Shares of Fannie Mae (OTC: FNMA), the mortgage giant, are climbing in trading today. At last check, FNMA shares were trading 3.60% higher at $0.933 on above average volume of 42.80 million. The stock hit an intra-day high of $1 earlier today. FNMA shares have gained more than 13.20% in the last three trading sessions.
FNMA shares are gaining momentum after the company reported record pre-tax income for the first quarter ended March 31, 2013. FNMA also said that it plans to pay the U.S. Treasury Department $59.4 billion by the end of June.
Shares of iTalk Inc. (OTC: TALK), a wireless technology value added reseller focusing on the development and launch of technology and products in the communications market, are rallying in trading today. At last check, TALK shares were trading 7.35% higher at $1.46 on volume of 1.71 million. The stock touched an intra-day high of $1.48 earlier today. TALK shares have gained more than 19.50% in the last three trading sessions.
TALK shares are climbing after the company announced the signing of comprehensive distribution agreement with Prouty Company LLC. David F. Levy, CEO of iTalk, said that the company is very excited that an established company with the size and strength of Prouty Company has chosen to partner with it.
Shares of Nuvilex Inc. (OTC: NVLX), a biotechnology and life technology company engaged in the development and marketing of products for enhancing the health and well-being worldwide, are soaring in trading today. At last check, NVLX shares were trading 18.41% higher at $0.150 on above average volume of 9.30 million. The stock hit an intra-day high of $0.16 earlier today. NVLX shares have gained more than 27.40% in the last three trading sessions.
NVLX shares are climbing after The KonLin Letter reiterated upside potential of the company in its report for the month of May.
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