Miami, FL -- (SBWIRE) -- 07/15/2013 -- DailyStockReporter.com, a leading online financial newsletter source, Reports on the following: New Western Energy Corporation (NASDAQ: NWTR), Astra International tbk PT (NASDAQ: PTAIY), Federal Home Loan Mortgage Corporation (NASDAQ:FMCC)
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New Western Energy Corporation (NASDAQ: NWTR), New Western Energy Corporation engages in the acquisition, exploration, and development of oil, gas, and mineral properties in the United States. It holds interests in various properties located in Oklahoma, Kansas, Texas, and Pennsylvania. The company was founded in 2008 and is based in Irvine, California.
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Astra International tbk PT (NASDAQ: PTAIY), PT Astra International Tbk engages in automotive, financial services, heavy equipment, mining, agribusiness, information technology (IT), infrastructure, and logistics activities in Indonesia. It provides automobiles, trucks, and motorcycles; produces, sells, and exports automotive components to the original equipment and replacement markets, as well as automobile and motorcycle financing, banking, and heavy equipment financing services, as well as general insurance products, such as automotive, health, heavy equipment, marine, fire, and personal accident insurance for the retail and the corporate market. The company also distributes heavy equipment products for the mining, construction, forestry, and agribusiness industries; provides coal mining contracting services; operates coal mines; and produces crude palm oil. In addition, it offers IT business solutions in the fields of infrastructure, professional, and outsourcing services, as well as document solutions. Further, the company operates toll roads; a marshalling yard; and covered tanks for oil, as well as provides clean water services. Additionally, it is involved in used?car sales, logistics, and public transportation operations. The company was formerly known as PT Astra International Incorporated and changed it name to PT Astra International Tbk in 1990. The company was founded in 1957 and is headquartered in Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Ltd.
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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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