Anworth Mortgage Asset Corporation (ANH)
ANH Price and Sentiment
ANH Latest news
U.S. equity markets finished modestly lower on a choppy week as assurances from the Fed of a "lower-for-longer" policy regime didn't slow the continued march higher in long-term interest rates. Retreating from record closing highs last week, the S&P 500 declined by 1.2% this past week as large-cap technology stabilized while Small-Cap stocks dipped by more than 3%.
NEW YORK, March 19, 2021 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") and Anworth Mortgage Asset Corporation (NYSE: ANH) ("Anworth") jointly announced today that they have completed the previously announced merger pursuant to the terms of the Agreement and Plan of Merger, dated as of December 6, 2020, by and among Ready Capital, Anworth and RC Merger Subsidiary, LLC, a Delaware limited liability company and a wholly owned subsidiary of Ready Capital (the "Merger Agreement"). As of the closing of trading on March 19, 2021, Anworth ceased to be publicly traded and its common stock and preferred stock was suspended from trading on the NYSE.
NEW YORK--(BUSINESS WIRE)---- $ANH #anworth--Anworth Mortgage Asset Corp. and Ready Capital Corp. jointly announced today that they have completed the previously announced merger transaction.
SANTA MONICA, Calif.--(BUSINESS WIRE)---- $ANH #anworth--Anworth announced that its stockholders have approved the Merger transaction with Ready Capital Corporation with 95.24% of votes cast in favor.
SANTA MONICA, Calif.--(BUSINESS WIRE)---- $ANH #anworth--The conversion rate of Anworth's Ser. B Cumulative Convertible Pfd Stock will increase to 6.2235 shares of its common stock effective March 16, 2021.
SANTA MONICA, Calif.--(BUSINESS WIRE)---- $ANH #REIT--Anworth Mortgage announced to holders of our Series B Cumulative Convertible Preferred Stock the closing date of the Merger to be March 19, 2021.
Penny stocks are penny stocks for a reason. Many will go bankrupt.
SANTA MONICA, Calif.--(BUSINESS WIRE)---- $ANH #REIT--Anworth Mortgage declared a common stock dividend of $0.04 per share, payable on March 18, 2021 to common holders of record as of March 15, 2021.
Anworth Mortgage Asset Corporation (ANH) CEO Joe McAdams on Q4 2020 Results - Earnings Call Transcript2021-02-24 16:43
Anworth Mortgage Asset Corporation (ANH) CEO Joe McAdams on Q4 2020 Results - Earnings Call Transcript
Rates on 10-Year Treasuries are up 44 basis points since December. COVID stimulus is expected to juice 2021 GDP.