NEW YORK (Reuters) - Shares of mortgage finance companies Fannie Mae and Freddie Mac rose more than 5 percent before the bell on Thursday after the House of Representatives passed a housing rescue plan a day earlier.
Fannie shares rose 6.7 percent to $16 after closing on Wednesday at $15. Freddie shares were up 5.1 percent at $11.35. They closed Wednesday at $10.80.
(Reporting by Steven C. Johnson; Editing by Kenneth Barry)
WASHINGTON (Reuters) - Senate Democrats reached a compromise on Saturday with a holdout senator that secured the 60 votes they need to pass a broad healthcare overhaul sought by President Barack Obama.
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