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Senate To Release Housing Finance Reform Outline: Here's What It Means For Fannie Mae And Freddie Mac Shareholders
Monday, January 29, 2018 - 2:44pm | 434The U.S. stock market is off to a hot start to 2018, but Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) are headed in the other direction, each down roughly 20 percent on the month. For better or for worse, Fannie Mae and Freddie Mac should get a...
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Analysis: Government 5G Network Unlikely, Despite Reports
Monday, January 29, 2018 - 12:26pm | 492Wireless carriers AT&T Inc. (NYSE: T), Verizon Communications Inc. (NYSE: VZ), Sprint Corp (NYSE: S) and T-Mobile US Inc (NASDAQ: TMUS) all traded lower Monday morning by more than 1.1 percent after Axios reported the Trump administration is considering a nationalized 5G network. Height...
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3 Reasons Philip Morris Could Still Receive FDA Approval For Its 'Safer' Cigarette
Saturday, January 27, 2018 - 6:22pm | 311Philip Morris International Inc. (NYSE: PM) hopes to market the IQOS cigarette as a less harmful alternative to cigarettes, but it The Analyst Height Securities' Stefanie Miller. The Thesis The Tobacco Products Scientific Advisory Committee rejected the claim that IQOS device can reduce the...
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What To Make Of The FDA Vote That Rocked Philip Morris
Thursday, January 25, 2018 - 4:26pm | 442What Happened Philip Morris International Inc. (NYSE: PM) plummeted 6 percent intraday Thursday after the U.S. Food and Drug Administration’s Tobacco Products Scientific Advisory Committee rejected one of two claims surrounding its modified risk tobacco product. Why It's Important...
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Tobacco's Big Week
Wednesday, January 24, 2018 - 3:09pm | 448The U.S. Food and Drug Administration is holding its Center for Tobacco Products meeting this week, and it could be a very important week for tobacco investors. Height Securities analyst Stefanie Miller said Wednesday this week could mark the first steps in a decade-long transition in the tobacco...
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8 Stocks To Play The Mulvaney Era At The CFPB
Thursday, January 18, 2018 - 3:30pm | 499One of President Donald Trump's top campaign promises was to eliminate regulations and free up U.S. corporations to operate will fewer restrictions. One of Trump’s first targets after taking office was the Consumer Financial Protection Bureau, which was created in the wake of the mortgage...
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Analyst: Despite Lobbying, Congress Unlikely To Engage In Tax Policy Fine-Tuning
Thursday, January 18, 2018 - 1:36pm | 413There’s plenty for Americans on both sides of the political aisle to hate in the new tax law, but investors shouldn’t expect any changes to the new law in 2018. The new rules are here to stay, at least this year, said Height Securities analyst Stefanie Miller. In a new report, Miller...
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Height Securities: Odds Of Government Shutdown Are Nearly 50-50, But Congress Still Likely To 'Kick The Can'
Wednesday, January 17, 2018 - 2:43pm | 408There’s a major deadline approaching in Washington, D.C. later this week, and Height Securities said Congress is likely prepared to do what many would argue it does best — nothing. In a new note to clients on Wednesday, Height Securities said there’s a 45-percent chance...
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A Look Ahead To Trump's Decision On Solar Tariffs
Thursday, January 11, 2018 - 4:41pm | 437The first major market-moving decision from Washington, D.C. in 2018 is on the way before the end of January, and it could have a huge impact on solar stocks. President Donald Trump must decide by Jan. 26 whether or not the U.S. will impose tariffs on imported solar cells and modules under Section...
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Fannie And Freddie Face An Uncertain Future
Thursday, January 4, 2018 - 1:37pm | 489Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors have gotten a lot of good news about the government-sponsored enterprises’ future in recent months. Unfortunately, that good news hasn't been reflected in the stocks’ share...
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3 Market Winners From A Bipartisan Farm Bill In 2018
Tuesday, December 26, 2017 - 6:02pm | 440A farm bill is likely to move in the first quarter of 2018, according to Rep. Collin Peterson, a Minnesota Democrat and ranking member of the House Agriculture Committee, and a spokesperson for the committee's chairman. The proposals include reauthorizing a grant program that compensates...
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Financials, Fannie And Freddie: One Analyst's Big Ideas For 2018
Tuesday, December 26, 2017 - 3:15pm | 817Financials remain poised to benefit from the tax bill signed by President Donald Trump on Friday, deregulation and legislation, Height Securities analyst Ed Groshans said in a note. The financial services industry is a "significant beneficiary" of the lower 21-percent corporate tax rate,...
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Fannie Mae, Freddie Mac Preferred Shareholders Could See Huge Upside From Conversion Process
Friday, December 22, 2017 - 1:17pm | 676Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) investors got some good news this week when the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain $3 billion of income each...
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Could Disney Hold Up The AT&T-Time Warner Deal?
Friday, December 22, 2017 - 12:46pm | 437Walt Disney Co (NYSE: DIS)'s proposed acquisition of most of Twenty-First Century Fox Inc (NASDAQ: FOXA)'s media and entertainment assets is one of two mega mergers in the media sector, the other being AT&T Inc. (NYSE: T)'s offer to buy Time Warner Inc (NYSE: TWX). The Analyst...
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'A Sea Change Underway': Fannie Mae, Freddie Mac To Retain Capital Again
Thursday, December 21, 2017 - 12:42pm | 535Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) shares are rocking Thursday after the Treasury Department and the Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac will be allowed to retain a portion of their income to start...