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Reuters talks to portfolio managers and strategists to find what's on the horizon. Learn how to position your portfolio in the year ahead.   Full Coverage 

Freddie and Fannie shares open lower on capital fears

NEW YORK
Thu Jul 10, 2008 10:17am EDT

NEW YORK (Reuters) - Shares of Freddie Mac and Fannie Mae posted sharp losses at the market open on Thursday on persistent fears that the two providers of home financing may need a substantial injection of capital.

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Shares of Freddie and Fannie fell as much as 16 percent on the New York Stock Exchange.

(Reporting by Walter Brandimarte; Editing by Theodore d'Afflisio)
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Investment Outlook Summit

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