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S&P Picks and Pans: Fannie Mae, Hewlett-Packard, BHP Billiton, Analog Devices, Hormel Foods

 

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FRB: Press Release--Federal Reserve announces it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises and mortgage-backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae--November 25,
federalreserve.gov 11/25/2008 — Release Date: November 25, 2008 For release at 8:15 a.m. EST The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)--Fannie Mae, Freddie ...
Bailout Pledges More than $8 Trillion
econompicdata.blogspot.com 11/25/2008 — Hot off the press, Part I. Term Asset-Backed Securities Loan Facility at $200B. Details per the WSJ : Under the TALF, the Federal Reserve Bank of New York (FRBNY) will lend up to $200 billion on a non-recourse basis to holders of certain AAA-rated ...
Add $600 bn to Fed Balance Sheet
aleablog.com 11/25/2008 — The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)–Fannie Mae, Freddie Mac, and the Federal Home Loan Banks–and ...
FT.com / US / Economy & Fed - Fed adds $800bn to boost borrowing
ft.com 11/25/2008 — The US Federal Reserve on Tuesday escalated its efforts to revive the financial system, pledging $800bn to bolster markets for loans to homebuyers, consumers, students and small businesses. The planned intervention in consumer lending markets had a ...
Fannie Mae names Johnson chief financial officer (AP)
news.yahoo.com 11/26/2008 — AP - Fannie Mae says David Johnson will serve as the mortgage giant's chief financial officer and executive vice president, beginning immediately.
HP Q4 In Line With Pre-Announcement; Repeats GuidanceBARRONS.com: Tech Trader Daily 11/24/2008
Hewlett-Packard (HPQ) this afternoon reported results for its fiscal fourth quarter ended October 31 that were just as advertised in their pre-announcement last week . As forecast, the company posted revenue of $33.6 billion in the quarter, ...
Broadcom: Demand Trends Weak, Raymond James SaysBARRONS.com: Tech Trader Daily 11/25/2008
Raymond James chip analyst J. Steven Smigie this morning cut his rating on Broadcom (BRCM) to Market Perform from Outperform, citing his view that “order trends are continuing to weaken as Q4 progresses.” The weak economy is one ...
SpamalotThe Big Money 11/25/2008
At Hormel, staff members "are working at a furious pace and piling up all the overtime they want" to crank out tins of Spam , "perhaps the emblematic hard-times food in the American pantry," according to a recent New York Times article. read ...
BankRate Soars As Fed Triggers ReFi FeverBARRONS.com: Tech Trader Daily 11/26/2008
BankRate (RATE) shares jumped Wednesday on hopes that that the company will benefit from a rebound mortgage refinance activity following the Fed’s commitment yesterday to inject $600 of new capital into Fannie Mae , Freddie Mac , Ginnie ...