<
Largest US home funding source, Federal National Mortgage Association(OTCBB:FNMA), has sold $2.0 billion of benchmark bills at interest rates which were mixed vis-à-vis last week’s sale of similar maturities.
BluForest Inc(OTCMKTS:BLUF), a company traded publically in carbon offsets marketing as well as renewable energy, is looking at new technology named “Hestia” for expanding the carbon offsets trading market.Bluforest Inc., formerly Greenwood Gold Resources, Inc., is a carbon offset credit trading company with land assets in South America. Global Environmental Investments Limited (GEIL) sold all of the rights and interests held by GEIL pursuant to the Acquisition Agreement, on March 30, 2012, to the Company regarding the Property, which consists of approximately 105,000 hectares. It consists of 100% of GEIL’s rights, title and interests in and to the timber, minerals, substances and the rights to receive from the Property, and 100% of the right, title and interests of GEIL in all existing oil, gas and/or mineral unitization, pooling and/or communization agreements, declarations, and/or orders and the properties covered or included in the units, which relate to the Property.
Scientists at Arizona State University have developed new software which can precisely measure greenhouse gas emissions of streets and individual buildings.
The system combines information from public databases as well as simulations along with energy consumption models. Researchers opine that this would aid in identifying the most effective places for reducing emissions. This may help in significant reductions in carbon.
Hestia would help the country to have a single method for measuring carbon dioxide as well as other greenhouse gases at national level.
One of the leaders of the project, Dr Kevin Gurney opined that one can go to any city in US and do the calculation part and in this manner, one can look at the entire country’s emissions. He added that this makes one realize how large a source electricity production is.
Scientists are of the view that the system can help in targeting where to make emission reduction. Hence, this can help in solving a contentious issue globally of verification on global climate treaty.
BluForest is a leading marketer of carbon offsets under the UN principle of Reducing Emissions from Deforestation and forest Degradation.Federal National Mortgage Association Fannie Mae is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage-related assets are purchased and sold. The Company’s activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS), and purchasing mortgage loans and mortgage-related securities in the secondary market for its mortgage portfolio. Fannie Mae operates in three business segments: Single-Family business, Multifamily Business (formerly Housing and Community Development (HCD)) and Capital Markets group. Its Single-Family Credit Guaranty and Multifamily businesses work with its lender customers to purchase and securitize mortgage loans customers deliver to the Company into Fannie Mae MBS
The company had sold $1.0 billion of three-month bills due Oct. 30, 2013 at a 0.050 percent lowest accepted rate.
It had also sold $1.0 billion of six-month bills due Jan. 29, 2014 at a 0.087 percent rate. The bills for three-month were priced at 99.987 with a yield of 0.050 percent.
The bills for six months were priced at 99.956 with a yield of 0.087 percent.
PulteGroup, Inc.(NYSE:PHM) shares dropped 2.09% to $16.86. The company on July 25 announced second quarter net income of $36 million, or $0.09 per share. In the prior year’s second quarter, PulteGroup reported net income of $42 million, or $0.11 per share. Home sale revenues for the second quarter increased 19% to $1.2 billion, compared with $1.0 billion last year.
Additionally, the company will begin trading ex-dividend on August 01, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on August 12, 2013. Shareholders who purchased PHM stock prior to the ex-dividend date are eligible for the cash dividend payment.
FirstEnergy Corp. (NYSE:FE) shares declined 2.68% to $37.11 in the morning hour. The company will announce its Q2 2013 earnings results before the market opens on Tuesday, August 6th. FirstEnergy Corp. has set its FY13 guidance at $2.85-3.15 EPS.
The company also recently declared a quarterly dividend, which is scheduled for Sunday, September 1st. Stockholders of record on Wednesday, August 7th will be given a dividend of $0.55 per share
Posts
No comments:
Post a Comment