Ladenburg Thalmann Downgrades CreXus Investment Corp. (CXS) to Neutral

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/11/2026

1. HUM
2. SPCX
3. ALHC
4. PEP
5. T
6. TMUS
7. SPY
8. CVS
9. UNH
10. AXP

Go back to Ladenburg Thalmann Downgrades CreXus Investment Corp. (CXS) to Neutral

Deutsche Bank Downgrades CreXus Investment Corp. (CXS) to Hold

November 12, 2012 4:46 PM EST

Deutsche Bank downgraded CreXus Investment Corp. (NYSE: CXS) from Buy to Hold with a price target of $12.50 (from $12.00) following today's proposed buyout.

"We do not expect any other bidders to emerge and expect CXS to accept Annaly's offer," the firm said.... More

Annaly (NLY) Proposes $12.50/Share Takeover of CreXus Investment (CXS)

November 12, 2012 6:01 AM EST

Annaly Capital Management, Inc. (NYSE: NLY) has proposed to the Board of Directors of CreXus Investment Corp. (NYSE: CXS) (CreXus) to acquire for cash all of the shares of CreXus that Annaly does not currently own.

CreXus has approximately 76,630,528 shares of common stock outstanding, of which Annaly holds 9,527,778 shares, or approximately 12.4%.... More