Fannie Mae meldet kräftigen Gewinnrückgang
reagieren würde. "Das war auch richtig so", meint Vorhauser. Denn der letzte Kurs vor der Bekanntgabe der Übernahme lag bei rund 5 Euro. Der Eröffnungskurs dann in den USA bei 70 Cent." Die größten Verlierer bei der Verstaatlichung seien die Aktionäre und hier vor allem die großen Investmentfonds, die große Pakete halten.
15:53:19 9000 0.59
15:52:26 1000 0.59
15:49:51 6000 0.58
15:45:53 2000 0.56
15:44:55 9000 0.57
15:43:50 4070 0.58
15:43:26 8500 0.59
15:16:46 1000 0.53
15:03:15 11000 0.56
Börse Frankfurt-News: Die Märkte präsentieren sich launisch (Auslandsaktien)
Donnerstag 11. September 2008, 15:21 Uhr
ich hab gedacht von heute
Freddi & Fannie: CEOs kassieren Millionenabfindung von Jochen Stanzl
Freitag 12. September 2008, 12:47 Uhr
Aktienkurse
Fannie Mae
FNM
0.78
+0.00%
Freddie Mac
FRE
0.59
+0.00%
Washington (Boerse-Go.de) - Die Vorstandsvorsitzenden der beiden pleite gegangenen Hypothekenfinanzierer Freddie Mac und Fannie Mae werden in diesem Jahr durch die Rettungsaktion der US-Regierung ein Abfindungspaket in Millionenhöhe beziehen. Freddie-CEO Richard Syron erhält 14 Millionen US-Dollar Jahresgehalt, Fannie-CEO Daniel Mudd 9,2 Millionen US-Dollar. Die US-Regierung gab am Wochenende bekannt, die beiden Baufinanzierer, die für die Hälfte der US-amerikanischen Privathypotheken verantwortlich sind, unter Regierungskontrolle zu stellen. Alleine seien die beiden Unternehmen nicht mehr überlebensfähig.
WASHINGTON (Dow Jones)--Fed-Chairman Ben Bernanke wird an der Anhörungen im
US-Repräsentantenhaus zu dem Rettungsplan für die beiden angeschlagenen
Hypothekenfinanzier Fannie Mae und Freddie Mac teilnehmen. Bei der für den 25.
September angesetzten Sitzung des Finanzdienstleistungsausschusses sollen auch
US-Finanzminister Henry Paulson sowie Vertreter des Office of Federal Housing
Enterprise Oversight (OFHEO) angehört werden.
Im Bankenausschuss des US-Senats sprechen hingegen nur Paulson und der
OFHEO-Direktor James Lockhart, Bernankes Anwesenheit ist hier bislang nicht
geplant. Die Anhörung im Bankenausschuss wird am 16. September stattfinden.
Die US-Regierung hatte zuvor die Kontrolle über die beiden Government Sponsored
Enterprises (GSE) übernommen und einen Plan zur Stabilisierung der beiden
angeschlagenen Unternehmen aufgestellt. Die Aufsichtsbehörde Federal Housing
Finance Agency (FHFA) übernimmt die vorläufige operative Führung bei Fannie Mae
und Freddie Mac. Der Rettungsplan sieht unter anderem vor, dass das
Finanzministerium mit Hypotheken besicherte Anleihen von Fannie Mae und Freddie
Mac kauft und sich zudem an den beiden Unternehmen beteiligt.
DJG/DJN/kth
(END) Dow Jones Newswires
September 12, 2008 02:23 ET (06:23 GMT)
© 2008 Dow Jones & Company, Inc.
12.09.2008 08:23:20 Quelle: DJN
Assumption: under worst case of a government potential 79.9% dilution.
Old price: when => New price: when it should be back to that level ::
1. $7+, last Friday, => $1.4+/new FNM. It should get back to 1.4+ once technical selling is over (by index funds, semiindex funds)
2. $25~30, May-June before the speculation of a government takeover started i.e. the speculation knocked off old FNM all the way from mid-high 20's to $7, or about 1x normal PE!!! => $5~6/new FNM. It should get back there once the emotion calms down and people realize that a potential 79.9% dilution is not a Bear Stern while government standby funding facility offers FNM value in growing new businesses, which are extremely profitable these days.
3. $70~80, before the credit crisis starts => $14~16/new FNM. Once the crisis is over and housing is growing again, the new FNM should get back to at least $14~16. Analysts generally expect this will happen sometime next year, Spring to Summer is widely called.
Why I said "at least"?
Because under the new regime, FNM and FRE are actually doing more businesses and doing more profitable businesses. FNM, in particular, was widely regarded strong on its own and may end up not needing as much money from the government as the potential maximum dilution assumed.
Not bad, from sub-$1 to AT LEAST mid teens in 1 to 2 years.
WEST PALM BEACH, Fla., Sept. 12, 2008 (GLOBE NEWSWIRE) -- The Law Offices of Aronberg & Aronberg announces that it has filed a class action lawsuit in the U.S. District Court for the Southern District of Florida on September 11, 2008, on behalf of purchasers of Fannie Mae stock (NYSE:FNM).
The complaint names Fannie Mae's entire Board and several of its former officers as defendants. The complaint alleges the Board violated the Securities Exchange Act of 1934 along with the Florida Deceptive Trade Practices Act by: (1) making false statements; (2) failing to disclose adverse conditions of the company causing stock purchasers to be deceived about the value of the company; and (3) artificially inflating the price of the stock.
