Javelin Mortgage Investment Co (JMI) 7.18 $JMI
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: 22.55 (+0.86), 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Stock that were properly tendered (including 594,297 shares tendered through notices of guaranteed delivery) and not withdrawn prior to the expiration of the Tender Offer at the tender offer price of $7.18 per share, for an aggregate cost of approximately $48.7 million, excluding fees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: 22.55 (+0.86), JMI: 7.18 (+0.01)
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: 22.55 (+0.86), JMI: 7.18 (+0.01)
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: 22.55 (+0.86), JMI: 7.18 (+0.01)
Law Offices of Marc S. Henzel Commences Investigation of Companies for Violations of the Federal Securities Laws
PR Newswire - Fri Mar 11, 8:11AM CST
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to shareholders of investigation into the following securities for violations of the Federal Securities Laws:
POWR: 18.76 (+0.02), HDP: 12.69 (+0.09), TK: 5.83 (+0.29), PTCT: 6.26 (+0.40), TUMI: 26.74 (-0.01), RMTI: 7.75 (+0.12), SRE: 110.35 (-0.44), CKEC: 30.21 (-0.01), JMI: 7.18 (+0.01), CKP: 10.14 (unch), WILC: 4.79 (+0.19)
Javelin Mortgage Investment Corp. Reports Q4 2015 ROE of 11.6% From Core Income of $3.5 Million or $0.29 Per Common Share, Net Income of $5.2 Million or $0.44 Per Common Share
GlobeNewswire - Thu Mar 03, 3:55PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced financial results for the quarter ended December 31, 2015.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces February 2016 Dividend Rate Per Common Share
GlobeNewswire - Thu Jan 28, 5:05AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced the February 2016 cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Confirms January 2016 Dividend Rate Per Common Share
GlobeNewswire - Mon Jan 04, 5:00AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today confirmed the January 2016 cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces Expected January 2016 Dividend Rate Per Common Share
GlobeNewswire - Wed Dec 23, 3:15PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced the January 2016 expected cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
Wolverine Asset Management Delivers Letter to Board of Directors of JAVELIN Mortgage Investment Corp.
PR Newswire - Tue Dec 15, 9:55AM CST
Wolverine Asset Management, LLC ("WAM", the manager for Wolverine Flagship Fund Trading Limited, a multi-strategy private investment fund with approximately $1.6 billion in assets under management, and one of the largest shareholders of JAVELIN Mortgage Investment Corp. (NYSE: JMI) ("JAVELIN" or the "Company" with beneficial ownership of approximately 5.1% of the Company's outstanding shares, today announced that it has sent a letter to the JAVELIN Board of Directors (the "Board", the full text of which is below.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces $2.1 Million Expense Reductions and Expanded 2 Million Share Repurchase Program
GlobeNewswire - Mon Dec 14, 6:45AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" announced two measures to reduce expenses, and also approved an expansion of the Company's share repurchase plan. The expense reduction measures are expected to reduce costs by approximately $2.1 million annually.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Reports Q3 2015 Core Income of $3.7 Million
GlobeNewswire - Fri Nov 06, 3:45PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced financial results for the quarter ended September 30, 2015.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces December 2015 Dividend Rate Per Common Share
GlobeNewswire - Thu Nov 05, 3:55PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced the December 2015 cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces November 2015 Dividend Rate Per Common Share
GlobeNewswire - Mon Oct 26, 5:55AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced the November 2015 cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Confirms October 2015 Dividend Rate Per Common Share
GlobeNewswire - Fri Oct 02, 5:55AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today confirmed the October 2015 cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces Expected October 2015 Dividend Rate Per Common Share
GlobeNewswire - Fri Sep 25, 5:00AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" today announced the October 2015 expected cash dividend rate for the Company's Common Stock.
JMI: 7.18 (+0.01)
SCOTT ULM of JAVELIN Mortgage Investment Corp. (JMI)-NYSE bought Shares of JMI
M2 - Wed Aug 05, 7:43AM CDT
Reported by InsiderCow.com at 2015-08-04 13:57:17 ET
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Second Quarter Conference Call Scheduled for August 3, 2015
GlobeNewswire - Thu Jul 30, 3:05PM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company" announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering second quarter 2015 operating results on Monday, August 3, 2015. The Company will issue its second quarter 2015 earnings release on Friday, July 31, 2015.
