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Monday, July 30, 2007

AHM Halted Pending Announcement

by Calculated Risk on 7/30/2007 10:39:00 AM

From AP: NYSE Halts Trading in AHM Shares Pending Announcement After Suspended Dividend

The New York Stock Exchange halted trading in shares of American Home Mortgage Investment Corp. Monday morning pending an announcement from the struggling mortgage lender, which on Friday froze its dividend.

An NYSE spokesman said the exchange expects ... an announcement during trading hours Monday.