Armour Residential R (ARR) 19.94 $ARR
Why Residential REITs are on Investors Due-Diligence List? - Monogram Residential Trust, Apartment Investment and Management, ARMOUR Residential REIT, and EdR
PR Newswire - Wed May 25, 7:30AM CDT
ActiveWallSt.com has four Residential REITs equities for your review today: Monogram Residential Trust Inc. (NYSE: MORE), Apartment Investment and Management Co. (NYSE: AIV), ARMOUR Residential REIT Inc. (NYSE: ARR), and EdR (NYSE: EDR). Sign up and register for our free REITs technical alerts by clicking below:
ARR: 19.94 (-0.13), MORE: 9.80 (-0.03), AIV: 40.83 (-0.09), EDR: 42.84 (+0.24)
Downgrade Alert for Armour Residential REIT (ARR)
Comtex SmarTrend(R) - Thu May 05, 4:05AM CDT
Armour Residential REIT (NYSE:ARR) was downgraded from Buy to Neutral at Ladenburg today. The stock closed yesterday at $20.01 on volume of 1.1 million shares, above average daily volume of 450,000. ARMOUR Residential REIT Inc. invests primarily in hybrid adjustable-rate, adjustable-rate and fixed-rate residential mortgage-backed securities issued or guaranteed by a U.S. Government-chartered entity. The Company intends to elect and qualify to be taxed as a real estate investment trust commencing with their taxable year ending December 31, 2009.
ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. Reports Financial Results for the Three Months Ended March 31, 2016
GlobeNewswire - Mon May 02, 3:45PM CDT
May and June Common Dividends of $0.22 Per Share Declared
ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. First Quarter Webcast Scheduled For May 3, 2016
PR Newswire - Fri Apr 29, 3:30PM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company"
announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering first quarter 2016 operating results on Tuesday, May 3, 2016. The Company will issue its first quarter 2016 earnings release after the close of trading on Monday, May 2, 2016.
ARR: 19.94 (-0.13)
ARMOUR Completes $85.2 Million Cash Acquisition of Javelin
GlobeNewswire - Wed Apr 06, 3:45PM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that ARMOUR has completed its $85.2 million cash acquisition of JAVELIN through a second-step merger (the "Merger" . At the effective time of the Merger, all of the remaining outstanding shares of JAVELIN common stock not purchased by ARMOUR in the previously announced cash tender offer (the "Tender Offer" were converted into the right to receive the same $7.18 per share cash price as in the Tender Offer. The aggregate cost of acquiring the tendered shares in the Tender Offer was approximately $48.7 million and the aggregate cost of the remaining shares to be purchased as a result of the Merger is approximately $36.5 million. Maryland law did not require that the Merger be approved by the JAVELIN stockholders. Upon consummation of the Merger, JAVELIN became a wholly-owned subsidiary of ARMOUR. As a result of the completion of the Merger, it is anticipated that the shares of JAVELIN common stock will cease to be traded on The New York Stock Exchange before the open of market on April 7, 2016.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR'S $85.2 Million Cash Tender Offer for Javelin Common Stock Meets Minimum Condition
GlobeNewswire - Mon Apr 04, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that ARMOUR's previously announced $85.2 million cash tender offer (the "Tender Offer" for all of the outstanding shares of common stock of JAVELIN (the "JAVELIN Common Stock" has successfully met the Minimum Condition, as defined in the Agreement and Plan of Merger dated as of March 1, 2016, among ARMOUR, JMI Acquisition Corporation ("Acquisition" and JAVELIN (the "Merger Agreement" . ARMOUR, through its newly formed subsidiary, Acquisition, has agreed to purchase 6,785,972 shares of JAVELIN Common Stock that were properly tendered (including 594,297 shares tendered through notices of guaranteed delivery) and not withdrawn prior to the expiration of the Tender Offer at the tender offer price of $7.18 per share, for an aggregate cost of approximately $48.7 million, excluding fees and expenses relating to the Tender Offer. The 6,785,972 shares of JAVELIN Common Stock that ARMOUR has agreed to purchase in the Tender Offer (including the shares tendered through notices of guaranteed delivery) will result in ARMOUR's ownership of approximately 57.2% of JAVELIN Common Stock outstanding as of April 1, 2016.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR Residential REIT, Inc. Announces April 2016 Dividend Rate Per Common Share and Confirms Q2 2016 Monthly Dividend Rates Per Preferred Share
GlobeNewswire - Mon Apr 04, 4:55AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company" today announced the April 2016 cash dividend rate of $0.27 per share for the Company's Common Stock. The reduction from the previous $0.33 per share monthly dividend rate is consistent with management's comments on the Company's February 19, 2016, earnings conference call. A replay of the earnings conference call is available on ARMOUR's website at http://www.armourreit.com for one year from the date of the earnings conference call. The Company also confirmed the Q2 2016 monthly cash dividend rates for the Company's Series A and Series B Preferred Stock.
