Miami, FL -- (SBWire) -- 07/08/2013 --Miami, FL, July 08, 2013 - DailyStockReporter.com, a leading online financial newsletter source, Reports on the following Companies: Federal Home Loan Mortgage Corporation. (NASDAQ: FMCC), Arch Therapeutics Inc. (NASDAQ: ARTH), Peak Resources Limited (NASDAQ: PKRLY)
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Federal Home Loan Mortgage Corporation. (NASDAQ: FMCC), Federal Home Loan Mortgage Corporation provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily. The Single-Family Guarantee segment purchases single-family mortgage loans originated by its seller/servicers in the primary mortgage market; securitizes the purchased mortgage loans into guaranteed mortgage-related securities; and guarantees the payment of principal and interest on the mortgage-related securities. This segment serves lenders, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, housing finance agencies (HFAs), and savings and loan associations. The Investments segment invests principally in mortgage-related securities and single-family performing mortgage loans that are funded by other debt issuances and hedged using derivatives. It serves insurance companies, money managers, central banks, depository institutions, and pension funds. The Multifamily segment engages in the investment, purchase, sale, securitization, and guarantee of multifamily mortgage loans and securities; issues other structured securities; guarantees multifamily HFA bonds and housing revenue bonds held by third parties; and offers post-construction financing to larger apartment project operators. Federal Home Loan Mortgage Corporation was founded in 1970 and is headquartered in McLean, Virginia.
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Arch Therapeutics Inc. (NASDAQ: ARTH), Arch Therapeutics, Inc. operates as a life science company developing liquid polymers containing tiny peptides intended to form gel-like barriers over surgical wounds to stop or control bleeding. The company was formerly known as Clear Nano Solutions, Inc. It was founded in 2006 and is based in Natick, Massachusetts.
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Peak Resources Limited (NASDAQ: PKRLY), Peak Resources Limited engages in the exploration and evaluation of mineral licenses in Australia and Tanzania. The company primarily explores for rare earth and gold deposits. It principally owns 100% interests in the Ngualla Rare Earth project that is located to the northwest of Mbeya city, southern Tanzania. The company is headquartered in West Perth, Australia.
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