAB Universal with its operational platform and manage subscriber payments.
Is FU going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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