(Reuters) - Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their orderly release from conservatorship. The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) said on Thursday they had amended their agreements with the companies to help...

02:54 PM EST, 01/03/2025 (MT Newswires) -- Helen of Troy's (HELE) is expected to report fiscal Q3 results on Wednesday, with analysts projecting persistent macroeconomic and competitive pressures to weigh on top-line performance, Oppenheimer said Friday in a note. While the company's management has made strides in distribution, Oppenheimer notes these efforts may not yet suffice to spur a turnaround....

03:10 PM EST, 01/03/2025 (MT Newswires) -- Alset (AEI) said Friday it has closed its registered direct offering of 1.5 million shares at $1.00 per share, raising gross proceeds of $1.5 million. Net proceeds will be used for general corporate purposes and working capital, the company said. The shares were down more than 13% in recent trading. Price: 1.19, Change:...

03:04 PM EST, 01/03/2025 (MT Newswires) -- Ford Motor ( F ) and General Motors ( GM ) on Friday reported year-over-year gains in 2024 and fourth-quarter US vehicle sales, aided by electric vehicle strength. Ford's full-year sales rose 4.2% to about 2.08 million vehicles, with hybrid and EV sales jumping 40% and 35%, respectively. Each of the company's EVs...