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Strategies & Market Trends : Calls and Puts for Income

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To: Sam Citron who wrote (794)6/29/2007 9:00:29 AM
From: Bridge Player  Read Replies (1) of 5891
 
AHM withdraws guidance for 2007 earnings, in expectation of substantial loss for 2nd quarter ended today.

However, reaffirms .70 quarterly dividend policy, and states that stockholder book value will be higher at end of 2nd quarter than at end of 1st quarter ended March 2007.

Stock is sharply lower in pre-market this morning.

Not too sure what to make of all this. No doubt more dust to settle and it will all be eventually clarified.

My guess is that future dividends much more in doubt now.

Details here:

biz.yahoo.com
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