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Re: TheInvisibleHand ™ post# 21970

Monday, 02/22/2010 12:23:06 PM

Monday, February 22, 2010 12:23:06 PM

Post# of 23113
ACAS reports 4th quarter earnings tomorrow after the close,
any news on what to expect for earnings?

just found this good bit of info -

American Capital Agency Corp. reported sharply higher earnings for the fourth quarter of 2009 Monday as the government-backed mortgage securities it holds gained value.
The company said it earned $40.7 million, or $1.79 per share, for the fourth quarter of 2009, compared to $11 million, or 73 cents per share, in the fourth quarter of 2008.
Net interest income swelled to $26.8 million from $6.8 million.


http://finance.yahoo.com/news/American-Capital-Agency-says-apf-1951734549.html?x=0&.v=1

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