Q3 2019 Arlington Asset Investment Corp Earnings Call

It’s quite common to see deals on smart speakers, but they’re not often as tempting as this one. Best Buy is selling the original Google Home for just $30, or less than a third of its official $100 price. That’s better than the $50 from not long ago, and puts…

D.C. Mayor Muriel Bowser on Sunday ordered the shutdown of the Maine Avenue Fish Market in Southwest after large crowds defied social-distancing orders and congregated in the open-air market on Saturday. Ernest Charappah, the director of the D.C. Department of Consumer and Regulatory Affairs, tweeted Sunday the closure will remain in effect until “an acceptable social distancing plan” is submitted to his department. Billy White, owner of Captain White's Seafood City at the municipal market, told NBC Washington that security was hired to maintain order.

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that the Company has determined not to declare a first quarter 2020 common stock dividend in order to preserve liquidity as a result of volatile market conditions related to the COVID-19 pandemic. In addition, the declaration and payment of future dividends on its common stock, 7.00% Series B Cumulative Perpetual Redeemable Stock (NYSE: AI PrB) and 8.250% Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (NYSE: AI PrC) will be evaluated at a future date.

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

Are you looking to improve your vocabulary while you’re stuck at home? Do you want to teach your kids new words while they’re out of school? If so, you’ll want to avoid ThisWordDoesNotExist.com. The new website offers an endless stream of AI-generated nonsens…

Artificial intelligence has myriad use cases, but it turns out inventing devices isn't one of them -- at least in the eyes of the US Patent and Trademark Office. The agency issued a decision on two patent applications for devices created by an AI system, dete…

From Star Trek’s Data and 2001’s HAL to Columbus Day’s Skippy the Magnificent, pop culture is chock full of fully conscious AI who, in many cases, are more human than the humans they serve alongside. But is all that self-actualization really necessary for the…

MediaTek is trying to make 5G more accessible on less-than-flagship phones with the launch of the Dimensity 820 processor. It has the latest carrier aggregation tech that offers improved coverage and seamless handovers between 5G coverage areas, faster downlo…

Another 6.6 million Americans — including more than 270,000 in D.C., Maryland and Virginia — filed initial U.S. unemployment claims last week, extending the economic crisis related to the coronavirus pandemic.

The COVID-19 pandemic is creating many problems for the car industry, and that extends to Ford’s self-driving taxis. While discussing its quarterly earnings, the company revealed that its autonomous vehicle services have been delayed from 2021 to 2022. In a s…

Sector ETF report for KBWD

A group of bipartisan, bicameral politicians have drafted a bill that would “dramatically” increase investment in tech research and development. The Endless Frontiers Act would commit $100 billion over five years toward research in artificial intelligence, hi…

This is Rich Konzmann, Chief Financial Officer of Arlington Asset. Before we begin this morning's call, I would like to remind everyone that statements concerning future financial or business performance, market conditions, business strategies or expectations, and any other guidance on present or future periods constitute forward-looking statements that are subject to a number of factors, risks and uncertainties that might cause actual results to differ materially from stated expectations or current circumstances.

MCLEAN, Va. , Nov. 7, 2019 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AI) (the "Company" or " Arlington ") today reported net loss attributable to common shareholders of ...

Arlington Asset Investment Corp. (NYSE: AI) (the "Company" or "Arlington") today reported net income available to common shareholders of $26.6 million, or $0.72 per diluted common share, and non-GAAP core operating income of $6.5 million, or $0.18 per diluted common share, for the quarter ended December 31, 2019. A reconciliation of non-GAAP core operating income to GAAP net income (loss) appears at the end of this press release.

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that its Board of Directors authorized a quarterly dividend of $0.4375 per share of its 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (NYSE: AI PrB) (the "Series B Preferred Stock") and a quarterly dividend of $0.515625 per share of its 8.250% Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (NYSE: AI PrC) (the "Series C Preferred Stock") for the first quarter of 2020. Dividends for the Series B Preferred Stock and Series C Preferred Stock will both be payable on March 30, 2020 to shareholders of record on February 28, 2020. The tax characterization to shareholders of the distribution will be determined after the end of the calendar year and will be reported to shareholders on Form 1099-DIV.

Nearly 100 members of the U.S. House signed a letter Thursday urging that D.C. receive the full funding allocated to states in the $2.2 trillion economic stimulus legislation related to the coronavirus pandemic. The letter from Rep. Jamie Raskin, D-Md., said the decision to group the District with U.S. territories instead of states in the Senate-led Coronavirus Aid, Relief and Economic Security Act was a “scandalous departure from practice that dramatically increases health risks” for those who live and work in the District, including members of Congress, their staffs and families. “There is no principled reason to abandon the customary practice of grouping the District with the states when it comes to the state aid grants in the CARES Act, and there are urgently compelling public health reasons to correct this affront to the local community,” says the letter, which was sent to House Speaker Nancy Pelosi, D-Calif., and House Minority Leader Kevin McCarthy, R-Calif. The legislation splits up $3 billion in emergency funding between D.C. and five U.S. territories based on population, allocating about $500 million to the District.

Eurovision 2020 was unsurprisingly cancelled due to the pandemic, but AI has stepped in to fill its glittery shoes. Dutch broadcaster VPRO has just wrapped up a Eurovision-inspired AI Song Contest, with 13 teams from Europe and Australia training algorithms t…

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") announced today that the Company will release results for the first quarter ended March 31, 2020 before the market opens on Monday, May 11, 2020 and will hold a conference call for investors at 10:00 A.M. Eastern Time that day to discuss the results.

