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Stocks to Watch for Monday September 8

Mike Havrilla (September 7th, 2008) Writes:
The End for Fannie and Freddie Shareholders? A government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) could be announced as early as today, with shareholders of the common stock facing the grim prospect of having their equity completely erased along with other major executive changes at the companies in a move to stabilize the mortgage market and housing recession. Altria Acquires a Taste for Smokeless Tobacco: Shares of smokeless tobacco company UST surged 25% on Friday on word that Altria (MO) will buy its smaller rival for $10 billion with a deal expected as early as tomorrow morning. Lehman Interest from the Far East? Japan-based Nomura Holdings may consider a strategic investment in Lehman Brothers (LEH), pending a review of the investment bank's operating results as early as this week. Boeing and machinists work to avert ...

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