ARR: 19.94 (-0.13)
Maryland Court Denies Preliminary Injunction Against ARMOUR's Tender Offer for Shares of JAVELIN Common Stock
GlobeNewswire - Fri Apr 01, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that the Circuit Court for Baltimore City has denied a motion seeking to enjoin ARMOUR's completion of its previously announced tender offer to purchase, through its newly formed subsidiary, JMI Acquisition Corporation ("Acquisition" , all of the outstanding shares of common stock of JAVELIN ("JAVELIN Common Stock" for $7.18 per share in cash (the "Tender Offer" . The Court's order, entered in a putative class action captioned Stourbridge Investments Ltd. v. Staton, et al., (Case No. 24C16001542), denied a request for a preliminary injunction.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
SmarTrend Watching for Potential Pullback in Shares of Armour Residential REIT After 2.16% Gain
Comtex SmarTrend(R) - Mon Mar 21, 4:53PM CDT
Armour Residential REIT (NYSE:ARR) traded in a range yesterday that spanned from a low of $20.82 to a high of $21.23. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $20.99 on volume of 205,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ARR: 19.94 (-0.13)
ARMOUR Announces Final Cash Purchase Price Per Share for Shares of JAVELIN Common Stock in Tender Offer
GlobeNewswire - Mon Mar 21, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" announced today the final cash purchase price per share (the "Tender Offer Price" of common stock ("JAVELIN Common Stock" of JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" offered by ARMOUR pursuant to its previously announced offer (the "Tender Offer" to purchase, through its newly formed subsidiary, JMI Acquisition Corporation ("Acquisition" , all of the shares of JAVELIN Common Stock.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Harwood Feffer LLP Announces Investigation of JAVELIN Mortgage Investment Corp. (JMI)
PR Newswire - Fri Mar 04, 3:06PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of JAVELIN Mortgage Investment Corp. ("JAVELIN" or the "Company" (NYSE: JMI) concerning the proposed acquisition of the Company by ARMOUR Residential REIT, Inc. ("ARMOUR" (NYSE: ARR), an entity related to Javelin's current external manager, ARMOUR Capital Management LP ("ACM" . Eight of the Company's nine current directors have financial ties with ARMOUR or ACM, including seven of JAVELIN's board members holding conflicting membership on ARMOUR's board of directors.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
JAVELIN MORTGAGE INVESTMENT CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to ARMOUR Residential REIT Inc.
BusinessWire - Fri Mar 04, 10:47AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of JAVELIN Mortgage Investment Corp. ("JAVELIN" (NYSE: JMI) concerning the sale to ARMOUR Residential REIT Inc. Under the terms of the agreement, JAVELIN shareholders will only receive $7.14 in cash for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst's estimated value of $8.50 per share.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Robbins Arroyo LLP: Acquisition of JAVELIN Mortgage Investment Corp (JMI) by ARMOUR Residential REIT Inc (ARR) May Not Be in Shareholders' Best Interests
BusinessWire - Wed Mar 02, 2:03PM CST
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of JAVELIN Mortgage Investment Corp. (NYSE: JMI) by ARMOUR Residential REIT Inc. (NYSE: ARR). On March 2, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which ARMOUR will acquire JAVELIN. Under the terms of the agreement, JAVELIN shareholders will receive $7.14 in cash for each share of JAVELIN common stock.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Wolf Popper LLP Investigates Conflicts and Low Price in Buyout of Javelin Mortgage Investment Corp.
PR Newswire - Wed Mar 02, 1:24PM CST
Today, Javelin Mortgage Investment Corp. (NYSE: JMI) announced that it was being acquired by Armour Residential REIT, Inc. (NYSE: ARR) for $7.14 per share. While the offer price represents a 19% premium to the company's stock price prior to the announcement of the deal, the offer price is significantly less than Javelin's 52-week high of $8.98 per share, less than its book value, and otherwise low when compared with other comparable transactions.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR Residential REIT, Inc. Announces February 2016 Dividend Rate Per Common Share
GlobeNewswire - Thu Jan 28, 4:55AM CST
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company" today announced the February 2016 cash dividend rate for the Company's Common Stock.
ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. Announces January 2016 Dividend Rate Per Common Share and Confirms Q1 2016 Monthly Dividend Rates Per Preferred Share
GlobeNewswire - Mon Jan 04, 5:00AM CST
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company" today announced the January 2016 cash dividend rate for the Company's Common Stock and confirmed the Q1 2016 monthly cash dividend rates for the Company's Series A and Series B Preferred Stock.
