PHOENIX, January 29, 2015 /PRNewswire/ — EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Fannie Mae (OTCBB:FNMA), Apple (NASDAQ:AAPL), Yahoo! (NASDAQ:YHOO), Alibaba (NYSE:BABA), Gilead Sciences (NASDAQ:GILD), and Bank of America (NYSE:BAC).
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Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA): The shares of Fannie Mae (OTCBB:FNMA) began the trading session with a price of US$2.14. When day-trade ended, the stock price soared 6.07% to US$2.27 by the end of last trading session with 15.43 million shares exchanged hands, compared to daily average volume of 5.55 million. Fairholme is suing the government, arguing it unfairly changed the rules after it took control of both government sponsored enterprises during the 2008 financial crisis so that the government received all of the profits and left none for private shareholders. More than 20 lawsuits in all have been filed against the government by various Fannie and Freddie shareholders, including giant hedge funds such as Perry Capital and Pershing Square Capital Management. Judge Margaret Sweeney of the U.S. Court of Federal Claims said Wednesday she would deny a government request for a postponement that attempting to delay a widely followed lawsuit brought by Fairholme Capital Management. The industry of Mortgage Investment slid about 0.02%, and its competitor Federal Home Loan Mortgage Corp. earned about 1.90% to the price of US$2.15. Do you think Fannie Mae will go on? Do you think now is a good time to buy the stock? Investors can check the FNMA earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/012915A/FNMA/FannieMae.pdf
Apple Inc. (NASDAQ:AAPL): The shares of Apple (NASDAQ:AAPL) began the trading session with a price of US$117.62. When day-trade ended, the stock price jumped 5.65% to US$115.31 by the end of last trading session with 146.44 million shares exchanged hands, compared to daily average volume of 53.13 million. After posting excellent first-quarter revenue and phone shipment numbers, Apple CEO Tim Cook faces a balancing act of maintaining the company’s premier place in the consumer segment, while expanding its efforts in the enterprise market. The Chinese market will also pose some specific challenges for Apple. Even though the company increased shipments there by 70% in the first quarter, challenges from companies like Xioami may eventually force Apple to change its go-to-market strategy down the road. The industry of Electronic Equipment rallied about 4.51%, and its competitor BlackBerry fell about 4.17% to the price of US$10.12. Do you think Apple will go on? Do you think now is a good time to buy the stock? Investors can check the AAPL earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/012915A/AAPL/Apple.pdf
Yahoo! Inc. (NASDAQ:YHOO): The shares of Yahoo! (NASDAQ:YHOO) began the trading session with a price of US$49.80. When day-trade ended, the stock price declined 3.19% to US$46.46 by the end of last trading session with 84.84 million shares exchanged hands, compared to daily average volume of 15.79 million. Yahoo! announced its plans for a tax-free spin-off of the company’s remaining holdings of Alibaba, about 384 million shares in US$40 billion value, into a newly formed independent registered investment company called SpinCo. Yahoo! reported earnings of 30 cents per share for the fourth quarter, beating analysts’ expectations of 29 cents per share. The company posted revenue of US$1.18 billion for the period, lower compared to the US$1.19 billion consensus estimate. The industry of Internet Information Providers dropped about 1.00%, and its competitor Google lost about 1.66% to the price of US$510.00. Do you think Yahoo will go on? Do you think now is a good time to buy the stock? Investors can check the YHOO earnings forecast report here.
Read the Full Report: http://www.earningforecast.com/PR/012915A/YHOO/Yahoo.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Alibaba Group Holding Ltd. (NYSE:BABA):
Read the Full Report: http://www.earningforecast.com/PR/012915A/BABA/Alibaba.pdf
Gilead Sciences, Inc. (NASDAQ:GILD):
Read the Full Report: http://www.earningforecast.com/PR/012915A/GILD/GileadSciences.pdf
Bank of America Corp. (NYSE:BAC):
Read the Full Report: http://www.earningforecast.com/PR/012915A/BAC/BankofAmerica.pdf
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