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Two Harbors Investment Corp (TWO.N)

TWO.N on New York Stock Exchange

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25 May 2017
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Latest Key Developments (Source: Significant Developments)

Two Harbors Investment announces proposed contribution of its commercial real estate assets to Granite Point Mortgage
Wednesday, 24 May 2017 07:35am EDT 

May 24 (Reuters) - Two Harbors Investment Corp : :Two harbors investment corp - its intention to contribute its portfolio of commercial real estate assets to granite point mortgage trust inc..Two Harbors Investment - Granite Point has filed a registration statement with U.S. SEC with respect to a proposed initial public offering.Two Harbors Investment - contribution of portfolio of commercial real estate assets to granite point is expected to occur simultaneously with closing of IPO.Two Harbors Investment Corp - in exchange for its contribution, Two Harbors would receive shares of common stock of Granite Point.Two Harbors Investment Corp - anticipates it would distribute its shares of Granite Point common stock by means of special dividend.  Full Article

Two Harbors Investment qtrly book value of $9.91 per common share
Wednesday, 3 May 2017 04:16pm EDT 

May 3 (Reuters) - Two Harbors Investment Corp ::Two Harbors Investment Corp reports first quarter 2017 financial results.Reported qtrly book value of $9.91 per common share.Qtrly reported core earnings of $95.0 million, or $0.27 per weighted average common share.  Full Article

Two Harbors Investment prices public offering of series A preferred stock
Tuesday, 7 Mar 2017 05:22pm EST 

Two Harbors Investment Corp : Two Harbors Investment Corp prices public offering of series a preferred stock . Says offering 5.00 million shares .Two harbors investment - pricing of public offering of 5 million shares of 8.125% series a fixed-to-floating rate cumulative redeemable preferred stock.  Full Article

Two Harbors Investment Corp reports qtrly core earnings per weighted share $0.24
Monday, 6 Feb 2017 04:16pm EST 

Two Harbors Investment Corp : Two Harbors Investment Corp reports fourth quarter 2016 financial results . Two Harbors Investment Corp - qtrly reported book value of $9.78 per common share .Two Harbors investment corp - qtrly core earnings per weighted share $0.24.  Full Article

Two Harbors Investment announces pricing of convertible senior notes
Friday, 13 Jan 2017 08:54am EST 

Two Harbors Investment Corp - : Announces pricing of convertible senior notes . Pricing of $250 million aggregate principal amount of 6.25% convertible senior notes due 2022 .Notes will mature in January 2022.  Full Article

Two Harbors Investment announces public offering of convertible senior notes
Thursday, 12 Jan 2017 04:17pm EST 

Two Harbors Investment Corp - : Two Harbors Investment Corp announces proposed public offering of convertible senior notes . Plans to offer up to $250 million aggregate principal amount of convertible senior notes due 2022 in underwritten public offering .Intends to use net proceeds from offering to fund business and investment activities of company and its subsidiaries.  Full Article

Two Harbors Investment reports GAAP net loss $0.05 per share
Wednesday, 3 Aug 2016 04:16pm EDT 

Two Harbors Investment Corp : Two Harbors Investment Corp. Reports second quarter 2016 financial results . Qtrly reported core earnings of $0.22 per weighted average common share . Qtrly GAAP net loss $0.05 per weighted share . Qtrly reported comprehensive income $0.35 per weighted average common share outstanding .Qtrly reported book value of $9.83 per common share, 3.7% total return, accounting for a dividend of $0.23/share.  Full Article

Two Harbors says to discontinue mortgage loan conduit and securitization biz
Thursday, 28 Jul 2016 08:32am EDT 

Two Harbors Investment Corp : Two harbors investment corp. Announces plan to discontinue mortgage loan conduit and securitization business . Company expects to incur one-time charges of approximately $3 million in second half of 2016 in connection with closure . Wind down process is expected to be substantially completed by end of 2016 . Decision to discontinue made due to challenging market environment, combined with intent to reduce operating complexity,costs .Expects cessation of conduit,securitization activities to reduce ongoing operating expenses by about $10-$11 million on annual basis.  Full Article

Two Harbors Investment Corp. Announces First Quarter 2016 Dividend of $0.23 per Share
Tuesday, 15 Mar 2016 04:15pm EDT 

Two Harbors Investment Corp:declared a quarterly dividend of $0.23 per share of common stock for the first quarter of 2016.This dividend is payable on April 21, 2016 to common stockholders of record at the close of business on March 31, 2016.  Full Article

Two Harbors Investment Corp announces additional share repurchase authorization
Tuesday, 2 Feb 2016 04:18pm EST 

Two Harbors Investment Corp:Board of Directors has authorized the repurchase of an additional 50 million shares of the Company's common stock.  Full Article

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BRIEF-Two Harbors Investment announces proposed contribution of its commercial real estate assets to Granite Point Mortgage

* Two harbors investment corp - its intention to contribute its portfolio of commercial real estate assets to granite point mortgage trust inc.