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Fly News Breaks for June 17, 2015
AGNC
Jun 17, 2015 | 08:15 EDT
BofA/Merrill downgraded American Capital Agency to Underperform from Neutral and lowered its price target to $16 from $20. The firm said the operating backdrop for mREITs remains challenging and is increasingly concerned higher rates, widening spreads, and increased volatility will pressure shares. BofA/Merrill expects a flatter yield curve to reduce earnings power long-term, ultimately leading to potential dividend cuts.
News For AGNC From the Last 2 Days
AGNC
Apr 22, 2024 | 13:20 EDT
Pre-earnings options volume in AGNC Investment Corp. is normal with puts leading calls 6:5. Implied volatility suggests the market is anticipating a move near 3.8%, or 35c, after results are released. Median move over the past eight quarters is 2.9%.