JMI: 7.18 (+0.01)
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: 22.55 (+0.86), 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: 22.55 (+0.86), JMI: 7.18 (+0.01)
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: 22.55 (+0.86), JMI: 7.18 (+0.01)
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: 22.55 (+0.86), JMI: 7.18 (+0.01)
Law Offices of Marc S. Henzel Commences Investigation of Companies for Violations of the Federal Securities Laws
PR Newswire - Fri Mar 11, 8:11AM CST
The Law Offices of Marc S. Henzel (www.henzellaw.com), a firm focusing on shareholder litigation, gives notice to shareholders of investigation into the following securities for violations of the Federal Securities Laws:
POWR: 18.76 (+0.02), HDP: 12.69 (+0.09), TK: 5.83 (+0.29), PTCT: 6.26 (+0.40), TUMI: 26.74 (-0.01), RMTI: 7.75 (+0.12), SRE: 110.35 (-0.44), CKEC: 30.21 (-0.01), JMI: 7.18 (+0.01), CKP: 10.14 (unch), WILC: 4.79 (+0.19)
Javelin Mortgage Investment Corp. Reports Q4 2015 ROE of 11.6% From Core Income of $3.5 Million or $0.29 Per Common Share, Net Income of $5.2 Million or $0.44 Per Common Share
GlobeNewswire - Thu Mar 03, 3:55PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced financial results for the quarter ended December 31, 2015. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces February 2016 Dividend Rate Per Common Share
GlobeNewswire - Thu Jan 28, 5:05AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced the February 2016 cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Confirms January 2016 Dividend Rate Per Common Share
GlobeNewswire - Mon Jan 04, 5:00AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today confirmed the January 2016 cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces Expected January 2016 Dividend Rate Per Common Share
GlobeNewswire - Wed Dec 23, 3:15PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced the January 2016 expected cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
Wolverine Asset Management Delivers Letter to Board of Directors of JAVELIN Mortgage Investment Corp.
PR Newswire - Tue Dec 15, 9:55AM CST
Wolverine Asset Management, LLC ("WAM"
, the manager for Wolverine Flagship Fund Trading Limited, a multi-strategy private investment fund with approximately $1.6 billion in assets under management, and one of the largest shareholders of JAVELIN Mortgage Investment Corp. (NYSE: JMI) ("JAVELIN" or the "Company" with beneficial ownership of approximately 5.1% of the Company's outstanding shares, today announced that it has sent a letter to the JAVELIN Board of Directors (the "Board", the full text of which is below. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces $2.1 Million Expense Reductions and Expanded 2 Million Share Repurchase Program
GlobeNewswire - Mon Dec 14, 6:45AM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
announced two measures to reduce expenses, and also approved an expansion of the Company's share repurchase plan. The expense reduction measures are expected to reduce costs by approximately $2.1 million annually. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Reports Q3 2015 Core Income of $3.7 Million
GlobeNewswire - Fri Nov 06, 3:45PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced financial results for the quarter ended September 30, 2015. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces December 2015 Dividend Rate Per Common Share
GlobeNewswire - Thu Nov 05, 3:55PM CST
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced the December 2015 cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces November 2015 Dividend Rate Per Common Share
GlobeNewswire - Mon Oct 26, 5:55AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced the November 2015 cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Confirms October 2015 Dividend Rate Per Common Share
GlobeNewswire - Fri Oct 02, 5:55AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today confirmed the October 2015 cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Announces Expected October 2015 Dividend Rate Per Common Share
GlobeNewswire - Fri Sep 25, 5:00AM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
today announced the October 2015 expected cash dividend rate for the Company's Common Stock. JMI: 7.18 (+0.01)
SCOTT ULM of JAVELIN Mortgage Investment Corp. (JMI)-NYSE bought Shares of JMI
M2 - Wed Aug 05, 7:43AM CDT
Reported by InsiderCow.com at 2015-08-04 13:57:17 ET
JMI: 7.18 (+0.01)
JAVELIN Mortgage Investment Corp. Second Quarter Conference Call Scheduled for August 3, 2015
GlobeNewswire - Thu Jul 30, 3:05PM CDT
JAVELIN Mortgage Investment Corp. (NYSE:JMI) ("JAVELIN" or the "Company"
announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering second quarter 2015 operating results on Monday, August 3, 2015. The Company will issue its second quarter 2015 earnings release on Friday, July 31, 2015. JMI: 7.18 (+0.01)
