More on American Capital Agency (AGNC) Q1 earnings: Comprehensive loss of $1.57/share includes $0.64 of net income and $2.21 loss on marked-to-market investments. Book value dives to $28.93 from $31.64 on Dec. 31. CIO Kain: "Specified mortgage securities also materially underperformed ... (and) led to the decline in our book value." Shares -2.4% to $32.32 AH. (PR) [View news story]
WHAT IS THIS. WAS AGNC HOLDING JUNKIER STUFF THAN ANYBODY KNEW?
They're calling it the "DeMarco Trade," and it's nailing mortgage REITs (at least those who focus on Agency paper) already stung by vanishing interest spreads. Agency MBS paper has been falling in price since the election, as Ed DeMarco's days as FHFA chief seem numbered, paving the way for principal forgiveness, "the mother of all pre-payment waves." [View news story]
The mortgage REIT sector is lit up green following Western Asset Mortgage's (WMC +7.3%) big dividend increase last night and the upping of its book value by 12% since June 30. That jump in book value could have investors wondering what other mREITs might be harboring such good news. [View news story]
NLY HAS SERVED ME WELL FOR YEARS. LESS EFFECTED IN MKT DOWNTURNS THAN MANY WELL-CAP CORPS. WITH TODAYS MKT INTEREST RATES IT CAN CONTINUE TO MAKE MONEY. REFI CAN EFFECT EARNINGS BUT THE FUNDAMENTAL PLAN IS STILL GREAT.
Will Gold Go To $3,000 No Matter Who Wins In November? [View article]
TO SAY THE ELECTION RESULTS MEAN NOTHING IS TO REFUTE THE WRITERS OWN LAMENT THAT OUR ENERGY POLICY IS A LOSER. IF OBAMA IS RE-ELECTED WE CAN EXPECT MORE FOOLISH, CORRUPT & NON-PRODUCTIVE "INVESTMENTS" IN GREEN ENERGY & MORE OBSTRUCTION OF USA PRODUCTIVE FOSSIL FUEL DEVELOPMENT. US ENERGY IS THE PATHWAY TO ECONOMIC RECOVERY!
Annaly (NLY -0.5%) investors may want to pay attention to the meltdown in the shares of Chimera Investment (CIM -8.7%) on the back of an SA article suggesting the firm (which hasn't filed an earnings release or financial information since 2011 Q3) could be headed towards a $0 dividend and/or delisting. Annaly owns a sizable chunk of Chimera and manages the company through a subsidiary. [View news story]
I HAVE YET TO SEE ANY HARD FACTS. HOW MUCH CIM DOES NLY OWN? WHAT % IS THAT OF NLY WORTH? CAN SOMEONE ANSWER THOSE ?
Shares of Lions Gate (LGF +1.9%) gain ground with news out that the company will release a digitally-remastered version of the second movie in the Hunger Games series for IMAX release in November of 2013. Instead of simply blowing up the movie for the larger screen format, part of it will be filmed utilizing special 3D cameras which may add to the buzz a bit as it's released. [View news story]
THE SUZANNE COLLINS TRILOGY IS A GREAT PROPERTY. I'M GLAD LGF IS TREATING IT WELL.THIS IS A BONANZA!
Pick Up Lions Gate Entertainment Shares After Earnings Miss [View article]
I HAVEN'T GIVEN UP ON LGF, I'D JUST LIKE TO SEE PROFIT FROM THE HOLLYWOOD HYPE. THE VOICE OF CLIFF ROBERTSON REVERBERATES IN MY HEAD: "WATCH OUT FOR HOLLYWOOD CREATIVE ACCOUNTING".
Pick Up Lions Gate Entertainment Shares After Earnings Miss [View article]
IF THESE ACQUISITION COSTS FROM SUMMIT ARE SO LARGE, IS IT A GOOD ACQUISITION? ISN'T THIS THE MOST EXPENSIVE WAY OF ACQUIRING PRODUCT. IN THE PAST LGF'S FINANCIAL EXPERTISE HAS BEEN QUESTIONED. THIS REPORT CAUSES ME CONCERN.
More on American Capital Agency (AGNC) Q1 earnings: Comprehensive loss of $1.57/share includes $0.64 of net income and $2.21 loss on marked-to-market investments. Book value dives to $28.93 from $31.64 on Dec. 31. CIO Kain: "Specified mortgage securities also materially underperformed ... (and) led to the decline in our book value." Shares -2.4% to $32.32 AH. (PR) [View news story]
Lions Gate Entertainment: Is It Too Late To Buy Into The Hunger Games Franchise? [View article]
They're calling it the "DeMarco Trade," and it's nailing mortgage REITs (at least those who focus on Agency paper) already stung by vanishing interest spreads. Agency MBS paper has been falling in price since the election, as Ed DeMarco's days as FHFA chief seem numbered, paving the way for principal forgiveness, "the mother of all pre-payment waves." [View news story]
The mortgage REIT sector is lit up green following Western Asset Mortgage's (WMC +7.3%) big dividend increase last night and the upping of its book value by 12% since June 30. That jump in book value could have investors wondering what other mREITs might be harboring such good news. [View news story]
WITH TODAYS MKT INTEREST RATES IT CAN CONTINUE TO MAKE MONEY. REFI CAN EFFECT EARNINGS BUT THE FUNDAMENTAL PLAN IS STILL GREAT.
Will Gold Go To $3,000 No Matter Who Wins In November? [View article]
Lions Gate Entertainment (LGF): FQ1 EPS of -$0.33 misses by $0.42. Revenue of $471.8M (+81% Y/Y) beats by $24M. Shares -3.6% AH. (PR) [View news story]
Annaly (NLY -0.5%) investors may want to pay attention to the meltdown in the shares of Chimera Investment (CIM -8.7%) on the back of an SA article suggesting the firm (which hasn't filed an earnings release or financial information since 2011 Q3) could be headed towards a $0 dividend and/or delisting. Annaly owns a sizable chunk of Chimera and manages the company through a subsidiary. [View news story]
CAN SOMEONE ANSWER THOSE ?
American Capital Agency Vs. Annaly Capital Management: Annaly Fights Back [View article]
Shares of Lions Gate (LGF +1.9%) gain ground with news out that the company will release a digitally-remastered version of the second movie in the Hunger Games series for IMAX release in November of 2013. Instead of simply blowing up the movie for the larger screen format, part of it will be filmed utilizing special 3D cameras which may add to the buzz a bit as it's released. [View news story]
I'M GLAD LGF IS TREATING IT WELL.THIS IS A BONANZA!
Pick Up Lions Gate Entertainment Shares After Earnings Miss [View article]
Pick Up Lions Gate Entertainment Shares After Earnings Miss [View article]