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

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JPMorgan Downgrades CreXus Investment Corp. (CXS) to Neutral

November 13, 2012 7:04 AM EST

JPMorgan downgraded CreXus Investment Corp. (NYSE: CXS) from Overweight to Neutral following yesterday's takeover offer.

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

November 12, 2012 1:16 PM EST

Ladenburg Thalmann downgraded CreXus Investment Corp. (NYSE: CXS) from Buy to Neutral following today's takeover offer.

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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