Armour Residential (ARR) announces a secondary offering of 65M shares (current float about 309M...

|By:, SA News Editor

Armour Residential (ARR) announces a secondary offering of 65M shares (current float about 309M shares) and preliminary Q4 data: REIT income should approximate dividends paid of $0.27. Book value/share of $7.28-$7.30 on Dec. 31 dropping to $6.70-$6.76 today. Shares -2.4% AH to $6.92. (PRs I, II)