BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Newspaper wrap-up: Fannie, Freddie stabilization becomes a game of political chicken ]]>http://www.bloggingstocks.com/2008/07/17/newspaper-wrap-up-fannie-freddie-stabilization-becomes-a-game/http://www.bloggingstocks.com/2008/07/17/newspaper-wrap-up-fannie-freddie-stabilization-becomes-a-game/http://www.bloggingstocks.com/2008/07/17/newspaper-wrap-up-fannie-freddie-stabilization-becomes-a-game/#commentsFiled under: , , ,

MAJOR PAPERS:
  • The Wall Street Journal reported that it is the Bush Administration versus Democrats versus Republicans to decide the strategy to stabilize Federal National Mortgage Association (NYSE: FNM) -- Fannie Mae -- and Federal Home Loan Mortgage Corporation (NYSE: FRE) -- Freddie Mac. The Administration's plan would let the Treasury Department advance a credit line and the opportunity for the government to buy equity in either firm. A package is expected to pass but not before the political and economic ramifications are battled out. Democrats and Treasury want it to be a part of a housing rescue plan; Republications oppose it.
  • The Clinton Foundation, headed by former President Clinton, believes it has a pricing agreement in place that it expects will make malaria drugs affordable and available to millions of poor people worldwide, the Wall Street Journal reported.
  • The Financial Times reported that UBS AG (NYSE: UBS) and Liechtenstein's LGT Group will today be accused by U.S. Congressional investigators of using the "cloak of bank secrecy laws" to help American clients evade billions of dollars in taxes.
OTHER PAPERS:

Newspaper wrap-up: Fannie, Freddie stabilization becomes a game of political chicken originally appeared on BloggingStocks on Thu, 17 Jul 2008 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acquisitionBarrbarr pharmaceuticalBarrPharmaceuticalBRLBush AdministrationBushAdministrationClintonClinton FoundationClintonFoundationDemocratsfannie maefannie maefreddie macFannieMaeFannieMaefreddieMacFNMFREfreddie macFreddieMacLGT GroupLgtGroupRepublicanstax evasionTaxEvasionTEVAteva pharmaceuticalteva pharmaceuticalsTevaPharmaceuticalTevaPharmaceuticalsUBSUBS AGUbsAgThu, 17 Jul 2008 08:00:00 EST<![CDATA[Barr Pharma rises with favorable court ruling]]>http://www.bloggingstocks.com/2008/03/04/barr-pharma-brl-gets-favorable-court-ruling/http://www.bloggingstocks.com/2008/03/04/barr-pharma-brl-gets-favorable-court-ruling/http://www.bloggingstocks.com/2008/03/04/barr-pharma-brl-gets-favorable-court-ruling/#commentsFiled under: , , , ,

BRL logoBarr Pharmaceuticals Inc. (NYSE: BRL) shares are rising today after the company announced yesterday evening that a U.S. District Court ruled in favor of Barr, invalidating a patent protecting Bayer AG's Yasmin oral contraceptive. If you think that the company won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on BRL.

After hitting a one-year low of $45.41 in April, the stock hit a one-year high of $58.38 in November. BRL opened this morning at $49.07. So far today the stock has hit a low of $48.45 and a high of $49.99. As of 12:30, BRL is trading at $49.75, up $4.08 (8.9%). The chart for BRL looks neutral and steady while S&P gives BRL a positive 4 STARS (out of 5) buy rating.

Continue reading Barr Pharma rises with favorable court ruling

Barr Pharma rises with favorable court ruling originally appeared on BloggingStocks on Tue, 04 Mar 2008 14:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Barr PharmaceuticalBarrPharmaceuticalBayerBRLInvestors ObserverInvestorsObserverlawoptionsTue, 04 Mar 2008 14:02:00 EST