Plaintiff alleges that the Board issued false positive statements about the Company. During the time where false positive statements were made by the Board, the value of the stock was artificially inflated. Fannie Mae's stock dropped this week to below $1 per share, when the U.S. Government announced that it was taking over the company.
Fannie Mae is the nation's leading provider of secondary mortgages. Fannie Mae buys or guarantees loans that are made by mortgage companies. This allows mortgage companies and banks to give loans with more liquid cash available. In turn, Fannie Mae raises cash by, in part, selling fixed income securities (ie: bonds) to investors. Fannie Mae, in part, makes money when the interest rate it charges for mortgages is greater than the rate it pays its bond investors.
"It is our intention to see to it that the thousands of past and current Florida stockholders of Fannie Mae are not swallowing millions of dollars in losses while the board members walk away with millions of dollars in compensation packages," said David T. Aronberg, Esq.
The Law Offices of Aronberg & Aronberg is active in litigation pending both in federal and state courts. You may visit our web site at www.aronberglaw.com or www.suefanniemae.com for more firm information.
More information on this and other class actions can be found on the Class Action Newsline at www.globenewswire.com/ca
CONTACT: Aronberg & Aronberg
WASHINGTON, Sept. 12 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Principal Security Interest Maturity Date CUSIP Redemption Date
Amount Type Rate
$14,204,000 FINP 4.500% Sept. 24, 2010 3135A05H8 September 24, 2008
$60,000,000 MTN 4.850% Sept. 22, 2009 31359MWF6 September 22, 2008
$25,000,000 MTN 3.250% June 23, 2010 3136F9SC8 September 23, 2008
$40,000,000 MTN 3.625% June 23, 2010 3136F9UU5 September 23, 2008
$1,000,000,000 MTN 3.630% June 23, 2010 31398ASF0 September 23, 2008
$150,000,000 MTN 4.250% June 23, 2011 3136F9SY0 September 23, 2008
$25,000,000 MTN 5.240% June 23, 2014 3136F9VG5 September 23, 2008
$50,000,000 MTN 4.000% June 24, 2011 3136F9UG6 September 24, 2008
$500,000,000 MTN 5.300% Sept. 24, 2012 3136F8SY2 September 24, 2008
$60,000,000 MTN 4.000% June 24, 2013 3136F9UB7 September 24, 2008
$55,000,000 MTN 4.000% June 24, 2013 3136F9TN3 September 24, 2008
$50,000,000 MTN 4.500% June 24, 2013 3136F9VE0 September 24, 2008
$20,000,000 MTN 5.650% Sept. 24, 2014 3136F8TA3 September 24, 2008
$75,000,000 MTN 6.125% March 24, 2025 3136F6Y52 September 24, 2008
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
SOURCE Fannie Mae
Leider jedoch ist das nicht der Fall, da die Aktie wertlos wird.
Daher winken 100 % Verlust, egal bei welchem Kurs man eingestiegen ist.
ist es nich endgultig entschieden was mit dem Papier passiert. Für ein wertloses Papier halten die 0,70$ verdächtig lange, aus meiner Sicht.
Es ist möglich Geld- und zwar beträchtliche Summen- an der Börse zu verdienen. Aber nicht durch Käufe und Verkäufe, die man aufs Geratewohl startet. Die mächtigen Gewinne gehen dem intelligenten, sorgfältigen und geduldigen Investor zu. Kaufen Sie, wenn die Aktienpreise tief sind, und geben Sie die Papiere nicht aus der Hand. Eine große Schar von Menschen scheint diesen einfachen Grundsatz nicht zu erfassen. Sie fürchten sich vor Gelegenheitskäufen. Sie kaufen erst, wenn sie meinen. Jedes Risiko vermieden zu haben. Meistens kaufen sie zu spät. (J. Paul Getty)
French Fin Min: Lehman Collapse A "Shock," Mkts Not To Panic
PARIS -(Dow Jones)- French Finance Minister Christine Lagarde said Monday that the fact U.S. bank Lehman Brothers Holdings Inc. (LEH) filed for Chapter 11 protection was "a shock because Lehman Brothers was the U.S. fourth biggest investment bank."
Speaking in an interview with French radio Europe 1, Lagarde said Lehman is " one of the banking industry's finest that falls."
But she reckoned that the U.S. Treasury couldn't help Lehman after the rescue of U.S. mortgage companies Fannie Mae (FNM) and Freddie Mac (FRE).
Lagarde noted that the acquisition by Bank of America Corp. (BAC) of Merill Lynch & Co. (MER) for $50 billion was "good news," while the fresh credit opened by the U.S. Federal Reserve and a consortium of major banks should help offset any credit squeeze and worries, she also said.
She reckoned the financial crisis that stemmed from the U.S. subprime crisis isn't over, but called upon French and European banks not to panic as European central banks, including the European Central Bank, as well as banking and financial markets authorities all consulted over the weekend and last night.
"Mechanisms" to prevent any destabilization of European financial markets have been put in place, she noted, without elaborating.
She also called upon European and French banks to keep on supporting European economies, and keep on providing good access to credit, notably to small- and medium-sized companies.
Lehman announced its bankruptcy early Monday while Bank of America said it was buying U.S. troubled investment bank Merrill Lynch for $50 billion.
-By Geraldine Amiel, Dow Jones Newswires; +33 1 40171740; geraldine.amiel@ dowjones.com;
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/al?rnd=aprnwPJ%2Bteb%2FqWP%2B8tohNQ%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
09-15-080323ET
Copyright (c) 2008 Dow Jones & Company, Inc.
NASDAQ Last Sale
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