JMP Securities Downgrades Annaly Capital Management (NLY) to Market Perform

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JMP Securities downgrades Annaly Capital Management (NYSE: NLY) from Market Outperform to Market Perform.

Annaly Capital Management, Inc. (Annaly) owns, manages and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), agency callable debentures, and other securities representing interests in the obligations backed by pools of mortgage loans.

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