CCA Industries Inc
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Consumer Staples : Personal Products | Small Cap ValueCompany profile

CCA Industries, Inc. (CCA) manufactures and distributes health and beauty aid products. The Company is engaged in the sale of products in several health-and-beauty aids over-the-counter drug and remedies, and cosmeceutical categories. Under its brand names, the Company markets several different but categorically related products. The Company's principal brand and trademark names include Plus+White (oral health-care products), Sudden Change (skin-care products), Nutra Nail (nail treatments), Bikini Zone (pre and after-shave products), Hair Off (depilatories), Solar Sense (sun-care products), Sunset Cafe (perfumes), Lobe Wonder (ear-care product) and Scar Zone (scar diminishing cream).The Company markets its products to drug, food and mass-merchandise retail chains, warehouse clubs and wholesalers, throughout the United States, and through distributors internationally.

Closing Price
$2.77
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
3,066
0

UPDATE: Fannie Mae, Freddie Mac stocks sink after Trump administration's plan unveiled; Moody's says it's credit negative

2:20 pm ET September 6, 2019 (MarketWatch)
Print

Shares of Fannie Mae (FNMA) plunged 12.3% and Freddie Mac (FMCC) plummeted 11.4% in afternoon trading Friday, after the Trump administration unveiled its plan for housing finance reform (http://www.marketwatch.com/story/trump-administration-unveils-sweeping-plan-to-reform-housing-finance-system-2019-09-05), including recapitalization and ending the conservatorship of Fannie and Freddie. "Although Treasury does not believe a government guarantee is required, Treasury would support legislation that authorizes an explicit, paid-for guarantee backed by the full faith and credit of the Federal Government that is limited to the timely payment of principal and interest on qualifying mortgage-backed securities," the Treasury Department said. Moody's analyst Warren Kornfeld said he Treasury's proposals are "credit negative" for the government-sponsored enterprises' (GSE) unsecured creditors, as the reduction in the GSE's systemic importance wold reduce the likelihood of government support. Moody's rates Fannie's and Freddie's long-term senior unsecured debt at Aaa. Thursday's selloff in Fannie and Freddie shares come after both more than doubled year to date, with Fannie's stock up 145.8% and Freddie's up 134.0% this year. In comparison, the Dow Jones Industrial Average rose 14.8% year to date.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 06, 2019 14:20 ET (18:20 GMT)

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