Author: Steve Vrionis

Fannie Mae 0

A dive in the zombie shell of Fannie Mae

Fannie Mae (FNMA) and Freddie Mac (FMCC) have gotten a lot of attention lately, as a court ruling sent their stocks plummeting.  With this post we aren’t going to dive into the legal mess...

Sears Southpoint 0

Sears Canada Rights Offering Shows Lack of Options

Sears Holdings (SHLD) providing an update on its actions to generate liquidity and fund its transformation and evolve its capital structure recently announced the intent to conduct a rights offering of Sears Canada (SEARF)...

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J.C. Penney Earnings; The Good, The Bad, The Ugly

Results Q4 2013 EPS: $0.11 FY 2013 EPS: -$5.57 The Good This quarter was not as bad as previously feared. The company reported positive GAAP Earnings of $0.11 per share or $35 million, a...