NEW YORK, April 01, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Apple Inc, Federal Home Loan Mortgage Corp, SK3 Group.
Federal Home Loan Mortgage Corp(OTC:FMCC ) shares gained climbed 8.54% to $0.735. Former Freddie Mac chief executive Richard Syron and two other one-time executives on Mar. 30 said it lost their bid to escape a U.S. regulator's lawsuit accusing them of misleading investors about the company's exposure to risky mortgage loans. U.S. District Judge Richard Sullivan in Manhattan partially granted but otherwise denied the defendants' motion to dismiss the case, one of the biggest enforcement actions brought against executives spilling out of the financial crisis.
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Additionally, the company, on March 18 said it sold $3 billion of reference bills at lower rates and mixed demand compared with last week's sale of similar maturities. Freddie Mac said it sold $1.5 billion of three-month bills, due June 17, 2013, at a 0.107 percent rate, down from the 0.113 percent rate for its sale of $1.5 billion three-month bills on March 11.
SK3 Group, Inc. (PINK:SKTO) stock surged 17.69% to $0.0519. The company, on Mar. 22, announced that its newly acquired subsidiary, Medical Greens™, has contracted for over $30 Million in annual licensing, management, and logistic services from collectives throughout California, after only its first full week of operations under SK3 Group, Inc.
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Additionally, the company, on Mar. 11, announces that it has acquired Medical Greens (TM) and has changed its business model to focus purely in the medical marijuana space. Medical Greens (TM) currently provides licensing, management, and logistic services for Medical Marijuana collectives throughout California. In 2013 alone, Medical Greens (TM) has already contracted over $12.5 Million in licensing and service agreements.
The U.S. Patent and Trademark Office has denied Apple Inc.(NASDAQ:AAPL) request to trademark the term "iPad Mini," saying that "mini" is "merely descriptive" of things sold in miniature form.
Although Apple can appeal the decision, it will need to address the reasons for denial first for reversal.
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"In this case, both the individual components and the composite result are descriptive of applicant's goods and do not create a unique, incongruous, or non-descriptive meaning in relation to the goods being small handheld mobile
devices comprising tablet computers capable of providing Internet access," the office said.
The reviewer also cited evidence from the Internet that showed the widespread use of the term "mini" to describe the small size of various digital devices.
In November 2012, Apple had filed a trademark application for a "handheld mobile digital electronic device comprising a tablet computer, electronic book and periodical reader, digital audio and video player, camera,
electronic personal organizer, personal digital assistant, electronic calendar, and mapping and global positioning system (GPS) device, and capable of providing access to the Internet and sending, receiving, and storing messages and other data."
Shares of the company tumbled 2%.
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