ReleaseWire

Stocks in Focus: (OTCQB: FNMAS), (NYSE: SVU)

Posted: Tuesday, March 26, 2013 at 7:39 AM CDT

New York, NY -- (ReleaseWire) -- 03/26/2013 --FANNIE MAE PFD S (OTCQB: FNMAS) traded at $ 3.25 in the last session, which is +0.10 (3.17%). The stock has a Range of 3.11 - 3.32. The stock has a 52 week low and high of 0.46 - 3.35 respectively. The stock has a Market Cap of 882.00M. The stock traded a volume of 9.84M. The stock has a 30 day average volume of 6.73M.

Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS). It operates in three segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets.

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SUPERVALU Inc. (NYSE: SVU) announced appointments to its executive team, including Janel Haugarth who will remain with the company as executive vice president and president of independent business and supply chain services.

The announcement comes as Sam Duncan, SUPERVALU president and chief executive officer, continues finalizing his leadership team following the sale of five retail banners to AB Acquisition LLC, a transaction that was completed on March 21, 2013.

Haugarth to continue as head of SUPERVALU’s largest division. Haugarth, who has spent more than 35 years in a variety of leadership positions with SUPERVALU, agreed to continue as executive vice president and president of independent business and supply chain services.

Find out more on SVU here:
http://stockreportdaily.com/market-scan/?symbol=SVU

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