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Federal National Mortgage Association (OTCBB: FNMA) shares closed up a modest 0.64 percent this past Friday with around 7.6 million shares traded. Sister company Freddie Mac (FMCC), who is government-controlled, is planning to sell $1 billion of securities tied to the risk of homeowner defaults, almost matching the amount issued since the deals began last year. This is according to a person with knowledge of the transaction.
Get more information on Federal National Mortgage Association and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FNMA
Cannabis Science, Inc. (OTC: CBIS) shares closed down 0.83 percent on Friday with about 18.4 million shares traded. The stock was one of the most active stocks in the OTC market. The company's government relations team lead, Rick Blake, is working with the U.S. House of Representatives' Cannabis Caucus to ensure that the President signs an Executive Order to decriminalize cannabis research.
Get more information on Cannabis Science, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/CBIS
Amazon.com Inc. (NASDAQ: AMZN) shares closed down 11 percent this past Friday with a little over 16 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The big drop came after the company missed on all three counts: revenue, earnings, and guidance. Amazon said sales increased 20%, to $25.6 billion, which was behind estimates at $26.06 billion. Profits grew from $0.21 per share a year ago to $0.51, but that was also below estimates of $0.66. For the current quarter, Amazon expects top-line growth of 13% to 24%, and operating income near breakeven, also below Wall Street’s expectations.
Get more information on Amazon.com Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/AMZN
Solazyme, Inc. (NASDAQ: SZYM) shares closed up 32.75 percent on nearly 5 million shares traded. The stock was one of the biggest gainers on the NASDAQ and came just 1 cent shy of its 52-week high during intra-day trading. The stock gained the most since going public after saying it’s selling commercial volumes of tailored-oil products from two facilities in Iowa.
Get more information on Solazyme, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/SZYM
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