Financial News from Fox Business from 9/24/2009

Recap of "Fox Business" - 9/24/09

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Listed below are stocks that were mentioned in Fox Business's Fox Business on Thursday September, 24th.

Fox Business Channel provides expert analysis, market commentary, and reporting on the news stories that are shaping the market. This program runs throughout nearly the entire day (from 10amuntil 3pm ET) of trading. A group of distinguished hosts rotate depending on the time of day, these personalities include: Dagen McDowell, Brian Sullivan, Tom Sullivan, Cheryl Casone, Stuart Varney, Liz Claman and David Asman. Since, this show spans the majority of the day, there is a good chance that if it is making news than it has been covered on this show. Check below to see a list of the news making stocks.

Want to know everything that was said on Fox Business? Then you have to watch it. Visit Fox Business for show times and channel guides.

Fox Business - Fox Business Stock Commentary for 9/24/2009

The most recent Stocks on Financial TV & Blogs from impactful financial news sources
“… 4 bedrooms, 4 baths, and the asking price is $.3 million. And it's all steel and glass construction. It was built in 1953, and everything is original. >> it was designed by aj SPIRE. >> and it has that feel to it. Let's poke in the kitchen this way, it's a period kitchen, and the period being the 50s. Can we make it in the door here? It's amazing to look at top of the line appliances in the 50s, which, if bob cups comes over here, it's an old stove, it's a >> it still works, we have used it for different parties for the >> big collectors. Can we poke through this way, we go through the door here, and this is cameron's living room and dining room. This is where cameron lived, there you go. >> jeff, jeff, we have run out of time, but that's wonderful >> anyone? Anyone? >> jeff, great, good to see you my friend. And we're going to gear up for …” - SPIR on Fox Business
“… But at the moment, reality is setting in that we have more supplies than demand. But let's get to mortgage rate movement. The national average remaining at a 3 month low. FREDDIE MAC out with its three week survey and here are the averages. >> nationally, the 30 year average is still at 5.04%, with southeast and southwest regions seeing a debt. So how much longer can rates stay at these levels? If you're waiting to buy or refinance, should you wait any longer? Rodney anderson, senior manager at rodney anderson lending services and rodney, thank you for being here. >> thanks for having me. >> I just looked at the 15 year fixed and they're well under that 5% right now. >> absolutely, the 15 year fixed are great. And a lot of people are refinancing to take advantage of that 15 year fix, and I highly recommend it because it helps you build equity faster. Therefore, if your value continues to drop, you've used a mechanism to offset it right away. It's a great program for people. >> great program, but everybody is wondering what happens next? …” - FRE on Fox Business
“… To get out of it. >> triple loans, waiting for the interest rates to come down, but until the rates come down. >> the federal reserve has bought 80% of the securities from FREDDIE MAC this year, so with that, watch out for rates. >> home sales and home loans, we are all over the brand new numbers out. >> and what they're doing to the all of that is coming up next on fox business. …” - FRE on Fox Business
“… >> my sources from citigroup are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. They're watching bank of america paying back and they're left behind along with AIG and they don't want to be seen as an embattled company in the marketplace, and they would like to get out of it. >> triple loans, waiting for the interest rates to come down, but until the rates come down. >> the federal reserve has bought 80% of the securities from freddie mac this year, so with that, watch out for rates. >> home sales and home loans, we are all over the brand new numbers out. >> and what they're doing to the all of that is coming up next on fox business. …” - AIG on Fox Business
“… Is it pressure from the fed, from the treasure? >> my sources from citigroup are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. They're watching BANK OF AMERICA paying back and they're left behind along with aig and they don't want to be seen as an embattled company in the marketplace, and they would like to get out of it. >> triple loans, waiting for the interest rates to come down, but until the rates come down. >> the federal reserve has bought 80% of the securities from freddie mac this year, so with that, watch out for rates. >> home sales and home loans, we are all over the brand new numbers out. >> and what they're doing to the all of that is coming up next on fox business. …” - BAC on Fox Business
