Among the companies with shares expected to actively trade in
Monday's session are Anworth Mortgage Asset Corp. (ANH) and Jaguar
Mining Inc. (JAG, JAG.T)
Anworth Mortgage Asset Corp. (ANH) has cut its quarterly
dividend 14%, sending shares down 4.4% to $6.74 after hours. The
real-estate investment trust said it reinvested scheduled
repayments of principal and prepayments of principal from its
primarily adjustable-rate mortgage asset portfolio into mortgage
assets with interest rates that were lower than what it earned on
the principal amount. The company also said interest income in the
latest period was hurt by projected premium amortization expense,
which is expected to increase from the prior quarter.
Jaguar Mining has named Richard Falconer as its chairman after
Gary German stepped down from the position, and said Mr. German and
two other directors weren't re-elected to the board at its annual
general meeting. Shares were up 1.7% to $1.18 after hours.
Watchlist:
Standard & Poor's Ratings Services lowered its outlook on
Alpha Natural Resources Inc.'s (ANR) junk rating to negative from
stable as the U.S. coal industry continues to face stiff
headwinds.
Dice Holdings Inc. (DHX), a provider of specialized
career-related websites, bought the assets of FINS.com, a
career-resource site for financial professionals owned by Dow Jones
& Co. Dow Jones is the publisher of The Wall Street Journal and
this newswire, and is owned by News Corp. (NWSA, NWS).
Duke Energy Corp.'s (DUK) merger with Progress Energy Inc. (PGN)
received approval from the North Carolina Utilities Commission,
removing a key hurdle to the deal. The companies still need
approval from the Public Service Commission of South Carolina
before they can close their deal.
FedEx Corp. (FDX) continued to reconfigure its aircraft fleet
Friday, disclosing it is buying additional fuel-efficient jets for
its domestic routes to replace older models while trimming the
number of new Boeing Co. (BA) 777 long-range freighters on order to
fly between the U.S. and Asia.
United Parcel Service Inc. (UPS) said its freight division is
raising its rates by an average 5.9% for noncontractual shipments
in the U.S., Canada and Mexico.
Write to Nathalie Tadena at nathalie.tadena@dowjones.com