ARR: 19.94 (-0.13)
Why Residential REITs are on Investors Due-Diligence List? - Monogram Residential Trust, Apartment Investment and Management, ARMOUR Residential REIT, and EdR
PR Newswire - Wed May 25, 7:30AM CDT
ActiveWallSt.com has four Residential REITs equities for your review today: Monogram Residential Trust Inc. (NYSE: MORE), Apartment Investment and Management Co. (NYSE: AIV), ARMOUR Residential REIT Inc. (NYSE: ARR), and EdR (NYSE: EDR). Sign up and register for our free REITs technical alerts by clicking below:
ARR: 19.94 (-0.13), MORE: 9.80 (-0.03), AIV: 40.83 (-0.09), EDR: 42.84 (+0.24)
Downgrade Alert for Armour Residential REIT (ARR)
Comtex SmarTrend(R) - Thu May 05, 4:05AM CDT
Armour Residential REIT (NYSE:ARR) was downgraded from Buy to Neutral at Ladenburg today. The stock closed yesterday at $20.01 on volume of 1.1 million shares, above average daily volume of 450,000. ARMOUR Residential REIT Inc. invests primarily in hybrid adjustable-rate, adjustable-rate and fixed-rate residential mortgage-backed securities issued or guaranteed by a U.S. Government-chartered entity. The Company intends to elect and qualify to be taxed as a real estate investment trust commencing with their taxable year ending December 31, 2009.
ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. Reports Financial Results for the Three Months Ended March 31, 2016
GlobeNewswire - Mon May 02, 3:45PM CDT
May and June Common Dividends of $0.22 Per Share Declared
ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. First Quarter Webcast Scheduled For May 3, 2016
PR Newswire - Fri Apr 29, 3:30PM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company"
announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering first quarter 2016 operating results on Tuesday, May 3, 2016. The Company will issue its first quarter 2016 earnings release after the close of trading on Monday, May 2, 2016. ARR: 19.94 (-0.13)
ARMOUR Completes $85.2 Million Cash Acquisition of Javelin
GlobeNewswire - Wed Apr 06, 3:45PM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR"
and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that ARMOUR has completed its $85.2 million cash acquisition of JAVELIN through a second-step merger (the "Merger" . At the effective time of the Merger, all of the remaining outstanding shares of JAVELIN common stock not purchased by ARMOUR in the previously announced cash tender offer (the "Tender Offer" were converted into the right to receive the same $7.18 per share cash price as in the Tender Offer. The aggregate cost of acquiring the tendered shares in the Tender Offer was approximately $48.7 million and the aggregate cost of the remaining shares to be purchased as a result of the Merger is approximately $36.5 million. Maryland law did not require that the Merger be approved by the JAVELIN stockholders. Upon consummation of the Merger, JAVELIN became a wholly-owned subsidiary of ARMOUR. As a result of the completion of the Merger, it is anticipated that the shares of JAVELIN common stock will cease to be traded on The New York Stock Exchange before the open of market on April 7, 2016. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR'S $85.2 Million Cash Tender Offer for Javelin Common Stock Meets Minimum Condition
GlobeNewswire - Mon Apr 04, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR"
and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that ARMOUR's previously announced $85.2 million cash tender offer (the "Tender Offer" for all of the outstanding shares of common stock of JAVELIN (the "JAVELIN Common Stock" has successfully met the Minimum Condition, as defined in the Agreement and Plan of Merger dated as of March 1, 2016, among ARMOUR, JMI Acquisition Corporation ("Acquisition" and JAVELIN (the "Merger Agreement" . ARMOUR, through its newly formed subsidiary, Acquisition, has agreed to purchase 6,785,972 shares of JAVELIN Common Stock that were properly tendered (including 594,297 shares tendered through notices of guaranteed delivery) and not withdrawn prior to the expiration of the Tender Offer at the tender offer price of $7.18 per share, for an aggregate cost of approximately $48.7 million, excluding fees and expenses relating to the Tender Offer. The 6,785,972 shares of JAVELIN Common Stock that ARMOUR has agreed to purchase in the Tender Offer (including the shares tendered through notices of guaranteed delivery) will result in ARMOUR's ownership of approximately 57.2% of JAVELIN Common Stock outstanding as of April 1, 2016. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR Residential REIT, Inc. Announces April 2016 Dividend Rate Per Common Share and Confirms Q2 2016 Monthly Dividend Rates Per Preferred Share
GlobeNewswire - Mon Apr 04, 4:55AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company"
today announced the April 2016 cash dividend rate of $0.27 per share for the Company's Common Stock. The reduction from the previous $0.33 per share monthly dividend rate is consistent with management's comments on the Company's February 19, 2016, earnings conference call. A replay of the earnings conference call is available on ARMOUR's website at http://www.armourreit.com for one year from the date of the earnings conference call. The Company also confirmed the Q2 2016 monthly cash dividend rates for the Company's Series A and Series B Preferred Stock. ARR: 19.94 (-0.13)