“… Securization so they can unload it on to fannie mae and freddie can they keep it? That's what's happening, when you can't secure the loans, you can't move them off of the balance sheets. CITIGROUP has to have more capital on the balance sheet to prop up the loans. That's the question, is this the right way for them on one side to go? The jury is still out. >> I wonder if the too big to fail philosophy is pro propelling them to try to swim down? Is it pressure from the fed, from the treasure? >> my sources from CITIGROUP are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. They're watching bank of america paying back and they're left behind along with aig and they don't want to be seen as an embattled company in the marketplace, and they would like to get out of it. >> triple loans, waiting for the interest rates to come down, but until the rates come down. >> the federal reserve has bought 80% of the securities from freddie mac this year, so with that, watch out for rates. >> home sales and home loans, we are all over the brand new numbers out. >> and what they're doing to the all of that is coming up next on fox business. …” - C on Fox Business
“… Analysts on wall street say it's unlikely, it's a smart way to go because the cities involved have an international clientele. But the jumbo loan notion is FANNIE MAE and freddie mac are only doing $29,000 places like california, that plan will expire by the end of the year, and wells fargo ceo is saying, we want you to buy more securization so they can unload it on to FANNIE MAE and freddie can they keep it? That's what's happening, when you can't secure the loans, you can't move them off of the balance sheets. Citigroup has to have more capital on the balance sheet to prop up the loans. That's the question, is this the right way for them on one side to go? The jury is still out. >> I wonder if the too big to fail philosophy is pro propelling them to try to swim down? Is it pressure from the fed, from the treasure? >> my sources from citigroup are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. They're watching bank of america paying back and they're left behind along with aig and they don't want to be seen as an embattled company in the marketplace, and they would like to get out of it. >> triple loans, waiting for the interest rates to come down, but until the rates come down. …” - FNM on Fox Business
“… But the jumbo loan notion is fannie mae and freddie mac are only doing $29,000 places like california, that plan will expire by the end of the year, and WELLS FARGO ceo is saying, we want you to buy more securization so they can unload it on to fannie mae and freddie can they keep it? That's what's happening, when you can't secure the loans, you can't move them off of the balance sheets. Citigroup has to have more capital on the balance sheet to prop up the loans. That's the question, is this the right way for them on one side to go? The jury is still out. >> I wonder if the too big to fail philosophy is pro propelling them to try to swim down? Is it pressure from the fed, from the treasure? >> my sources from citigroup are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. They're watching bank of america paying back and they're left behind along with aig and they don't want to be seen as an embattled company in the marketplace, and they would like …” - WFC on Fox Business
“… Analysts on wall street say it's unlikely, it's a smart way to go because the cities involved have an international clientele. But the jumbo loan notion is fannie mae and FREDDIE MAC are only doing $29,000 places like california, that plan will expire by the end of the year, and wells fargo ceo is saying, we want you to buy more securization so they can unload it on to fannie mae and freddie can they keep it? That's what's happening, when you can't secure the loans, you can't move them off of the balance sheets. Citigroup has to have more capital on the balance sheet to prop up the loans. That's the question, is this the right way for them on one side to go? The jury is still out. >> I wonder if the too big to fail philosophy is pro propelling them to try to swim down? Is it pressure from the fed, from the treasure? >> my sources from citigroup are saying, yes, this is the issue. And they want to pay back the u.S. Government. They don't think they can do it any time soon. They're very worried about that. …” - FRE on Fox Business
“… The sewing machine for citigroup, but this is the company again, it's probably embattled and as beleaguered as aig. So it's trying to unload an amount of assets that is equal in size to GE capital. Is this the profitable way to can they earn its way out of its analysts on wall street say it's unlikely, it's a smart way to go because the cities involved have an international clientele. But the jumbo loan notion is fannie mae and freddie mac are only doing $29,000 places like california, that plan will expire by the end of the year, and wells fargo ceo is saying, we want you to buy more securization so they can unload it on to fannie mae and freddie can they keep it? That's what's happening, when you can't secure the loans, you can't move them off of the balance sheets. Citigroup has to have more capital on the balance sheet to prop up the loans. That's the question, is this the right way for them on one side to go? The jury is still out. >> I wonder if the too big to …” - GE on Fox Business