If you’re fortunate enough to have an older person in your life—whether it’s a parent, grandparent, aunt, uncle or even a family friend—know that you basically have access to a living part of history. As a child, you may not have been interested in hearing th…

DeepMind isn’t the only one with an Atari-savvy AI. A team of Uber AI researchers has developed a set of algorithms, Go-Explore, that reportedly beats any Atari 2600 game with “superhuman” scores, including ones where AI previously had trouble besting its org…

Q4 2019 Arlington Asset Investment Corp Earnings Call

Like every other free-to-play battle royale game out there, Apex Legends is constantly refreshing the game with new content and modes. Season five “Fortune’s Favor” kicks off next week, and along with the newly-revealed character Loba, Respawn is also adding …

Sony and Microsoft are working on AI-powered cameras together. The two tech giants have announced that they’re embedding Microsoft Azure’s AI capabilities into Sony’s new image sensor, the IMX500, which comes with an onboard AI chip that processes information…

Arlington Asset Investment Corp. is an investment firm that focuses on acquiring and holding a levered portfolio of mortgage investments. The Company's mortgage investments generally consist of agency MBS and mortgage credit investments.

Is Arlington Asset Investment Corp (NYSE:AI) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]

Yesterday, Microsoft’s Build 2020 developer conference kicked off (remotely), and we saw the first results of Microsoft’s billion-dollar investment in OpenAI, a company co-founded by Elon Musk. Microsoft announced it has developed an Azure-hosted supercompute…

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that its Board of Directors authorized a quarterly dividend of $0.225 per share of common stock for the fourth quarter of 2019. The dividend will be payable on February 3, 2020 to common shareholders of record on December 31, 2019. This dividend is consistent with the Company's variable dividend policy pursuant to which the Board of Directors evaluates dividends on a quarterly basis and, in its sole discretion, may approve the payment of dividends.

For years, the evolution of image sensors has been about packing in more pixels and slimming down their size to fit into smaller devices. Now, they're about to get smart. Today, Sony is unveiling the IMX500 and IMX501, two 12.3-megapixel sensors with onboard …

Microsoft and Intel have a novel approach to classifying malware: visualizing it. They’re collaborating on STAMINA (Static Malware-as-Image Network Analysis), a project that turns rogue code into grayscale images so that a deep learning system can study them.…

Self-driving vehicles require massive amounts of data, which can be difficult to obtain without vehicles equipped with cameras and LiDAR and miles and miles of testing. To help advance autonomous vehicle research, Ford is releasing a comprehensive self-drivin…

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") announced today that the Company will release results for the fourth quarter and full year ended December 31, 2019 before the market opens on Tuesday, February 18, 2020 and will hold a conference call for investors at 10:00 A.M. Eastern Time that day to discuss the results.

Shares of Arlington Asset Investment (NYSE:AI) moved higher by 1.1% after the company reported Q1 results.Quarterly Results Earnings per share were down 46.88% year over year to $0.17, which beat the estimate of $0.15.Revenue of $9,141,000 higher by 15.46% from the same period last year, which beat the estimate of $4,720,000.Looking Ahead Arlington Asset hasn't issued any earnings guidance for the time being.View more earnings on AIArlington Asset hasn't issued any revenue guidance for the time being.Technicals 52-week high: $7.68Company's 52-week low was at $1.40Price action over last quarter: down 58.39%Company Profile Arlington Asset Investment Corp is a U.S. based principal investment company. The company holds a leveraged MBS investment portfolio, including Agency MBS, private-label MBS, private-label interest-only MBS, and net long TBA positions, with Agency MBS accounting for the majority of total investment capital. Agency MBS consists of residential mortgage pass-through certificates, for which the U.S. government agency and government-sponsored enterprise guarantee the principal and interest payments. The company generates the majority of its total interest income from Agency MBS, with the rest from private-label MBS and other investments. The company focuses its business in the United States.See more from Benzinga * Recap: Seacor Marine Q1 Earnings * Recap: FreightCar America Q1 Earnings * AutoNation: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

In this mini-episode of our explainer show, Upscaled, we break down NVIDIA's latest GPU, the A100, and its new graphics architecture Ampere. Announced at the company's long-delayed GTC conference, the A100 isn't intended for gamers, or even for workstation us…

Banjo is shuffling its leadership in a bid to keep its AI surveillance business with Utah and other customers worried about CEO Damien Patton’s racist past. Patton has resigned from the CEO position effective immediately, with CTO Justin Lindsey taking his pl…

Less than two weeks after Uber shared plans to lay off 3,700 employees, the company announced that it will let another 3,000 workers go. In other words, in the course of a month, Uber has made plans to get rid of roughly a quarter of its workforce.Uber will a…

NVIDIA is bringing its AI expertise to bear in the fight against COVID-19, the company announced during its GTC 2020 keynote on Thursday. Specifically, the first of NVIDIA’s new line of AI-driven supercomputing systems, the DGX A100, will be sent to Argonne N…

Q1 2020 Arlington Asset Investment Corp Earnings Call

Arlington Asset Investment Corp. (NYSE: AI) (the "Company") today announced that its Board of Directors authorized a quarterly dividend of $0.4375 per share of its 7.00% Series B Cumulative Perpetual Redeemable Preferred Stock (NYSE: AI PrB) (the "Series B Preferred Stock") and a quarterly dividend of $0.515625 per share of its 8.250% Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (NYSE: AI PrC) (the "Series C Preferred Stock") for the fourth quarter of 2019. Dividends for the Series B Preferred Stock and Series C Preferred Stock will both be payable on December 30, 2019 to shareholders of record on December 16, 2019. The tax characterization to shareholders of the distribution will be determined after the end of the calendar year and will be reported to shareholders on Form 1099-DIV.