10:50 AM A "strategic shift" is about at the mortgage REITs, says Wunderlich's Merrill Ross, as the gorilla in agency MBS (the Fed) has some looking at assets like commercial mortgages and private label securitizations. Exhibit A is Annaly's (NLY) purchase of CreXus (CXS). "It's like the Yankees saying they are going to diversity out of baseball," says Jefferies' wary Daniel Furtado. Read comments
NLY price at time of publication: $15.19. Check NLY price now »
Focus Articles on NLY
- Will Q4 2012 Mark The Nadir For Annaly Capital's Net Interest Rate Spread? by Albert Alfonso
- Annaly's Prepayment Pressure Continues And A Dividend Cut Is Likely, But Its Plan Is Compelling by Zvi Bar
- Annaly: Adding This Stock To The Team Alpha Portfolio by Regarded Solutions
Press Releases on NLY
- Annaly Capital Management, Inc. Announces Preferred Dividends (Business Wire)
- Annaly Capital Management, Inc. Reports Results for the 4th Quarter 2012 (Business Wire)
- Annaly Capital Management, Inc. Announces Agreement to Acquire CreXus Investment Corp. (Business Wire)
Related Articles on NLY
- As Chimera Receives Its Final NYSE Extension, A Filing Or Buyout Better Come Soon by Zvi Bar
- Team Alpha Portfolio: Looking Within For Retirement Income In Financial Stocks by Regarded Solutions
- Team Alpha Portfolio: Selling A Stock When Serious Questions Arise by Regarded Solutions
StockTalk on NLY: NLY StockTalk | Twitter NLY | Twitter $NLY | NLY Instablogs
Recent Market Alerts on NLY: All currents | Earnings | Dividends | M&A | On the move
Transcripts on NLY
- Annaly Capital Management CEO discusses Q4 2012 Results - Earnings Call Transcript
- Annaly Capital Management's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Annaly Capital Management's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following NLY: unsubscribe from all NLY email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on NLY
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Prices in this email are BATS Last Sale quotes.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