Maryland Court Denies Preliminary Injunction Against ARMOUR's Tender Offer for Shares of JAVELIN Common Stock
GlobeNewswire - Fri Apr 01, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR"
and JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" today announced that the Circuit Court for Baltimore City has denied a motion seeking to enjoin ARMOUR's completion of its previously announced tender offer to purchase, through its newly formed subsidiary, JMI Acquisition Corporation ("Acquisition" , all of the outstanding shares of common stock of JAVELIN ("JAVELIN Common Stock" for $7.18 per share in cash (the "Tender Offer" . The Court's order, entered in a putative class action captioned Stourbridge Investments Ltd. v. Staton, et al., (Case No. 24C16001542), denied a request for a preliminary injunction. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
SmarTrend Watching for Potential Pullback in Shares of Armour Residential REIT After 2.16% Gain
Comtex SmarTrend(R) - Mon Mar 21, 4:53PM CDT
Armour Residential REIT (NYSE:ARR) traded in a range yesterday that spanned from a low of $20.82 to a high of $21.23. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $20.99 on volume of 205,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ARR: 19.94 (-0.13)
ARMOUR Announces Final Cash Purchase Price Per Share for Shares of JAVELIN Common Stock in Tender Offer
GlobeNewswire - Mon Mar 21, 5:00AM CDT
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR"
announced today the final cash purchase price per share (the "Tender Offer Price" of common stock ("JAVELIN Common Stock" of JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" offered by ARMOUR pursuant to its previously announced offer (the "Tender Offer" to purchase, through its newly formed subsidiary, JMI Acquisition Corporation ("Acquisition" , all of the shares of JAVELIN Common Stock. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Harwood Feffer LLP Announces Investigation of JAVELIN Mortgage Investment Corp. (JMI)
PR Newswire - Fri Mar 04, 3:06PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of JAVELIN Mortgage Investment Corp. ("JAVELIN" or the "Company"
(NYSE: JMI) concerning the proposed acquisition of the Company by ARMOUR Residential REIT, Inc. ("ARMOUR" (NYSE: ARR), an entity related to Javelin's current external manager, ARMOUR Capital Management LP ("ACM" . Eight of the Company's nine current directors have financial ties with ARMOUR or ACM, including seven of JAVELIN's board members holding conflicting membership on ARMOUR's board of directors. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
JAVELIN MORTGAGE INVESTMENT CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to ARMOUR Residential REIT Inc.
BusinessWire - Fri Mar 04, 10:47AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of JAVELIN Mortgage Investment Corp. ("JAVELIN"
(NYSE: JMI) concerning the sale to ARMOUR Residential REIT Inc. Under the terms of the agreement, JAVELIN shareholders will only receive $7.14 in cash for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst's estimated value of $8.50 per share. ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Robbins Arroyo LLP: Acquisition of JAVELIN Mortgage Investment Corp (JMI) by ARMOUR Residential REIT Inc (ARR) May Not Be in Shareholders' Best Interests
BusinessWire - Wed Mar 02, 2:03PM CST
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of JAVELIN Mortgage Investment Corp. (NYSE: JMI) by ARMOUR Residential REIT Inc. (NYSE: ARR). On March 2, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which ARMOUR will acquire JAVELIN. Under the terms of the agreement, JAVELIN shareholders will receive $7.14 in cash for each share of JAVELIN common stock.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
Wolf Popper LLP Investigates Conflicts and Low Price in Buyout of Javelin Mortgage Investment Corp.
PR Newswire - Wed Mar 02, 1:24PM CST
Today, Javelin Mortgage Investment Corp. (NYSE: JMI) announced that it was being acquired by Armour Residential REIT, Inc. (NYSE: ARR) for $7.14 per share. While the offer price represents a 19% premium to the company's stock price prior to the announcement of the deal, the offer price is significantly less than Javelin's 52-week high of $8.98 per share, less than its book value, and otherwise low when compared with other comparable transactions.
ARR: 19.94 (-0.13), JMI: 7.18 (+0.01)
ARMOUR Residential REIT, Inc. Announces February 2016 Dividend Rate Per Common Share
GlobeNewswire - Thu Jan 28, 4:55AM CST
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company"
today announced the February 2016 cash dividend rate for the Company's Common Stock. ARR: 19.94 (-0.13)
ARMOUR Residential REIT, Inc. Announces January 2016 Dividend Rate Per Common Share and Confirms Q1 2016 Monthly Dividend Rates Per Preferred Share
GlobeNewswire - Mon Jan 04, 5:00AM CST
ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) ("ARMOUR" or the "Company"
today announced the January 2016 cash dividend rate for the Company's Common Stock and confirmed the Q1 2016 monthly cash dividend rates for the Company's Series A and Series B Preferred Stock. ARR: 19.94 (-0.13)
