QUOTE AND NEWS
newratings.com  1 hr ago  Comment 
WASHINGTON (dpa-AFX) - American Capital Agency Corp (AGNC) on Monday reported second-quarter net earnings of $505 million or $1.43 per share compared with $27 million or $0.08 per share last year. Excluding "catch-up" premium amortization...
Benzinga  Jul 7  Comment 
At 10:30 am, the Dow dropped 0.96 percent to 17,513.85, the broader Standard & Poor's 500 index moved down 0.93 percent to 2,049.55 and the NASDAQ composite index fell 1.48 percent to 4,917.94. The industries that are still afloat in the market...




 
TOP CONTRIBUTORS

American Capital Agency, a mortgage REIT that was formed by American Capital Strategies (ACAS) to invest in Agency securities, priced its IPO at $20 as expected.

While the company sold only 10 million shares (versus 12.5 million as originally planned), the latest statement filed with the SEC on Wednesday suggests that parent ACAS purchased 5 million shares in a concurrent private placement and may acquire an additional 2.5 million shares in the private placement, which would result in a 43% ownership stake. Citi and Merrill Lynch acted as joint book-running managers for the offering.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki