Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly") announced today that it has completed its acquisition of CreXus Investment Corp. (NYSE: CXS) ("CreXus"). Annaly's commercial real estate business will be operated under the name Annaly ...

Annaly previously announced that its acquisition of CreXus Investment Corp. (NYSE:CXS) (�CreXus�) will close on May 23, 2013.

Through the last two quarters, Annaly, AGNC's primary competitor, sought to acquire CreXus Investment Corp. (CXS), a commercial mREIT that it already owned 12.4 percent of and which is managed by FIDAC, a wholly owned subsidiary of Annaly.

I believe decreased funding costs along with the MBS sold during the first quarter will allow Annaly Capital Management, Inc. (NYSE:NLY) to report higher spreads compared to the first quarter. Besides, the recent acquisition of CreXus Investments will ...

Annaly's management will have a big question for its stockholders at this year's annual meeting, asking for their blessing to segue from being an internally managed company to using an external management team -- one made up of the very people that now ...