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Deutsche Bank Downgrades ARMOUR Residential (ARR) to Hold

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ARMOUR Residential REIT (ARR) Prices 65M Shares Offering

February 14, 2013 8:50 AM EST

ARMOUR Residential REIT, Inc. (NYSE: ARR) priced an underwritten public offering of 65,000,000 shares of common stock. ARMOUR has granted the underwriters a 30-day option to purchase up to 9,750,000 additional shares of common stock. The underwriters are offering the shares at prevailing market prices... More